Informing about the risk of blocking the account through the taxpayer’s Personal Account

LEGAL DIGEST, NEWS \ 27.07.2021

The Federal Tax Service has launched a service on its official website that allows a taxpayer to obtain an information about the risk of suspending a bank account owing to late submission of tax declarations.

The new information is presented in the section “How the tax service sees me” in the “Account blocking risk” tab of the personal account of a legal entity applying the general taxation system.

The section contains information about two potential risks:

• The risk of suspension of account transactions for failure to submit tax reporting in due time.
• The risk of late submission of declarations in the future. When calculating this risk, historical data on the taxpayer’s tax compliance for three years will be used. For example, if the taxpayer submits declarations in violation of deadlines on a regular basis, the risk will be assessed as a high one.

Information about missing the deadline for submitting tax reporting will appear in the taxpayer’s Personal account the next day. The service will also reflect the number of days before the possible blocking of the account.

Please note that starting from July 1, 2021, the period during which the tax inspectorate can decide to block an organization’s account owing to late submission of a tax declaration has been increased from 10 to 20 days. 

We remind you that the bodies of the Federal Tax Service (FTS) may decide to suspend account transactions in the following cases:

• If the company has not organized an electronic document flow with the tax inspectorate within 10 working days from the date of the obligation to submit reporting in electronic form;
• If the company has not sent to the inspectorate an electronic receipt for obtaining requirements for the submission of documents, explanations or notification of a call to the inspectorate via the telecommunications link;
• If the company has not paid taxes, insurance premiums, penalties and fines in due time at the request of the FTS;
• If the FTS employees doubt that the decision on the check can be executed (that is, they use the blocking as an injunctive remedy).

On issues relating to the application of tax legislation, please contact Acsour’s specialists.