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Guys, someone said to me that Russian government is granting a tax waiver to all Olympic medalists. At least for all their post-Olympic income (if it is sport-related somehow). Same goes to all prominent coaches which were given some special state medals/awards. Eteri got like what... like 2 medals from Rus government already. Is it enough not to pay those 7% of income tax in Russia?
Income tax in Russia is 13%. Yes, Olympic medalists' prize money (as well as their coaches' ones) are officially tax exempt. Other types of their income are not.Guys, someone said to me that Russian government is granting a tax waiver to all Olympic medalists. At least for all their post-Olympic income (if it is sport-related somehow). Same goes to all prominent coaches which were given some special state medals/awards. Eteri got like what... like 2 medals from Rus government already. Is it enough not to pay those 7% of income tax in Russia?
Income tax in Russia is 13%. Yes, Olympic medalists' prize money (as well as their coaches' ones) are officially tax exempt. Other types of their income are not.
I don't know why people liked this either. Maybe they read the whole post and didn't cherry pick the part they didn't like and started a narrative of why didn't like this specific part even though that wasn't the premise of the entire post.
That's the nature of internet forums, what can you do.
Or I can check the users who came on this thread to like that comment, a very biased reaction in my opinion, and I can cross-reference and see what those users have in common. I understood easily after that. The nature of internet forum is based on how flocking behavior works![]()
I remember reading that also, but I don't have a confirmation. Speaking of Alina income or lack of it, as some posters here like to suggest, based on the fact that she lives in a small apartment in Moscow with her grandma, I remember the most amazing thing - that Alina herself does not care at all about the conditions in which she lives. I remember how she showed to the japanese reporters her apartment: not a shadow of embarrassment.
Some theories that people create here are going way too far, especially comming from users who clearly don't get the russian mentality and have no connection with russian society. What's the point to rent a big apartment when you live in the city temporarily? Why do you jugde a person income based on the fact that her parents don't live with her? The fact that they have jobs in a different city means that Alina is not supporting that familly and all that she earns now is for her future. This is just a pragmatic thinking.
Nah, people who like my posts are awesome, critical, independent thinkers. Or maybe they know I need the validation that anonymous likes gives me. Yeah, it's the latter. Thanks guys!
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Just in case someone would judge me on what I do or do not like on a skating forum
Nah, people who like my posts are awesome, critical, independent thinkers. Or maybe they know I need the validation that anonymous likes gives me. Yeah, it's the latter. Thanks guys!
The original post was about the popularity of figure skating and that it's going to get more popular because of all the new Russian seniors. That post cited Forbes's estimate of Alina's earning to be $800K. My post was critical of that Forbes's number and went into detail why you should be skeptical of that number or ESPN's number. My premise was that there's not that much money in skating as that Forbes's number suggest, and the number of promising Russian skaters won't change the economics.
Here where you get to use that sad emoticon.
You took the time to calculate her lifetime earnings where the Forbes list was annual earnings. By your calculation, you estimated $500K-600K over 2 years, one of those years being an outlier because it was an Olympic year. You arrived at the same conclusion that I originally posted about, which is that figure skating is not a big money sport for endorsement deals and the original Forbes number was a very rough estimate. Your calculation shows that a skater's earning are heavily dependent on winning, not endorsement deals.
No one was judging her apartment, or her family, or how she spent her earnings. You created that narrative yourself.
But I do appreciate you appointing yourself the arbiter of "Russian mentality" and "Russian society", I'm sure other Russians will appreciate it.
Don't forget to click the like button!
Now of course I would need to click "like" after thatJust in case someone would judge me on what I do or do not like on a skating forum
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Russia uses VAT rather than sales tax. Typically it is 20% (was 18% before Jan 1, 2019). I need to check the current rate of tax on coke - definitely interesting theme, albeit a bit offtop...Oh, yes. 13% is incoke tax and 7% is sales tax. Right. I thought I actually read somewhere and my Moscow friend told me that Olympic medalists in Russia are gettig a tax exempt on some stuff after their first Olympic medal(s). I need to research on that more.
Look... Olympic glory, in the vast majority of sports, doesn't lead to fortune and the fame can be fleeting, we all know that. Unless you are in a sport with a big worldwide base or that is huge in your homeland, you have to make what you can and make it fast and it isn't always the ones you'd think who make the biggest splash.
On the other hand, their finances are really not anyone's business but their own, but fans in pretty much any field like to know that the people they admire and who give them such joy are happy and properly rewarded, so they and the media are going to take an intense interest. Alina and Evgenia seem to be doing a good deal better than most skaters, which seems fair given their achievements, the sports' standing at home, their appeal off ice and their popularity overseas. Best thing fans can do is support the products if they want to, and send good feedback to their contracting companies to make as sure as possible that their investment is seen to be worth it.