Russia to Tax Non-Resident Employees Working Overseas

The Russian Ministry of Finance has proposed the extension of the 30% withholding tax to employment income paid by Russian companies to non-resident employees working in other countries. Currently, the income of non-resident employees is generally subject to 30% tax when such income is considered sourced in Russia, which generally includes income related to an employee's activity performed in the territory of Russia. As proposed by the Ministry of Finance, all employment income paid by a Russ…