Unified Social Tax Replaced by Social Contributions

The law replacing the Unified Social Tax with social contributions came into effect on 1 January 2010. 

The Unified Social Tax completely disappeared from the Russian Tax Code and was replaced by social contributions payable to:

- the State Pension Fund,

- the Social Security Fund,

- the Federal Medical Insurance Fund,

- the Territorial Medical Insurance Fund.

According to the Russian Parliament, these amendments tie in with changes to the legislation on pensions and social benefits.