The Federal Tax Service reported difficulties in exchanging tax information with a number of friendly countries

The exchange of tax information between the Russian Federal Tax Service (FTS) and the fiscal departments of a number of countries is currently difficult, said Alexandra Kadet, head of the transfer pricing department of the Federal Tax Service. Several states, and not from the list of “unfriendly”, without warning, stopped responding to relevant requests from the Russian Federation.

“We do have a set of countries, and basically these are European countries, with which the exchange is significantly difficult. But there are surprises, frankly: if you take a list of unfriendly countries and decide that there is no exchange with all of them, then no, it is not. There are a significant number of countries that are on this list, but there is an exchange with them. And vice versa: there are countries that seem to be friendly, but for some reason were silent for some period,” Ms. Cadet said at the conference “Tax Environment 2023. Aspects of Financial Sustainability” (quoted from RBC).

For departments from states with which exchanges have been suspended, the “position unknown” parameter is now used in the official document flow of the Federal Tax Service. If the state has not publicly announced the suspension of the procedure, chances remain that “tomorrow they can respond to all requests, there is also a certain time lag,” summed up Ms. Cadet.

The United Kingdom, Germany, the United States and Switzerland have publicly announced the suspension of the exchange of tax information with the Russian Federation by May 2023.

What does the termination of the transfer of tax information mean on the example of Switzerland – in the material “Kommersant FM” “Data cannot be exchanged”.

Grigory Leiba