Doing Business in Russia
52 Doing Business in Russia
Appendix 2.
Fines for tax and customs violations
Fines based on the Tax Code
Type of infringement
Late registration with the tax
authorities
Late submission of tax returns
Substantial violation of the rules
governing the accounting of
taxable income and expenses
Payment default or
underpayment of taxes
Non-withholding and/or default
of payment of taxes by a tax
agent
Fine
RUB10,000 (approximately USD154) if the registration deadlines are missed.
If activities have been conducted without registration: 10% of the income received
as a result of the activities, though not less than RUB40,000 (approximately
USD615)*
5% of the amount due for each full or part month late, but not more than 30%,
and not less than RUB1,000 (approximately USD15)*
RUB10,000 (approximately USD154)*
If committed in several tax periods: RUB30,000 (approximately USD461)*
If this has resulted in understatement of the tax base: then 20% of the amount of
tax underpaid (if any), but not less than RUB40,000 (approximately USD615)*
20% of the tax underpaid as a result of the understatement of the taxable base or
illegal actions.
40% of the tax underpaid if the tax underpayment was deliberate.
20% of the tax not withheld and not paid by the tax agent.
In the above cases, if a taxpayer corrects the errors
themselves and pays the additional taxes and late
payment interest payable, fines for erroneous
bookkeeping and tax calculation should not be assessed.
Normally late payment interest is charged at 1/300th of
the refinancing rate of the Central Bank of the Russian
Federation (11% as of 22 April 2016) for each day the tax
payment was delayed. At present, the interest would be
0.0366% per day.
Fines based on the Administrative Code
Type of infringement
Violation of the terms of
registration with the tax
authorities
Violation of the terms for
submission of tax returns
Non-submission of essential
information for tax control
purposes
Fine
RUB500-RUB1,000 (from USD8 to USD15) for missing registration deadlines;
RUB2,000-RUB3,000 (from USD31 to USD46), if the activity is executed without
registration.
RUB300-RUB500 (from USD5 to USD8), or a warning.
For individuals: RUB100-RUB300 (from USD1.5 to USD5),
For company executives: RUB300-RUB500 (from USD5 to USD8) for the non-
submission of information, or submission of information that was incomplete for
completion of the necessary tax control purposes.
*
Actual exchange rate of the Central Bank of the Russian Federation as of 22 April 2015 (RUB61.2718: USD1)
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