The Russian Federal Tax Service has urged individuals to file annual notifications on controlled foreign companies (CFCs), including required supporting documents for exemptions or profit verification. Late submissions may incur a RUB 500,000 penalty.
The Russian Federal Tax Service has issued a reminder that individuals are required to submit the annual notification on controlled foreign companies (CFCs) for the 2025 tax year by 30 April 2026. This obligation applies regardless of the financial performance of the foreign companies.
Where exemptions from taxation of a CFC’s profits exist, individuals must submit supporting documents confirming compliance with the relevant conditions by the same deadline. An exemption applies to CFCs established under the legislation of a member state of the Eurasian Economic Union (EAEU) that maintain a permanent presence within that state.
If no exemption applies, documents verifying the CFC’s profit or loss must be submitted alongside the notification. This requirement holds even if the CFC’s profit does not meet the threshold set out in paragraph 7 of Article 25.15 of the Russian Tax Code, and regardless of whether tax is due on the CFC’s profit.
Failure to submit a CFC notification by the deadline may result in a penalty of RUB 500,000.
The form, format, and electronic submission procedure are governed by Russian Federal Tax Service Order No. ЕД-7-13/671@ dated 19 July 2021.
Earlier, Russia reminded organisations that the deadline to submit notifications on controlled foreign companies (CFCs) for 2025 expires on 20 March 2026.
