Federal Security Service and Federal Tax Service carry out searches in agroholdings in 13 Russia’s regions

Federal Security Service and Federal Tax Service carry out searches in agroholdings in 13 Russia’s regions

These measures are tied to a possible evasion of the payment of taxes and unimplemented agreement reached on signature of the charter in the field of rotation of agricultural products.

Representatives of the Federal Tax Service and the Federal Security Service have carried out searches in agroholdings in 13 Russia’s regions, reports Interfax with reference to its sources.

According to the sources, inspection and seizure of documents are being carried out in Moscow, St.Petersburg and the regions of Moscow, Leningrad, Penza, Voronezh, Tambov, Saratov, Sverdlovsk, Chelyabinsk, Belgorod, Lipetsk, as well as in the Republic of Mordovia.

These measures are tied to a possible evasion of the payment of taxes and unimplemented agreement reached on signature of the charter in the field of rotation of agricultural products.

The charter in the field of rotation of agricultural products was signed by major manufacturers and exporters of grain in 2018. It’s aim is that all participants of the rotation of agricultural products would honestly pay taxes and all sales would be carried out transparently and exclude a many stage process of resale of products, as well as shaping of intolerant attitude to companies that do not pay taxes.

Some of the manufacturers of agricultural products pay the so-called fixed tax on agricultural products that does not imply a value added tax. Others pay the value added tax at the rate of 10 per cent. This tax returns if it’s about export operations. Due to this fact, its non-payers resort to various schemes of getting these funds - in most cases, they draw multiple intermediaries. According to the National Association of agricultural products exporters, the losses from the budget from these actions are estimated at 65 billion rubles ($988 million) annually. Due to this fact, it was necessary to sign the charter.

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