Changes in Reporting Rules for Controlled Transactions Starting from 2025
Starting from 2025, significant changes have been introduced in the reporting rules for controlled transactions. Although the main provisions of the legislation remain unchanged, the tax authorities have approved a new notification form, which came into effect on January 28, 2025.
The format for submitting and filling out this document has also been updated.
These changes aim to enhance transparency and strengthen control over operations related to the movement of goods.
New Sections in the Notification
The updated notification form includes new sections that require more detailed disclosure of information. Taxpayers must now provide details about:
- subsequent resale or prior purchase transactions,
- information on related services,
- data on the participants involved in such transactions.
These changes are designed to provide tax authorities with more comprehensive information about the supply chains of goods and related operations.
Adjustments to Existing Sections
Changes have also been made to the existing sections of the notification, for example:
- a new field has been added to specify the transaction type code.
- it is required to indicate whether the transaction falls into a specific category using numerical codes.
This allows tax authorities to classify transactions more accurately and analyze them in greater detail.
Main Objectives of the Changes
The primary goal of these changes is to provide tax authorities with more detailed information about controlled transactions, especially in the context of limited cooperation with foreign counterparts.
The new requirements primarily affect companies involved in foreign trade operations with goods included in a special list.
This includes oil and petroleum products, ferrous and non-ferrous metals, mineral fertilizers, precious metals, and gemstones. Taxpayers are now required to disclose not only data about the transaction itself but also information about prior purchases or subsequent resale of goods.
Liability for Non-Compliance:
- Failure to submit the notification within the specified timeframe or providing inaccurate data may result in a fine of 100,000 rubles.
- Additionally, sanctions may be imposed on company executives, such as the CEO.
This underscores the importance of complying with the new requirements and carefully preparing reports.
The changes in the reporting rules for controlled transactions starting from 2025 are aimed at increasing transparency and strengthening control over operations related to the movement of goods.
Companies should familiarize themselves with the new requirements in advance, adapt their accounting systems, and establish processes for collecting the necessary information.
Special attention should be paid to transactions involving goods subject to additional reporting criteria. Compliance with these requirements will help avoid fines and minimize risks associated with tax audits.
