Russia (RU)

Jurisdiction Overview

IDQuestionAnswer
188 *Is there an obligation to keep accounting data? Yes
 Data Date: 2013

Notes

 
The Global Forum reports that accounting records are required. In 2012 it wasn't clear if this also fully applies to taxpayers who are under the Simplified Taxation System (STS): "For STS taxpayers who elect to apply the 'income only' basis to determine their tax base, there is only a clear requirement to keep tax records in respect of income. Only those STS taxpayers who elect not to deduct expenses would fall within this group." (GF 2012: 43). However, in 2014, the Global Forum reported that "as of 1 January 2013 the 2013 Law on accounting took effect and STS as such are no longer exempted from bookkeeping requirements in line with the Law on Accounting." (GF 2014: 67).

Sources

https://www2.deloitte.com/content/dam/Deloitte/global/Documents/Tax/dttl-tax-russiahighlights-2019.pdf
 
GF 2014: 66-67; GF 2012: 41-43