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Putin Backs Deal For Repentant Tax Delinquents

By Tatiana Smolenska, Tax- News.com, Moscow

26 June 2014


Russia's President, Vladimir Putin, has signalled his approval of a plan that will allow tax delinquents to avoid prosecution if they agree to pay what they owe.

Putin was told about the idea during a meeting with Mikhail Mishustin, who heads the Russian Federal Tax Service. The President asked Mishustin about a move to allow the Investigative Committee – a law enforcement agency created in 2007 – to investigate tax cases independently of the Tax Service, observing that taxpayers had raised concerns about possible abuses.

Mishustin said that the Tax Service had held meetings with business groups and with the Investigative Committee. He explained that the Tax Service and the Investigative Committee had agreed on harmonizing the procedures of the Criminal Code and the Tax Code, and on collaborative enforcement actions.

However, Mishustin also suggested that it should be possible for investigators to decide not to prosecute if a tax evader agrees to settle back taxes. He argued that allowing tax evaders to "repent" would send a clear signal to businesses that if they follow the Tax Code they will be able to avoid prosecution.

Putin instructed Mishustin to develop the proposal, and said that that the State Duma would be asked to support it.

TAGS: Russia | tax | business | law | enforcement | tax authority | Tax | Tax Evasion

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