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The Russian Ministry of Finance will draft the necessary amendments to the legislation establishing banks’ and other financial organisations’ obligations to transfer to the Russian Federal Tax Service data regarding accounts and client operations for such information to be provided to the tax authorities of other countries.

On 19 April, the Prime Minister of Russia signed the amendments to the Government Resolution on the levy charged on motor vehicles registered in foreign states that travel on Russian roads. The levy was increased and now applies to carriers from Latvia and Lithuania.

The Russian Government has published a Resolution to freeze the tariff for truck traffic at RUB 1.53 per km for an indefinite term. 

The Russian President has signed a law to ratify the Russian-Chinese intergovernmental agreement to avoid double taxation and prevent profit tax evasion.

The Russian President has signed two acts to establish a unified administrator of public payments. The Russian Federal Tax Service (FTS) will be vested with: (1) the powers of social funds responsible for collecting insurance contributions; and (2) the fiscal obligations of the Russian Federal Customs Service (FCS) and of the Russian Federal Service for Alcohol Market Regulation. The latter two agencies will be preserved but will be removed from being controlled by the Russian Government to be under the jurisdiction of the Russian Finance Ministry.

The Russian President has signed a law that will improve VAT refunds under the declarative regime. In particular, there has been a reduction from RUB 10 billion to RUB 7 billion in terms of the minimum amount of taxes paid in the three calendar years preceding the year in which the application is filed for the right to use the declarative regime.