Sverdlovsk Region’s tax revenues to go down 8%

19 May 2015 (09:17)

May 19, 2015. Private individuals are expected to pay around 890m RUR worth of taxes to Sverdlovsk Region budget in 2015, which is 8% less than a year earlier, the Federal Tax Service’s regional division states preliminarily.

As of May 1, 2015, over 171,000 tax declarations have been submitted by private individuals, which is 11% more than in 2014.

Some 102,000 taxpayers applied for property-related tax deduction and 50,000 more applied for income tax relief. This means 4.7bn RUR are subject to being paid back to taxpayers, which figure exceeds that for 2014 by 16%.

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