Plan Your Filings in Advance
We are glad to propose our services aimed at simplifying the process of filing tax declarations. The main issues associated with this process are described below.
While most taxpayers do not need to file tax returns in Russia, some categories of taxpayers do have to file tax return forms annually (art. 229 of Tax Code). Russian and foreign citizens who are Russian tax residents, in certain cases have to file a tax return to report income received from all sources. Non-residents have to report income received from sources located in Russia. A person can be considered a tax resident if he resided in Russia for at least 183 days during last 12 calendar months.
The deadline to file tax returns for income earned in 2014 is April 30, 2015. Tax returns can be filed personally or by a power of attorney. In Moscow foreign citizens have to file tax returns with Tax Inspectorate Number 47.
The following persons are obligated to file tax returns (art. 228, 227 of the Tax Code):
- Russian tax residents who received income from sources located abroad (including dividends and interest on securities as well as security payments).
- Persons whose income was received from non-tax agent sources, such as landlords collecting rent or from the sale of property. As an example, tenants are not obligated to withhold taxes on behalf of their landlord and pay those amounts to the tax office;
- Other individuals who received income or gain from non-tax agents;
- Individual entrepreneurs;
- Private practitioners.
Employees who receive income solely from persons who are so-called tax agents (registered employers) are not obligated to file a tax return. They may file tax returns at their own discretion if they want to claim the following types of deductions:
- Charitable deductions;
- Education expenses;
- Medical expenses;
- Expenses connected with construction and/or purchase of the taxpayers’ residential premises;
N.B.: A taxpayer may obtain a tax refund in connection with a change of the applicable tax rate from 30% to 13% in accordance with the acquired status of a tax resident of Russia during 2014, by filing with the tax office a tax return as well as documents confirming the tax residency by April 30, 2015 (art. 231 of the Tax Code).
We are pleased to offer our advisory services in complying with these requirements, including the drafting and filing of all the required documents. You can read more about our tax compliance services here.
If you have any questions or need additional information, please contact our office.
We look forward to the opportunity to cooperate with you further.
- +7 495 225 30 38 Moscow
- +7 812 244 75 49 Saint Petersburg
- +7 4822 63 00 62 Tver