The Russian Ministry of Finance intends to close the loophole through which citizens receive a fixed income, but do not pay taxes on it, and disguise it as transfers from individuals. The agency proposed requiring the central bank to transfer to the tax service information on citizens whose account transactions show signs of systematically receiving income from individuals.
After receiving this information, the tax authorities will be able to request account statements of such citizens from the banks. As of today, extracts can only be requested when collecting debts, tax audits or requesting documents. At the same time, the Ministry of Finance does not define the criteria for generating income systematically. The characteristics of such operations, the form, format and frequency of transfer shall be determined in a separate agreement between the Central Bank and the Federal Tax Service.
Amendments are being made to Section 85 of the Tax Code, which regulates the obligation of government agencies to report accounting information to the Federal Tax Service. Amendments were proposed for the second reading of the bill N617-9 (budget package) in the State Duma. If the amendments are adopted, the norm will enter into force on January 1, 2027 and will apply to transactions made after January 1, 2026.