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Business Duty Officer

Russian tax authorities 1 August may share tax secrets

Russian tax authorities 1 August may share tax secrets

Russian tax authorities 1 August received the right to transfer information about the taxpayer to third parties, constituting a tax secret, having previously obtained his consent. Moreover, a conscientious business may well be interested in disclosing this data., told RIA Novosti the head of the Expert Center for Criminal Law Policy and the Execution of Judicial Acts “Business Russia” Ekaterina Avdeeva.

“From today, if the company agrees to disclose information, constituting a tax secret, then third parties, upon request, will be able to obtain information from the tax authority, which will help confirm the feasibility of the financial and economic activities of the company”, - said Avdeeva.

“This change is conceptually aimed at the benefit of taxpayers and will allow them to check the integrity of their counterparties by sending a request.”, - added expert. At the same time, she emphasized, that this initiative does not establish obligations to disclose information of this kind, - the taxpayer has the right to choose to disclose data.

“Innovation is not “magic pill”, but it can definitely play a plus for honest taxpayers”, - said Avdeeva.

She reminded, that one of the main reasons for additional taxes in Russia is interaction with unscrupulous contractors, including for the purpose of aggressive tax optimization. “Even the largest taxpayers in Russia, with tax compliance services, often receive additional taxes due to the dishonesty of someone from the supply chain”, she noted. And it can be difficult to check a partner without access to data.

The expert found it difficult to unequivocally assess, how this norm will affect the life of all companies - according to her, this can be done after a year, when the relevant arbitration practice is formed.
She recognized, that taxpayers, consent to the transfer of information about themselves, can use it as a “trump”, and the tax authorities - to evaluate these processes. “But it is precisely on practical examples when analyzing court decisions that it will be possible to conclude, in what concrete way will this affect taxpayers in the Russian Federation”, the expert concluded.

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