Taxpayers

Russian businesses and Non-Russian businesses that operate in the Russia through permanent establishments and (or) gaining income from sources located in the Russian Federation

Taxable object

• for Russian companies: income minus costs
• for permanent establishments: income minus costs
• for Non-Russian companies with income sources located in the Russian Federation: Income gained from sources located in Russia

Tax base

Income*

*Special rules may be applied

Reporting period

First, second and third quarters

Tax period

The calendar year

Tax rate

General rate is 20%

Advance payments

Advanced payments are made for each reporting period, as a rule, on a monthly basis. The taxpayer may also opt for reporting taxable income and making payments on the basis of its actual results on a monthly basis

Tax return

Filling return at the reporting period-end must be submitted to tax authority not later than 28 calendar days from the relevant reporting period-end. The annual tax return must be submitted to the tax authority not later than on 28th day of March of the year following the expired tax period