1. Starting from May 29, 2023, the inspection will determine the allocation of sums of the unified tax payment based on the taxpayer’s total liability recorded on the unified tax account in the following sequence:

  • Underpayment of personal income tax (PIT) – from the earlier moment of its formation.
  • PIT – from the moment the obligation to transfer it by the tax agent arises.
  • Underpayment of other taxes, fees, and insurance contributions – from the earlier moment of its formation.
  • Other taxes, advances, fees, contributions – from the moment the obligation to pay (transfer) them arises.
  • Penalties.
  • Interest.
  • Fines.

2. The Federal Tax Service (FNS), in a letter dated June 7, 2023, No. ED-18-8/1444, stated that it considers it necessary to extend the special penalty calculation regime until January 1, 2024.

3. Starting from 2024, social deductions for personal income tax (PIT) will increase. The maximum amount of expenses eligible for a tax deduction for a child’s (ward’s) education will be increased to 110,000 rubles. The size of the tax deduction for self-education, medical services, purchase of medicines, fitness services, independent qualification assessment, as well as expenses under non-governmental pension provision contracts, voluntary pension insurance, voluntary life insurance (if such contracts are concluded for a period of at least five years), and/or payment of additional insurance contributions for funded pension – up to 150,000 rubles. The new maximum sizes of social deductions will apply when filing a declaration using Form 3-PIT for the year 2024 in 2025. When receiving deductions from an employer – during 2024.

4. The provision of disinfection services to ensure sanitary and epidemiological well-being of the population will require a license. The same applies to disinsection and deratization. The rule will come into effect on March 1, 2024. Those who provide such services as of this date and within six months from it must obtain a license no later than September 1, 2024. Business activities without a license will be prohibited from that day onwards.

5. The Ministry of Finance has submitted the draft order “Financial Statements” from the Federal Accounting Standards Board (FASB) for anti-corruption examination. The standard is expected to come into effect from 2025. The existing reporting forms will become invalid.

6. Starting from January 1, 2024, the Federal Law No. 166-FZ dated April 28, 2023 will come into effect, according to which the Russian Federation entities have the right to establish a reduced tax rate on profit transferred to the budgets of the Russian Federation entities concerning the profit received from activities related to the provision of rights to use the results of intellectual activity under a license agreement, of which exclusive rights belong to such taxpayers.

The following intellectual property objects will be subject to the benefit:

  • Computer programs, databases, and integrated circuit topologies registered with Rospatent.
  • Inventions, utility models, industrial designs certified by patents issued by Rospatent, international organizations (provided they are effective in the territory of the Russian Federation), or foreign national (regional) patent offices. The list of the latter will be determined by the government.
  • Plant varieties certified by patents of the Ministry of Agriculture.

Only Russian companies that own these intellectual property objects will be able to apply the benefit. They are required to keep separate records of income and expenses. The rate and additional conditions for its application will be determined by the regions.