Russia Proposes Unified 13-22% Tax on Passive Income in NDFL Reform

Russia's Ministry of Finance proposes folding passive income—dividends, deposit interest, securities gains, property sales, insurance and gift proceeds—into the main personal income tax base at progressive 13-22% rates. This consolidates previously separate tax regimes, potentially raising state revenue and simplifying compliance, but may reduce incentives for investment. The proposal is at an early stage and faces legislative review.