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Russia explains 2025 income tax on deposit interest
Original: банковский вклад
Russian personal income tax on interest earned from bank deposits is back in focus for 2025. Finance Mail explains how the tax is calculated, noting that the liability depends on deposit income above a threshold set from the key interest rate, and when taxpayers must pay it. Russians are searching for clear guidance as banks continue paying elevated interest on savings and the first real tax bills on deposits arrive.
Why now: Deposit holders in Russia want to understand how the new tax on interest income applies to their 2025 earnings.
Finance MailRussian Federal Tax ServiceBank deposits
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