Russia or San Marino: which taxes less?

Both tax systems side by side, headline rates and the gap between them.

Level pegging: Russia and San Marino weigh about the same on the taxpayer.

Tax Russia San Marino Gap
Corporate income tax headline rate 25% 17% +8.0 points
Personal income tax top bracket 13% to 22% 12% to 50% −28.0 points
VAT standard rate 20% 0% +20.0 points

Detailed schedules

Corporate income tax

Russia

General rate from January 1, 2025 25%
IT companies until 2030 5%
Radio electronics until 2027 8%

San Marino

General income tax Single flat rate on taxable income 17%

Personal income tax

Russia

Up to 2.4 M RUB 13%
2.4 to 5 M RUB 15%
5 to 20 M RUB 18%
20 to 50 M RUB 20%
Over 50 M RUB 22%

San Marino

n/a

See the Russia page See the San Marino page