Tax law and tax disputes
Reviews
The Russian President has signed amendments to the Russian Tax Code (Federal Law No. 382-FZ dated 29 November 2014), according to which Moscow, St Petersburg and Sevastopol may introduce a sales tax from 1 July 2015. The rate of the sales tax will be set by the cities themselves depending on the sales outlet or its area. Taxpayers will be able to deduct the sales tax from the profit tax they pay.
No. 348-FZ "On amending part one of the Russian Tax Code". Russia will have a system of proactive tax control (so-called tax monitoring) for major organisations,
Federal Law No. 308-FZ "On amending the Russian Criminal Procedure Code" dated 22 October 2014 has been signed. Russian investigators have the right to initiate criminal cases with regard to tax crimes at their own discretion (without the tax authorities having to issue a decision to this effect).
On 26 September the State Duma adopted Federal Law “On amending articles 12 and 85 of the first section and section two of the Russian Tax Code and invalidating the Law of the Russian Federation “Concerning Taxes on the Property of Physical Persons”. This law deals with renovating and changing tax on the property of individuals so that it is based on the cadastral value of the property. A three-level tax rate has been created. The transitional period for the modified property tax will be five years for all regions including cities of federal importance.
No. 225-FZ dated 21 July 2014, which concerns improving mechanisms for assessing and challenging the cadastral value of real estate items being. The time period between state assessments is has been limited to three years but it is now compulsory for companies to submit a pre-trial appeal to a commission under the Federal Registration Service ("Rosreestr"). The duration has been settled for decisions regarding reassessment of the value. The law will come into force on 1 April 2015.
On 23 May, the following draft laws were put before the State Duma