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    boron1's Avatar
    boron1 Posts: 1, Reputation: 1
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    #1

    Apr 21, 2013, 06:08 PM
    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.
    AK lawyer's Avatar
    AK lawyer Posts: 12,592, Reputation: 977
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    #2

    Apr 21, 2013, 07:57 PM
    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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