Dividend calculator

Dividends are paid to entities included in the list of those entitled to dividends. This list is drawn up on the same day as the list of entities entitled to participate in the general shareholders' meeting at which the decision is taken to pay out the corresponding dividends.

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Starting from January 1, 2015, the income tax and individual income tax rates on dividends distributed in favor of resident legal entities and individuals are 13% (starting from January 1, 2021, a progressive tax rate was introduced: (1) 13% - if the amount of corresponding income during the tax period (calendar year) is less or equal to 5 million rubles; (2) 650 thousand rubles and 15% on the amount of corresponding income exceeding 5 million rubles - if the amount of corresponding income during the tax period is over 5 million rubles).

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Calculation of tax amount is done according to clause 5 Art. 275 of the Tax Code of the Russian Federation.

Starting from 2021, where dividends are paid more frequently than once during a tax period, the tax base shall be determined as cumulative total, and personal income tax shall be calculated taking into account amounts of tax withheld in that period. In this regard, the actual amount of withheld tax /paid dividends may differ from the provided calculation.

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According to clause 5 Art. 275 of the Tax Code of the Russian Federation it is stipulated that if the T value is negative, the company has no obligation to pay tax.