The Federal Act N 121-FZ "On amendments to article 218
of part second of the Russian Federation Tax Code"
(document is in Russian), putting into effect since January
1, 2009, increases the limit size of income, upon reaching of
which payers of the tax on incomes of natural persons lose their
right for application of the standard tax deduction in the size
of 400 rubles, up to 40 thousands rubles (instead of 20 thousand
rubles).
So from 600 to 1000 rubles is increased the size
of standard tax deduction granting to taxpayers having children.
Besides, there is established that aforesaid taxpayers shall
lose the right to apply this tax deduction in the case if their
income is more than 280 thousands rubles (before putting of
this amendments, the limit size of income, upon reaching of
which the right for application of the tax deduction is lost,
consisted 40 thousands rubles).
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