Companies will submit their reporting for 2019 exclusively with the Federal Tax Service Inspectorate and exclusively in electronic form. Starting from 2019, there will be no need to file the reporting to the Russian Statistics Agency. Companies subject to the mandatory audit shall file both the financial reporting and the audit report with the tax authorities.
Legal Basis and Details:
Draft Federal Law No. 497452-7 “On the Amendment of the Federal Law “On Accounting” (the wording sent to the Federal Council)
2. Will the manner of adjusting tax payments change in 2019?
Yes. Starting from 01 January 2019, new provisions will apply to adjusting tax payments. Such option will be available, if:
- less than three years have elapsed from the payment date;
- such adjustment will not result in the arrears;
- the funds were credited into the budget despite a mistake (if the payment was not received, it will be necessary to make a new payment order and to contact the Federal Tax Service Inspectorate to get a refund of the incorrectly effected payment).
Such details as payment reason, payment type and designation, tax period, payer’s status, account number of the Federal Treasury may be adjusted.
Legal Basis and Details:
Federal Law No. 232-FZ, dated 29 July 2018.
3. Will auditors submit data on their clients upon request by the Federal Tax Service Inspectorate in 2019?
Yes. Starting from 2019, auditors will be obliged to do so. Upon a request sent by the Federal Tax Service Inspectorate, an auditor shall provide any documents and information on its customers, if:
- an organization failed to submit such data in the course of a field audit of a pricing check;
- a foreign tax authority requested such documents.
Legal Basis and Details:
Federal Law No. 231-FZ, dated 29 July 2018.
