Search

THE SUPREME COURT EXPLAINED IN WHICH CASE IT IS IMPOSSIBLE TO APPLY A REDUCED TAX RATE FOR CROSS-BORDER PAYMENT

... foreign companies when covering the interest of a domestic credit institution on subordinated loans of a foreign company in accordance with the agreement between Singapore and the Russian Federation on the avoidance of double taxation. In 2021, the Federal Tax Service for the largest taxpayers No. 9 conducted an audit of PJSC Ural Bank for Reconstruction and Development. During the audit, it turned out that between the Russian and the credit institution and the Singapore company XANGBO GLOBAL MARKETS ...

TAX AUTHORITIES WILL BANKRUPT PERM IT SPECIALISTS

... authorities (MI FTS No. 21) demanding that the Digital Wave company (D-Wave) be declared insolvent. The Court has not yet accepted the application for consideration (case no. A50-24436/2023). The amount of financial claims against Perm IT specialists from the Federal Tax Service is also not disclosed. The head of D-Wave, Mikhail Elin, told representatives of RBC Perm that he had not yet been informed about the claim by the time the information was published in the arbitration file. According to the CEO,...

NOVOSIBIRSK PASTA FACTORY ON THE VERGE OF BANKRUPTCY

The Federal Tax Service is trying to initiate the bankruptcy of the Novosibirsk Pasta Factory (NMF LLC). The arbitration of the region received an application from the Interregional Inspectorate of the Federal Tax Service No. 17 on the recognition of the ...

THE CYPRUS COMPANY OF THE EX-OWNERS OF THE "TRUST" WAS DECLARED BANKRUPT

On September 26, 2023, the Moscow arbitration court ruled on the insolvency of a foreign company Retail Chain Properties Ltd. The initiator of the bankruptcy of a company registered in Cyprus was the tax authorities (Interregional Inspectorate of the Federal Tax Service No. 47). The amount of claims specified in the register of creditors is 208 million rubles (case no. A40-112325/2023). The tax authorities filed a claim for insolvency with the court (the Arbitration Court of Moscow) on May 19,...

"BELEVSKY SWEETS" WILL BE BANKRUPTED BY THE TAX SERVICE

On September 12, the regional department of the tax service filed a claim for insolvency of the Belevsky Sweets company with the arbitration of the Tula region (case No. A68-11125/2023). The amount of claims from the Federal Tax Service has not yet been reported. The judicial act on the acceptance of the application of the tax authorities for consideration has not yet been adopted. The company has been operating in the Tula region since 2011. The company was formed ...

THE TAX AUTHORITIES WILL BANKRUPT YUZHSTAL IN THE ROSTOV REGION

On August 22, the Rostov arbitration received a claim for the insolvency of the Krasnosulinsk company Yuzhstal (case no. A53-30219/2023). The initiator of the bankruptcy of the Don enterprise was the tax authorities of the region (MI FTS No. 21 in the Rostov region). The application itself has not yet been accepted by the Arbitration Court of the Rostov region for consideration. The size of the company's debt obligations is also unknown. Yuzhstal is located in the Krasnosulinsky district of the...

THE MINISTRY OF FINANCE PROPOSED TO EXPAND THE MECHANISM OF TAX MONITORING

... planned to be made to the Tax Code of the Russian Federation. Today, more than 440 companies have joined the monitoring system, Kommersant writes. As the authors of the idea explain, the changes should additionally attract another 150 participants. The Federal Tax Service, in turn, emphasizes that the mechanism helps to understand the predictability of the fiscal burden, and also reduces the volume of required documents. Photo: Freepik

BUSINESS REPAID 19 BILLION OF TAX DEBTS DUE TO RESTRUCTURING

In six months of 2023, the business repaid 19 billion rubles of tax debts due to the restructuring procedure. This is reported by the press service of the Federal Tax Service (FTS). The results of the first half of this year are almost 1.5 times more than in the same period of 2022. In addition, for six months in the amount of over 41 billion rubles, amicable agreements were concluded and installments ...

OVERPAYMENTS ON A SINGLE TAX ACCOUNT CAN BE INHERITED

The Federal Tax Service (FTS) proposed to allow heirs to dispose of the positive balance on a Single tax Account. At the moment, it is almost impossible to apply for such an option. As it became known to Vedomosti, the relevant amendments to the Tax Code ...

THE SUPREME COURT CLARIFIED THE MANAGER'S OBLIGATION TO RESERVE THE DEBTOR'S FUNDS

The Federal Tax Service appealed to the court with a demand to recognize the actions of the bankruptcy trustee as illegal. According to the authorized body, the manager unjustifiably and hastily repaid other claims of creditors of the third stage the day ...

Sorted by relevance | Sort by date