Russian opposition leader Navalnyy publishes his income declaration

(Interfax – Moscow, April 16, 2013) Opposition representative Aleksandr Navalnyy has published his income declaration for the year 2012, according to which his income from his work as a lawyer amounted to nearly R7.5m (about 183,000 dollars).

Navalnyy posted his declaration on his webpage in Live Journal (http://navalny.livejournal.com/789792.html).

According to the documents, the income from his activities as a lawyer in 2012, which is taxable at 13 per cent, amounted to R7,482,257.13

In addition to this, last year Navalnyy received income from securities and shares in commercial organizations amounting to R1.1m. This income is taxed at the rate of 9 per cent.

Along with this, the declaration listed a number of sources of income that are not taxable. In particular, Navalnyy pointed out that within the RosPil (anticorruption) project he received from individuals gifts totalling R8,521,597.28

In addition to this, income in the form if interest received on the balance of funds on Navalnyy’s bank accounts amounted to R12,166.45 and income from the sale of a vehicle he had owned for over three years amounted to R705,500

Thus, his total non-taxable income amounted to R9,239,263.73 (about 225,000 dollars).

Navalnyy noted that once journalists asked him whether members of the opposition Coordination Council have to publish their income declarations in the same way as officials do. Navalnyy answered that it was not at all compulsory for the members of the Coordination Council as they were not state officials but at the same time promised to publish his declaration. “I have been periodically reminded of this promise. Here you have it: I promised and I did this,” Navalnyy wrote in Live Journal.