... quality of the beverage. Experts recommend investing in wines from the harvest years of 1999, 2001, 2002, and 2005, while avoiding products produced in 2000. The Russian wine market can hardly be considered attractive. Investors will incur import duties, VAT, and transportation costs. Moreover, selling elite beverages in the domestic market without the proper license is not feasible. Wine collections are prohibited from resale within the country. Therefore, investments in wine are more suitable for European,...

... When dividends are paid, the company acts as a tax agent and withholds tax when transferring income to the shareholder or member. The tax on dividends depends on the recipient’s status and is set at special rates. Dividend income is not subject to VAT and is not included in the base for insurance contributions (it is not a taxable item). The basic tax rates for dividends are as follows: Individuals— residents of the Russian Federation: 13% personal income tax (PIT). If the total dividend income ...