ARTICLE
5 February 1997

Profits Tax / Monthly Payments

P
PricewaterhouseCoopers

Contributor

PricewaterhouseCoopers
Russian Federation Accounting and Audit
(Tax News Reporter - Week Ended 4 February 1997)

According to a so far unpublished telegram of the State Tax Service, taxpayers who wish to use the option to pay profits tax on a monthly basis (see Tax Alert 2/97) must inform their tax inspectorate before 10 February 1997. As we have not seen the telegram, we cannot say whether this deadline applies if taxpayers want to start using the option this month already, or whether the notification would determine the order of paying profits tax for whole 1997 tax year.

Telegram of the State Tax Service of 27 January No. VK-6-02/76

For further information contact Bauke van der Meer on tel: +7 503 232 5511 fax: +7 503 232 5522 or e-mail directly: Bauke_van_der_Meer@ru.coopers.com or enter a text search 'Coopers & Lybrand' and 'Business Monitor'

The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.

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