Translated material
The procedure for submitting financial statements by religious organizations has been simplified
In Russia, the procedure for submitting tax reports by religious organizations has been changed.
On April 2, 2014, the President of the Russian Federation signed Law No. 52-FZ "On amendments to parts one and two of the Tax Code of the Russian Federation and separate legislative acts of the Russian Federation”. The amendments concern, in particular, religious organizations.
From now on religious organizations, “ whose reporting (tax) periods of the calendar year, there was no obligation to pay taxes and fees " are obliged to submit to the tax authorities the annual accounting (financial) reporting.
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