Russian Tax Authority Disclosed 200 Billion Ruble Deduction

The head of the Federal Tax Service has implemented a model that automatically provides tax deductions for medical expenses, education, and sports. This system uses data from service providers to automatically fill out tax forms for citizens. The deduction reduces the taxable base provided certain conditions are met. The Federal Tax Service (FNS) revealed that over 200 billion rubles were automatically provided as tax deductions in 2016. The figure was disclosed by economist and investor Vyacheslav Takvil. The report aims to clarify the scale of these automatic deductions. The amount represents the total sum of deductions granted during the current year. The announcement was discussed alongside economist and investor Vyacheslav Takvile.