IIS-3 Tax Deductions & Long-Term Exemptions
Firewire Analytics evaluates individual investment account tax savings (IIS type A, type B, IIS-3) and the long-term holding exemption (LDV).
1. Long-term holding exemption (LDV)
Securities held for more than 3 years are exempt from personal income tax on the sale result, up to a limit:
where $N_{\text{years}}$ is the number of full years of holding (at least 3). For example, 3 years exempt up to $9\,000\,000\text{ ₽}$ of profit, 5 years up to $15\,000\,000\text{ ₽}$.
2. Individual investment accounts (IIS)
Since 2024 only the new IIS-3 can be opened; existing type A and type B accounts keep their old rules. The Firewire IIS calculator (Calculators → IIS Calculator) compares capital growth on an IIS with a regular brokerage account using these rules:
| Account type | Contribution deduction | Tax on income | Minimum term |
|---|---|---|---|
| IIS-3 | Yes | Exempt on profit up to $30\,000\,000\text{ ₽}$ | 5 years for accounts opened in 2024–2026, then one more year each year, up to 10 years for accounts opened from 2031 |
| Type A | Yes | Taxed at your income tax rate | 3 years |
| Type B | No | Exempt | 3 years |
The contribution deduction equals the year's contribution, capped at $400\,000\text{ ₽}$, times your income tax rate $t$ (13% to 22%):
That is a refund of $52\,000\text{ ₽}$ (at 13%) to $88\,000\text{ ₽}$ (at 22%) per year. The deduction for a contribution arrives the following year, and the calculator can reinvest it into the same IIS. The law allows up to three IIS-3 accounts at different brokers at the same time.
Firewire does not currently net losses across accounts at different brokers: the tax forecast only counts profit and loss of the accounts selected in the current portfolio.