Income tax exemption for soldiers and state employees deployed to fight in Ukraine
From now on, soldiers will no longer have to provide information on their income, expenses, assets
The new tax policy will also apply to partners and children of individuals
Moscow, Russia has made a big announcement to boost the morale of its soldiers fighting Ukraine. Russian authorities have announced that soldiers and state employees deployed to fight in Ukraine will be exempt from income tax. The new tax policy applies to all Russian soldiers fighting in four Ukrainian regions, including Donetsk, Luhansk, Kherson and Zaporizhia. Kremlin spokesman Dmitry Peskov on Friday cited an exemption contained in an anti-corruption law, details of which were released late Thursday by Russian officials, according to a report by the Moscow Times.
According to the ordinance, the military, police, members of the security services and other state employees serving in the four regions will no longer have to provide information on their income, expenses and assets. According to the new decree, Putin will give gifts to soldiers fighting in Ukraine. The order further states that Russian forces in Ukraine are also entitled to receive awards and gifts if they are of a humanitarian nature and were received by Russia as part of what it calls a “military operation”. special” in Ukraine. The new tax policy will also apply to partners and children of individuals.
Russian President Vladimir Putin on Thursday signed an order removing the requirement for government officials to disclose their tax returns during the Russian war in Ukraine, The Moscow Times reported. Prior to this order, Russian law required officials to publicly disclose tax returns for themselves and their immediate family members in an effort to reduce rampant corruption. The Moscow Times reported that appointed or dismissed military officers were also required to disclose their tax returns. At the same time, the Kremlin has rolled out a series of incentives for Russians fighting in Ukraine, offering cash bonuses and promising financial support to families in the event of the death or injury of loved ones.
Tags: russia ukraine war, Vladimir Poutine, world news
FIRST POST: December 31, 2022, 1:41 p.m. HST