The Russian government is considering abolishment of a tax on bond coupon income for households, as follows from a fiscal policy draft for 2017-2019.
“The risks of loss of personal savings are higher in case of investments in bonds than the risks in case of savings on banking deposits, where there is a system of deposit insurance on the legislative level”, the draft said.
The authorities think that improvement in the bond yield taxation conditions will raise attractiveness of bonds with a high credit risk. (Prime/Business World Magazine)