Forex dealers to stop operating in Russia after the New Year - page 6

 
Дмитрий:

In 2014, research showed that 400,000 Russian citizens were working with forex companies. The average deposit was around $900.

Can you imagine how much tax did not make it into the RF budget? That's exactly what the law is for.

41 million if personal income tax. But it is immediately -13% of the deposit, after that less will be willing. And the average deposit is $100.

Well, maybe they'll collect a couple million in personal income tax.

I don't count those who make regular profits, there are only a few percent of the total mass.

 
forexman77:

41 million if the personal income tax. But, that's -13% of the deposit right away, after that there will be fewer people interested. And the average deposit is $100.

Well, maybe a couple million in personal income tax.

What's that got to do with personal income tax?

We're talking about taxation of legal entities!

VAT, income tax!

 
Дмитрий:

What has personal income tax got to do with it?

It's about taxation of legal entities!

VAT, income tax!

That makes sense then. Corrected my post above.
 
Игорь Герасько:
What does this have to do with VAT? Individuals do not pay VAT.

It is only individuals who pay VAT, while firms only pass it on to each other...

 
Дмитрий:
What does this have to do with individuals if we are talking about the taxation of forex companies?

Forex companies have been hiding profits and will continue to do so. Nothing will change in this segment since the law came into force. The ones who will suffer, as always, are individuals. That is who we are talking about. They are precisely the ones to be affected by this law, because it obliges to pay 15% of income received.

Well, not more than 5% of traders receive income from Forex. So out of 400 thousand could receive income of about 20 thousand. Let's say this income was 100% annual, ie in the total amount of $ 900 * 20 thousand = $ 18 million. With this income must pay 15% of personal income tax, ie $2.7 million. Even if we take the average annual rate for 2014, somewhat overestimated (50 rubles / $), we get 135 million rubles.

 
Игорь Герасько:

Forex companies have been hiding profits and will continue to do so. Nothing will change in this segment since the law came into force. The ones who will suffer, as always, are individuals. That is who we are talking about. They are precisely the ones to be affected by this law, because it obliges to pay 15% of income received.

Well, not more than 5% of traders receive income from Forex. So out of 400 thousand could receive income of about 20 thousand. Let's say this income was 100% annual, ie in the total amount of $ 900 * 20 thousand = $ 18 million. With this income must pay 15% of personal income tax, ie $2.7 million. Even if we take the average annual rate in 2014, somewhat overestimated (50 rubles / $), we get 135 million rubles.

Three times eight again..........

Once again - LEGAL LEADERSHIP TAX.

You pay personal income tax anyway - if you get an unknown amount of money on your card from abroad, do you pay personal income tax?

 
Игорь Герасько:

Well, no more than 5% of traders make a profit from forex trading.

That's a bit optimistic of you. Less probably about those who earn regularly year after year.
 
The DC collected $100,000 a month in deposits from clients and paid out $5,000 in winnings - should it pay VAT and corporate income tax?
 
-Aleks-:

It is only individuals who pay VAT, and firms only pass it on to each other...

Essentially true, but in fact they don't. )) In that case, it is worth mentioning that we are all also the biggest corruptors, because any goods we buy include all the bribes paid by producers, suppliers and vendors combined.
 
Дмитрий:

You pay personal income tax anyway - if you get a sum of money from someone abroad on your card, do you pay personal income tax?

Why from abroad? In the Russian Federation, the payment comes from one entity or another which is a resident. In this case, no one pays any tax. And this is wrong. And it is essentially wrong that one company receives the money and another gives it away.
Reason: