Updating the rules on tax fees
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In the second
quarter of 2023, the Supreme and Constitutional Courts of the Russian
Federation adopted new resolutions in the areas of payment of corporate income
taxes in bankruptcy. New laws and updates were posted on the official website
of the Federal Tax Service of Russia. Some of them will come into force this
fall.
Now the income
from property sold at auction will also be included in the corporate income
tax, if we are talking about bankruptcy proceedings. This is due to the fact
that the existing Bankruptcy Law has the opposite position from the
constitutional one. Now the changes will be satisfied as part of the third
queue of creditors. Also, the recoverer will now have the right to
independently send a request for reimbursement of funds.
When the tax base is determined, the expenses
of enterprises that meet the requirements of the taxpayer cannot be accounted as
at a loss. We are talking about profits in the implementation
of entrepreneurial activities and ensuring the production process.
The taxpayer
will be entitled to a refund if he has paid more than the required amount of
tax. In this case, he will have three years to file a lawsuit.
The post Updating the rules on tax fees appeared first on Valen.
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