Tax law and tax disputes
Alerts
The Russian Government has approved the list of medical items for diagnosing (treating) the new coronavirus infection on which expenses are deductible for corporate profit tax purposes.
Pepeliaev Group advises that the deadlines for submitting reports under the EU directive DAC6 are planned to be shifted.
On 16 May 2020, the Russian Government’s Resolution No. 699, was adopted which amends the previously established Rules for granting a deferral (instalment plan) for the payment of taxes, advance payments on taxes and insurance contributions.
According to Resolution No. 576 of the Russian Government dated 24 April 2020, one of the conditions that SMEs from the “most affected” sectors should meet to be entered into the register of subsidy recipients is that they should not have had tax arrears of over RUB 3,000 as at 1 March 2020. This amount is calculated taking into account all the existing arrears and overpayments (penalties, fines and interest are not taken into account).
On 19 May 2020 a draft law on amendments to tax legislation was submitted to the State Duma. This draft law is aimed at implementing a so-called ‘third set’ of support measures for business and the public in connection with the coronavirus infection.
The Russian Government’s Resolution No. 651 “On measures of support for systemic companies” was adopted and published on 10 May 2020 approving the Rules for selecting companies included in the lists of systemic companies of the Russian economy that are eligible to receive state support measures in 2020.
On 11 May the Russian President held a meeting concerning the sanitary and epidemiological situation, announcing further measures to support the population and business, and officially terminating the period of “non-working” days that had been previously introduced.
Pepeliaev Group advises that: Russia has completed internal procedures necessary for beginning the use of the Multilateral Convention (MLI) with separate countries that are partners with the Russian Federation under double taxation treaties (DTTs); the Procedure of conducting mutual agreement procedures within the framework of DTTs is planned to be specified; the format for notifying participation in an international group of companies (IGC) has been changed; an opportunity has emerged to submit notifications of participation in foreign companies and unincorporated foreign structures through a personal account of the taxpayer and the ‘Nalogi FL’ mobile application.
The Russian Federal Tax Service has published Letter No. BS-4-11/7300@ dated 29 April 2020, in which it has clarified the procedure for paying reduced insurance contributions for small and medium-sized enterprises (“SMEs”).
The Russian Federal Tax Service has published Letter No. ED-20-8/53@ dated 27 April 2020 according to which the suspension of measures for the collection of tax debt has been extended until 31 May 2020.