Fin Min says govt can extend list of firms for tax monitoring

MOSCOW, Oct 9 (PRIME) -- The Russian Finance Ministry plans to extend the criteria for allowing companies to use the tax monitoring form of control, Finance Minister Anton Siluanov said at a meeting with the Russian Union of Industrialists and Entrepreneurs on Wednesday.

“We offer a service which exists now to åðó companies that are large, which open their data to the tax service, participate in the tax monitoring service, we offer to extend the list of such companies,” he said.

Tax monitoring is a form of control opening access to the accounting and tax reports, and systems of corporate control for the tax service. The service is available to the companies with assets and sales of at least 3 billion rubles per year and taxes paid per year of at least 300 million rubles.

(64.8672 rubles – U.S. $1)

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