On 4 April 2023, the Russian government has proposed a draft law to move the deadline for the mandatory single tax payment from the 28th day of the month to the 25th day. The objective of this proposal is to prevent cash gaps in regional and municipal budgets. Currently, taxes and fees for legal entities and individual entrepreneurs must be paid by the 28th day of each month, with any early payments accumulating in a single tax account. However, in certain months of the year, such as February, April, May, July, October, and December, the 28th day falls on a weekend or a day off, causing a delay in tax revenues being credited to regional or municipal budgets. To address this issue, the proposed amendment aims to change the payment deadline to the 25th day of each month. The draft law, identified as No. 329159-8.
Related Posts

China and Russia sign IPA
China and Russia signed an investment protection agreement (IPA) in Moscow on 8 May 2025. Investment Promotion Agreements (IPAs) are designed to protect investors by requiring national governments to minimize risks such as currency controls,
Read More
Russia suspends late filing VAT return filing penalties for business using simplified tax regime
Russia, on 25 April 2025, temporarily suspended penalties for late VAT return submissions in 2025 for businesses using the simplified tax regime who, from 2025, are required to calculate and pay VAT. Taxpayers using the simplified taxation system
Read More
Malaysia ratifies new income tax treaty with Russia
Malaysia has completed the ratification of the new 2024 Malaysia - Russia Income Tax Treaty (2024) through the publication of the Double Taxation Relief (The Government of The Russian Federation) Order 2025 in the Official Gazette PU (A) 112 of 28
Read More
Russia: FTS confirms VAT on leased crypto mining equipment is non-deductible
Russia’s Federal Tax Service (FTS) clarified that VAT on leased crypto mining equipment is not deductible on 9 April 2025. The tax authority explained that since digital currency mining is not a VAT-taxable activity, input VAT included in lease
Read More
Russia proposes 10% windfall tax on large profits for 2024–2025
The Russian State Duma is reviewing a draft law that would impose a windfall tax on banks and major energy companies, including those involved in hydrocarbon extraction, petroleum refining, and the production and export of liquefied natural gas
Read More
UAE: Cabinet of Ministers approves tax treaty with Russia
The UAE Cabinet of Ministers approved the income and capital tax treaty with Russia on 14 April 2025. Earlier, representatives from Russia and the UAE have signed a new income and capital tax treaty on 17 February 2025. The treaty will come
Read More