Effective accounting without investing efforts and resources of the client for the development of non-core direction
Tax authorities will be able to request information from audit firms starting from 1 January 2019.
The summer now departing has featured an abundance of drafts and laws concerning taxation. Below we set out the most important ones:
The basic rate of value added tax will rise from 18% to 20% starting from 1 January 2019.
It has become known which companies will be able to do business in the newly created Russian offshore zones on Russky Island in Primorsky Territory and Oktyabrsky Island in Kaliningrad Region, starting from 1 January 2019.
New rules of control over invited foreign employees will become operational from 16 January 2019.
A law on the free-of-charge registration of legal entities and individual entrepreneurs when documents are filed in electronic form will come into effect from 1 January 2019.
The Russian Supreme Court held that procedure for imposing financial liability should also be complied with for employees who are no longer in post.
The requirements for loan agreements between legal entities that are residents and non-residents have been renewed.