Amnesty of capital in Russia: from the post-soviet period to the era of the digital economy

Abstract

Various stages of capital amnesty carried out in the Russian Federation have been identified and considered from 1993 to 2022. They are related to the adoption of new (modified) rules contained in special legislative and other normative acts. The most significant and profitable preferences for declarants, conditions of implementation of amnesty of capital are defined for its every period. In the context of the formation and development of the digital economy, gaps in the current legislation are identified, and proposals for its improvement are made. In particular, it is concluded that if the mechanism for voluntary repatriation of capital from abroad is renewed, it should extend to all persons regardless of their legal status. It is also necessary to include digital rights, digital currencies and brokerage accounts in the list of objects subject to declaration for the purpose of amnesty. It is advisable to carry out redomicilation of legal entities wishing to return domestic capital from any countries.