Individual Investment Account
Investments and Tax Benefits
How to become an investor
In the context of providing broker services in the securities market, SDM-Bank offers to individuals opening of individual investment accounts (IIA) in which transactions with securities may be made with additional tax benefits from the state.
An individual investment account (IIA) is a personal account for internal recording of monetary funds and securities of an individual client, opened by a broker. The IIA holder is entitled to an individual tax credit provided that the contract has already been in force for at least three years and the annual amount credited to the individual investment account does not exceed RUB 1,000,000.
The individual’s (investor’s) income consists of 2 parts:
1. Investment income
It arises out of investments in securities in accordance with the client’s preferences as regards the ration of income to acceptable risk.
2. Tax credit
Enables the investor to receive at his discretion:
- 13% of the amount placed in the individual investment account, in the form of refund from the RF budget of the funds paid by the client as the personal income tax provided that the client has official income, for example, salary (credit for payment);
- or tax exemption for income gained from investment of monetary funds in the securities market (credit for income).
When selecting the individual investment account type, you should remember that in three years you will be able to close the account and to open a new one with a different taxation type.
- High return
- Refund of 13% of paid personal income tax
- Term up to 3 years