In the coming years, the Finance Ministry will pay special attention to payroll taxes

9 July 2018, Monday

The collection of payroll taxes and reduction of the shadow sector in the coming years will be in the area of special attention of the Ministry of Finance, said the project «the Basic directions budgetary, tax and customs tariff policy in 2019 and the planning period of 2020 and 2021 years».

«Special attention will be paid to improve the collection of payroll taxes, as well as the creation of a unified information environment of tax and customs authorities-including a single mechanism through control at all stages of the turnover of imported goods subject to traceability», — stated in the material.

As stated in the document, due to the transfer of the functions of collection of insurance contributions to the Federal tax service (FTS) of the General administrative burden on taxpayers has declined as the number of regulatory bodies and reporting became less. In turn, improving tax collection helps to eliminate unequal conditions of competition and promotes the redistribution of resources in favor of efficient owners and managers from unscrupulous employers.

«In 2019-2021 years it is planned to continue implementation of complex of measures on improving administration of revenues of the budget system, including by further digitization of tax administration and integration of all information sources and data streams into a single information space with further automation of its analysis on the basis of introduction of modern technologies of processing of large arrays», — emphasized in the project.

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