MOSCOW, June 17 The State Duma Committee on Budget and Taxes recommended adopting in the first reading a bill amending the Tax Code in order to improve the tax system of the Russian Federation.
The document was introduced by the government as part of the budget package. It is aimed at building a fairer and more balanced tax system, Prime Minister Mikhail Mishustin explained earlier. As part of these changes, it is proposed to expand the progressive personal income tax scale. Moreover, an approach was developed in which it would not affect 97% of the working population, noted Finance Minister Anton Siluanov. 
According to this scale, the existing basic tax rate of 13% will remain for annual income up to 2.4 million rubles. Then it will gradually increase: up to 15% for income up to 5 million per year, 18% for income up to 20 million, 20% for income up to 50 million, and income above this amount is proposed to be taxed at the highest rate of 22%. Changes in personal income tax will not affect monetary allowances and other payments to participants in a special military operation. For the self-employed, nothing changes either; the current tax rates on professional income remain unchanged.
The bill also increases the income limit to 450 thousand from 350 thousand rubles, before reaching which standard tax deductions for personal income tax are applied. And tax deductions are doubled: for the second child — up to 2,800 rubles, for the third and each subsequent child — up to 6,000 rubles. And for citizens who pass the GTO standards and undergo an annual medical examination, a tax deduction in the amount of 6,000 rubles is introduced. 
The tax rate on citizens' income from the sale of property remains at 13% for income up to 2.4 million rubles per year, and above this amount increases to 15%. And Russians who own controlled foreign companies and have chosen to pay personal income tax in a fixed amount of 5 million rubles will now pay it for each company. It also provides for a transition to payment of state duty for state registration of ownership rights to expensive real estate from a fixed amount to a percentage of the transaction price.
In addition, the threshold of the simplified taxation system is increased for income to 450 million rubles, for fixed assets — to 200 million rubles, with the simultaneous introduction of the obligation to pay VAT for taxpayers with incomes of more than 60 million rubles. And for payers who are ready to abandon business fragmentation from 2025, an amnesty is provided: unpaid taxes, penalties and fines for 2022–2024 will not be collected. The unified tariff of insurance premiums for SMEs in manufacturing industries is reduced from 15% to 7.6%.
In addition, the corporate income tax rate is increased from 20% to 25%. At the same time, the “grandfather clause” is preserved, protecting investors from changes in tax legislation, and an investment deduction is introduced at the federal level. At the same time, the mineral extraction tax is increased for the extraction of diamonds, gold, iron and some other types of ores, potassium salts, and excise taxes are also introduced on nicotine raw materials and tobacco-free nicotine-containing mixtures for heating, on the pharmaceutical substance of ethyl alcohol, and on the purchase of gas for the production of ammonia.
May 28, 22:23