Late Tax Payment Penalties in Russia: 47 Kopecks Per Day Per Thousand Rubles
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Insights by Echo AI
Starting December 2, 2022, late tax payment penalties in Russia will amount to 47 kopecks per day for every thousand rubles of debt. The last day to pay property taxes without incurring penalties is December 1. Deputy Druzhinin of the 'New People' party reminded taxpayers not to wait until the last minute due to potential website and bank overload. The penalty rate is subject to change based on the Central Bank's key rate review on December 18.
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