The Federal Tax Service of Russia is the largest department in the structure of state bodies of the Russian Federation.
Digitalization
Main article: Digitalization in the Federal Tax Service (FTS)
- FTS Data Centers
- Online data exchange between retail outlets and the tax service of the Russian Federation
History
2024: The Government of the Russian Federation has given the Federal Tax Service the authority to monitor compliance with mining requirements
On October 9, 2024, the Government of the Russian Federation announced a resolution on a federal executive body authorized to establish, in agreement with the Central Bank, a ban and (or) restrictions on transactions with digital currency in order to ensure the financial stability of Russia. In addition, the document determines the departments authorized to regulate mining. Read more here.
2023
Which countries refused to transfer tax information to the Federal Tax Service of Russia
In November 2023, the Federal Tax Service (FTS) published a list of countries that allow systematic non-fulfillment of obligations to automatically exchange country reports. The list includes 22 states:
- Australia;
- Austria;
- Belgium;
- Bermuda;
- Germany;
- Greece;
- Denmark;
- Ireland;
- Spain;
- Italy;
- Cyprus;
- Luxembourg;
- the Netherlands;
- Norway;
- Poland;
- Portugal;
- Romania;
- Slovenia;
- Finland;
- France;
- Sweden;
- Japan.
By November 2023, the Russian Federation has a law establishing the rules for collecting, providing and exchanging information on financial accounts and reporting on the activities of international groups of companies. It was adopted as part of an international agreement on the exchange of tax information of such corporations. The law provides for the provision of country reporting by international groups of companies since 2017. The purpose of these norms was to avoid secondary data claims through subsidiaries in other countries.
Country information includes information on income, expenses, profit or loss, key indicators characterizing the activities of participants, as well as tax amounts calculated and paid to the national budget system and to the budget of a foreign state. As part of this country information, team members should submit global and national team documentation and a country report on the States of which they are tax residents.
Earlier, the deputy head of the Federal Tax Service of Russia, Yulia Shepeleva, said that there are difficulties in obtaining tax information from a number of unfriendly jurisdictions. She included the United States, Switzerland, Germany, Great Britain, Latvia, whose governments officially announced that they would not provide tax information to Russia. Shepeleva noted that a number of unfriendly countries continue to interact with Russia in this area, but refused to name them so that "partners have no problems."[1]
Collection of 1.1 billion rubles in taxes and fines from the Zenden shoe chain
In January 2023, the shoe chain Zenden (Clothing House LLC) lost a dispute in the Court of Appeal with the Federal Tax Service No. 13 in the Vladimir Region about the recovery of almost 600 million rubles of lost taxes from it. Taking into account fines and penalties, Zenden will have to pay about 1.1 billion rubles to the budget. Read more here.
Defeat in court of Ralf Ringer in a lawsuit for 1.45 billion rubles
On January 20, 2023, it became known that the Moscow Arbitration Court sided with Ralph Ringer JSC in a dispute with the Federal Tax Service (FTS). One of the oldest Russian shoe retailers demanded to cancel the accrual by tax authorities of about 1.45 billion rubles in taxes, fees, fines and penalties. Read more here.
2021: Kaspersky Lab lost 42 million rubles in a dispute with the Federal Tax Service
In mid-May 2021, Kaspersky Lab"" lost a tax dispute by almost 42 million. rubles The Arbitration Court Moscow of the city refused to invalidate the company's decision of the Federal Tax Service on the additional charge of income tax due to an incorrectly applied coefficient. More. here
2020: Vladimir Putin offered Mikhail Mishustin to the post of Prime Minister
On January 15, 2020, President Vladimir Putin proposed appointing Mikhail Mishustin to the post of Prime Minister. Mishustin agreed to take this post, his candidacy was submitted to the State Duma for consideration, the Kremlin press service said. Read more here.
2019
British offshore companies decided to transfer data on accounts and assets of Russians to the Federal Tax Service of Russia
In mid-January 2020, it became known that three British offshore companies - the Isle of Man, Guernsey and Jersey - will share data on the assets of Russians with the Federal Tax Service.
According to RBC, in 2019, these islands, as well as the whole of Britain, did not transmit data from the Russian Federal Tax Service. The agency excluded their lists of "cooperating jurisdictions." But in 2020, the islands will connect to the system of automatic exchange of tax information with the Russian Federation.
The Federal Tax Service of Russia explained to the publication that the islands of Man, Guernsey and Jersey were excluded from the list on the basis of "information available to the Federal Tax Service."
The presence of islands in the list of participants in auto exchange is of fundamental importance both to identify tax violations and from the point of view of currency control, RBC reminds. From January 1, 2020, for Russians with accounts abroad, they softened the requirements for the repatriation of foreign exchange earnings - now Russian residents are allowed to credit funds from non-residents directly to foreign banks. At the same time, the bank should be located on the territory of the country participating in the auto exchange of the Organization for Economic Cooperation and Development (OECD).
Although the possibility of auto-exchange with the islands of Maine, Guernsey and Jersey in 2020 remains, the presence of Russia in the official lists does not guarantee the transfer of data, said Sergey Nesterenko, director of business development at Hill Consulting. Maine, Guernsey and Jersey as separate administrative units of Great Britain are not completely independent and often follow on the international stage in the fairway of its politics, he noted.
It is possible that, despite the presence of Russia in the lists, subsequently Maine, Guernsey and Jersey may refuse to transmit information under the pretext of concerns about insufficient data protection or for other reasons, commented Rustam Vakhitov, partner in international taxation of Crow Expertise, to RBC.[2]
Reducing tax debts and increasing tax collection in 8 months
The debt to income ratio (DTI), which is used to assess the effectiveness of the debt management system, is at the minimum value for five years - 7%.
For eight months of 2019, the Federal Tax Service transferred 15 trillion rubles to the consolidated budget (an increase of 10.9%), to the federal budget - 8.3 trillion rubles (plus 10.6%).
The high growth rate of revenues is demonstrated by all major taxes.
1. Income tax fees increased by 20%, to 3.3 trillion rubles,
2. VAT - by 17.1%, up to 2.6 trillion rubles,
3. Personal income tax - by 8.4%, up to 2.5 trillion rubles,
4. MET - by 10.8%, up to 4.2 trillion rubles.
Insurance premiums also maintain high growth rates - 4.5 trillion rubles were received in eight months (plus 9.6% of the previous period). This rate is 2.4 pp higher than the rate of wage growth.
2018: Record increase in tax revenues to the consolidated budget to 21.3 trillion rubles (+ 23 %)
The growth of tax revenues to the consolidated budget of the Russian Federation in 2018 became a record over the past five years - 23%, or plus almost 4 trillion rubles, the head of the service Mikhail Mishustin said on February 20, 2019 during an expanded board of the Federal Tax Service. In 2018, the consolidated budget of the Russian Federation received 21.3 trillion rubles. - this is almost 4 trillion rubles, or 23%, more than in 2017. Such an increase was the maximum since 2013. The head of the service explained that the results are provided not only by an increase in MET fees by one and a half times, but also by good dynamics of non-oil and gas taxes. Income tax received 4.1 trillion rubles. (plus 24.6% compared to 2017), VAT - 3.6 trillion rubles. (16.4%), personal income tax - 3.7 trillion rubles. (12.4% growth, and this is 2.5 points higher than the rate of wage growth). Property taxes were received by 1.4 trillion rubles, or 11.7% more than[3] 2017[3].
Mikhail Mishustin spoke about the reorganization of inspections for the largest taxpayers. The new structure includes eight such interregional inspections, to which 12 inter-district inspections are reassigned. In particular, the control over the oil and gas sector has been combined, a separate inspection has been allocated for multinational companies. A successful industry project to combat unscrupulous taxpayers was called agricultural - its result was a decrease in the recoverable amounts of VAT for exports and an increase in tax payments by the most significant clusters of internal processing of grain crops. The benefit to the budget for the grain season amounted to 57 billion rubles. Next in line is a project to prevent illegal harvesting and circulation of wood.
2012: President Dmitry Medvedev meets with FTS staff
2004: Reorganization of the Ministry of Taxes and Duties of the Russian Federation into the Federal Tax Service
In accordance with the Decree of the President of the Russian Federation of March 9, 2004 No. 314, the Ministry of Taxes and Duties of the Russian Federation was reorganized into the Federal Tax Service as part of the Ministry of Finance of the Russian Federation.
See also
Notes
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