Tag: Tax legislation
The Ministry of Finance explained the new tax on interest on deposits
The Ministry of Finance announced that the tax will not apply to interest earned on deposits in the year 2020, it will be levied on all interest income on deposits total in excess of $ 1 million. So, when the income of 72.5 thousand rubles, the tax would have amounted to only 1.6 thousand rubles
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AI in Financial Services: Transforming Banking, Investment, and Risk Management
FintechZoom.io has been tracking the rapid advancements in Artificial Intelligence (AI) and how they are revolutionizing financial services. From banking automation to fraud detection...
