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-   -   How are the taxes on sold property paid in Russia (https://www.askmehelpdesk.com/showthread.php?t=745349)

  • Apr 21, 2013, 06:08 PM
    boron1
    How are the taxes on sold property paid in Russia
    I have a buyer in Russia who is buying my inherited property. I understand that I need to pay 30% tax as a foreigner on the selling price. Do you know how/to whome/when I need to pay this tax? Do I get he cash for transaction first, wire it to the US and then pay the tax?

    What is also not clear to me why I need to pay tax at all when I sell this property on the full selling price -- as this is an inherited property - and there is no tax on inheritance in Russia.
  • Apr 21, 2013, 07:57 PM
    AK lawyer
    Quote:

    Originally Posted by boron1
    ... I understand that I need to pay 30% tax as a foreigner on the selling price. ..

    Understand from whom?

    Contact the State Department and get them to refer you to a reliable Russian lawyer who can guide you through this.

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