Russian residents with an apartment abroad: form 3-NDFL by April 30, tax by July 15
A Russian resident's income from renting out and selling an apartment abroad is reported on form 3-NDFL by April 30, and the tax is paid by July 15 of the following year. A sale after the minimum holding period (5 years; 3 years for an only home, inheritance or a gift from a close relative) is not taxed.
What this changes in the calculation
A Russian selling an apartment in Georgia after 5 years pays no tax in either country; from 2 to 5 years: 0 in Georgia, 13% in Russia (15% above RUB 2.4 million); within 2 years: 5% in Georgia plus 13% in Russia with no credit.
- Source
- nalog.gov.ru
- Status
- verified
- Published