It will be possible to become a tax resident of the Russian Federation voluntarily after 90 days of stay in the country

Russian Finance Minister Anton Siluanov came forward with such proposal at the government session today. “The bill draft is proposed to be amended as follows: the rights given to the individuals to qualify themselves as Russian tax residents in the current year 2020 who spend in the Russian Federation from 90 to 182 days inclusive during the current year, based on the application submitted to the tax authorities. It will be submitted in any form along with the personal income tax return”, the official explained the essence of the innovation. According to the minister, the changes will provide “an opportunity to attract citizens to our country who are ready to work here, do business and become tax residents.”