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A new bill on reduction of tax audits term was tabled to State Duma

DATE: August 21, 2017 | AUTHOR: atlawyers

On 15 August a new bill was tabled to State Duma providing tax control alleviation measures: desk audits’ term shall be reduced to 1 month; scope of field audits shall be limited to review of new information only; simplification of procedures required for application of 0% VAT rate on exported goods; controlled transactions range shall be reduced by: introduction of 60 million rubles threshold for transactions with foreign affiliated enterprises; raising of the threshold from 1 to 3 billion rubles for domestic transactions.

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