The Cabinet of Ministers has increased the list of organizations whose prizes are exempt from personal income tax

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AK&M 02 May 2024 11:59

The Government of the Russian Federation has increased the list of non-profit organizations whose grants, awards and prizes are not taxed on the income of individuals. The corresponding resolution was signed by Prime Minister Mikhail Mishustin.

The list includes the organization "More than Travel", which implements the youth tourism program of the same name.

Within its framework, prize-winners and winners of All-Russian children's and youth projects receive encouragement in the form of certificates for tourist trips.