New changes: what will happen to the tax deduction

Member of state Duma Committee on budget and taxes, the United Russia party, Yevgeny Fyodorov appealed to Prime Minister Mikhail Mishustin an initiative to double the amount with which the Russians can get a tax deduction when buying a home. He proposes to increase the amount of personal income tax from 2 million to 4 million, and the interest on the loan — from 3 million to 6 million This should make real estate in the country more accessible and to bring the rules to the real cost of housing.

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