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The Unified Social Tax is Replaced with Insurance Contributions

01.06.10
1
Written by
ALRUD, a confident Russian leader in labour and employment law.
Read this Newsletter to learn about replacement of unified social tax by insurance contributions

According to federal law as of July 24, 2009 No. 212-FZ “On Insurance Contributions to the Pension Fund of the Russian Federation, Social Security Fund of the Russian Federation, Federal Medical Insurance Fund of the Russian Federation and Territorial Medical Insurance Funds” that has been passed by the State Duma, the Unified Social Tax (UST) is replaced from the year 2010 with insurance contributions to particular types of social security to be paid to four separate non-budgetary funds.

Continue reading the ALRUD newsletter “The Unified Social Tax is Replaced with Insurance Contributions.”