• Service: Tax, International Executive Services, Global Compliance Management Services, International Tax
  • Type: Regulatory update
  • Date: 9/13/2013

Russia - New rules for tax audits, procedures 

September 13:  Recently enacted legislation includes new rules for tax audits and tax compliance in Russia. Among the changes in the new law (effective 24 August 2013) are provisions that provide for:
  • Repeal of the requirement for taxpayers to report to the Russian tax authorities with respect to taxpayer participation in certain entities (such as business partnerships and limited liability companies)
  • Electronic format requirements for tax declarations (calculations)
  • Tax calculations to be rounded off and calculated in amounts of whole rubles
  • Rules for entity registration as the “responsible member” of a consolidated group
  • Rules for registration of and issuance of work permits to foreign workers

Read a September 2013 report [PDF 97 KB] prepared by the KPMG member firm in Russia: Russian Legislative News (4 September 2013)

Pharma news for Russia

Effective 1 September 2013, the rates of customs duties are reduced with respect to particular pharmaceuticals from 10% to 7% and from 5% to 4%.

Guidance from the Russian tax authority provides that for “the most important medical technologies” whether manufactured domestically or abroad, value added tax (VAT) will not be imposed, provided that a registration certificate accompanies the equipment.

Read an August 2013 report prepared by the KPMG member firm in Russia: Pharma Bulletin,
Issue 7, 2013

©2014 KPMG LLP, a Delaware limited liability partnership and the U.S. member firm of the KPMG network of independent member firms affiliated with KPMG International Cooperative ("KPMG International"), a Swiss entity. All rights reserved.

The KPMG logo and name are trademarks of KPMG International.

KPMG International is a Swiss cooperative that serves as a coordinating entity for a network of independent member firms. KPMG International provides no audit or other client services. Such services are provided solely by member firms in their respective geographic areas. KPMG International and its member firms are legally distinct and separate entities. They are not and nothing contained herein shall be construed to place these entities in the relationship of parents, subsidiaries, agents, partners, or joint venturers. No member firm has any authority (actual, apparent, implied or otherwise) to obligate or bind KPMG International or any member firm in any manner whatsoever.

The information contained in herein is of a general nature and is not intended to address the circumstances of any particular individual or entity. Although we endeavor to provide accurate and timely information, there can be no guarantee that such information is accurate as of the date it is received or that it will continue to be accurate in the future. No one should act on such information without appropriate professional advice after a thorough examination of the particular situation.

Direct comments, including requests for subscriptions, to
For more information, contact KPMG's Federal Tax Legislative and Regulatory Services Group at:

+ 1 202 533 4366

1801 K Street NW
Washington, DC 20006.


Share this

Share this


Subscribe to receive the latest TaxNewsFlash email alerts (you must select the option for TaxNewsFlash)

Already a Subscriber? Login

Not a member? Subscribe now