The draft fiscal and customs policy document for 2021 proposes raising some of the income tax rates to a standard rate of 12%. The bill was proposed for public debates by the Ministry of Finance, IPN reports.
The bill says the tax rate for leasing out by a private individual could rise from 7% to 12%, while for leasing property out by private individuals to legal entities, except for farmland, will be taxed with 12%, up from 10% at present. The tax rate in the case of goods sale will be increased from 10% to 12%.
Also, to ensure the investment attractiveness of the national economy, the tax rate on incomes from dividends will be maintained at 6%, which is 50% of the standard rate of 12%. The tax rate for revenues earned by private individuals from selling agricultural production will also be 6%.
It is proposed maintaining the same tax rates for the fiscal regime of SMEs, for independent activities and for residents of IT parks.
