Assistant for
sales and products
How is it more convenient for you to contact us?

Your browser is out of date. Please update to view the site

Your browser is not supported by the site. Please use another to further use the resource

All sites

Taxation of shareholders

Kazanorgsintez distributes dividends* to shareholders net of personal income tax calculated and paid to the budget of the Russian Federation.

The personal income tax rate depends on the tax residency of shareholders. Residents of the Russian Federation are subject to two tax rates:

  • 13% if the annual income of an individual is up to RUB 5 m
  • 15% if the annual income of an individual exceeds RUB 5 m

The base rate of personal income tax for residents of foreign countries stands at 15%. The rate may be reduced under a double taxation treaty.

*Dividends are the Company’s net profit that can be distributed to shareholders according to their shareholding and type of shares.

For more information about tax residencies, see the website of the Russian Federal Tax Service.


Are there any exceptions when personal income tax is not charged?

There are no exceptions: according to the Russian tax laws, taxing dividend income paid out by PJSC/JSC is mandatory as personal income tax.

Who charges and pays personal income tax?

Personal income tax is calculated and paid by a tax agent. If the rights to shares are recorded in the register of the Company's securities/shareholders, the Company itself acts as a tax agent. Otherwise, this role may be assumed by a trustee, a broker, or a depository.

If dividends are paid more than once a year, personal income tax is calculated on a cumulative basis offsetting the amount paid earlier.

Contacts for shareholders

We use cookies to improve the services we provide. By continuing to browse the site, you agree to the cookie policy