Citizens can get tax breaks for investing in bonds

Russian Ministry of Finance  proposes to introduce tax breaks for owners of shares, similar to real estate, said the head of the Ministry Anton Siluanov. According to him, the citizens who owned shares in more than three years at their sale can get a tax deduction on the income earned in the amount of up to 3 million rubles. In addition, the tax benefits could be extended to the income received by individuals from investments and interest on the securities. In the latter case, the tax deduction can be up to 1 million rubles a year.