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Russia Introduces New Options for Payments of Additionally Assessed Tax and Other Charges

|Approved Changes|Russia
Russia

On 1 April 2020, an order from the Russian Federal Tax Service (FTS) reportedly entered into force that provides the option for the payment in instalments of additionally assessed taxes, social security contributions, fines and penalties as a result of an audit. This includes that instalments may be made over a period of one year if the additionally assessed amount is less than 30% of the revenue for the year preceding the year of entry into force of the decision on the audit. If the addition…

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