Scholarship. The Ministry of Finance is preparing to increase taxes on earnings on the capital market. The earnings from the sale of shares and other securities will be charged with 2% for holdings of more than 365 days, compared to 1% at present, and with 4% for holdings of less than 365 days, compared to 3% at present.

The Ministry of Finance proposes to increase the current taxes of taxation obtained from stock market transactions, introduced in January 2023, for both shares and other securities, as well as for derivative financial instruments, shows ZF's aggregated data published on the Ministry's website on August 14. According to the document, the earnings from the sale of shares and other securities will be charged with 2% for holdings of more than 365 days, compared to 1% at present, and with 4% for holdings of less than 365 days, compared to 3% today. In the case of derivative financial instruments, the same increases are proposed: 2% for positions kept for more than one year and 4% for closed positions in less than one year. «It is proposed to increase the tax rates applicable to the revenues in the form of the earnings from the transfer of securities and operations with derivative financial instruments, carried out by the entities provided by law, as: the 1% share applicable to each profit from the transfer of securities/to each profit from the operations with financial instruments that have been derived, At the date of acquisition, it is increased to 2%;
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