Tax inspectorates will independently calculate transport and land taxes, sending notifications to payers subject to be paid before March 1. The last tax return to be submitted shall be for 2019.
Companies that have taxable property and related tax benefits shall report thereof to the tax office.
For some stationary trade items, the sales charge has been changed. The sales charge payers shall inform the IFTS about the termination of sales through the item for which the sales charge is paid, within 5 working days from the date of termination.
Mandatory marking (movement monitoring system) for medicines as well as footwear, tobacco, fur, perfume, certain light industry goods and some other goods (cameras, car tires) is introduced. This will allow the tax authorities to expand the monitoring zones with regard to goods turnover.
Debts and overpayments. Informing taxpayers and tax authorities
From 01.04.2020 there will be changes in the procedure for collecting tax debts
If the amount to be recovered exceeds 3,000 rubles, the decision shall be taken within two months from the date when the said amount exceeded 3,000 rubles.
If the amount to be recovered is less than 3,000 rubles, the decision on the recovery shall be taken within two months from the date of expiry of the three-year term.
Collection of large debts by IFTS
From 01.04.2020, the IFTS may take additional measures to recover the arrears of over 1 million rubles. These measures include inspection of the company’s territory, premises, documents and items, as well as the claim (including from third parties) beyond audit of documents and information on property, property rights and obligations of the debtor company.
Bad debts write-off of individuals is released from personal income tax
Terms of release:
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the organisation and the individial are not related parties;
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the parties have not been involved in labour relations for the entire period of the debt;
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the debt is not cash aid or consideration (including payment for goods, works and services supplied by the debtor).
There will be a twofold increase in interest on deferral and installment payments The IFTS will charge them at the refinancing rate instead of the 1/2 refinancing rate. In case of threat of bankruptcy and seasonal activities, interest will continue to be calculated at 1/2 of the refinancing rate.
From 01.10.2020, federal, regional and local taxes can be set off. Overpayments can be made for future payments or for the settlement of tax arrears. The overpayment can be refunded after all tax and fee debts have been settled.
In addition to information on foreign bank accounts, companies will be required to inform the tax authorities and Federal Service for Financial Monitoring about foreign accounts and deposits opened with other financial institutions.
From 01.04.2020 the tax authorities will inform taxpayers, with their written consent, by SMS and e-mail if they have any arrears or debts in penalties, fines and interest.
OTHER CHANGES:
