Taxes on income, profits and capital gains reached -351 RUB bil in 2016 in Russia, according to the National Statistical Office. This is 172 % less than in the previous year.
Historically, taxes on income, profits and capital gains in Russia reached an all time high of 663 RUB bil in 2008 and an all time low of -351 RUB bil in 2016. When compared to Russia's main peers, taxes on income, profits and capital gains in China amounted to 2,477 CNY bil, 156 EUR bil in Germany, 31,216 JPY bil in Japan and 1,897 UYU bil in USA in 2016.
Russia has been ranked 109th within the group of 109 countries we follow in terms of taxes on income, profits and capital gains, 90 places behind the position seen 10 years ago.
Taxes on income, profits, and capital gains are levied on the actual or presumptive net income of individuals, on the profits of corporations and enterprises, and on capital gains, whether realised or not, on land, securities, and other assets.
|Taxes on Income, Profits and Capital Gains (Local Currency)||Unit||2009||2010||2011||2012||2013||2014||2015||2016||2017|
|South Korea||KRW bil||87,161||94,326||94,338||99,139||108,950|