Taxation in Russia

The deadline for the filing of income tax returns for 2022 has been extended to July 31, following a decision by the Deputy Minister for Taxation Policy and Public Property Apostolos Vesyropoulos.

Moreover, the payment deadline for the first tax instalment remains July 31.

The Finance Ministry and the tax administration are looking for solutions so that professionals stop hiding their actual incomes - i.e. taxable material - through fictitious expenses. 

At least 11 people have been detained in relation to the murder of a high-profile lawyer by armed assailants in Istanbul.

Şafak Mahmutyazıcıoğlu, a 42-year-old lawyer, was shot dead on Jan. 26 following a fight that broke out at a restaurant.

Turkey's retail sales volume with constant prices picked up 12.3 percent year-on-year in July, according to official figures released on Sept. 13.

The reduction in state revenues combined with the expired dues created by households and enterprises in January and February point to a negative course for this year's budget, although April tax takings did not fare as poorly as feared.

The discount of 25 percent for professionals' future tax obligations will only be activated after the payment of their value-added tax dues for the first quarter of the year by April 30.

Athens and the broader metropolitan area are set to see an increase in the property rates used for tax purposes, known as "objective values," according to the provisional figures collected by property surveyors for the Finance Ministry.

Prime Minister Kyriakos Mitsotakis underlined the government's determination to lower the tax burden in Greece, telling a conference on the "The Future of Retail" organized by the Hellenic Confederation of Commerce and Entrepreneurship (ESEE) that his first priority will be to "end the unacceptable tax siege" on individuals and business especially.

The Russian Parliament approved the proposal by the President of Russia to appoint the current head of the Federal Taxation Service Mikhail Mishustin as prime minister.

383 deputies voted in favour, no one voted against and 41 deputies abstained.

The new property rates used for tax purposes, known as objective values, that will apply from June 2020, will be used to determine the level of the reduction of the Single Property Tax (ENFIA) for each property separately.