Proposed new Personal Income Tax rules for sales of shares
April 2026
The Government has just released a draft decree providing guidance on the new Personal Income Tax law, anticipated to come into force on 1 July 2026.
Several significant changes to the taxation of share transfersare under consideration, including: (1) Major change to taxation of sales of shares in non-public JSCs and (2) Certain share sales to be taxed as a transfer of real estate.
