ABOUT TAXES
Double Taxation Avoidance Agreement is in place between Russia and the United States – it means, that income taxes, earned on American exchanges, a resident of the Russian Federation will pay only in his own country (13%). If you open an account on American exchanges through a Russian broker, then the broker becomes your tax agent – he himself is obliged to calculate and pay your income taxes, taking them from your account annually, as well as when withdrawing funds from an account. If you open an account with a US broker directly, then you yourself must fill out an annual tax return and pay taxes to the Russian budget.