Real-time tax data and other advances are enhancing transparency between taxpayers and tax authorities. Learn more in this video series.
In this video series, Russian Tax Commissioner Mikhail Mishustin, the current chair of the Organisation for Economic Co-operation and Development (OECD) Forum on Tax Administration’s E-services and Digital Delivery Programme, describes how a focus on transparency and certainty are transforming tax administration in Russia, particularly around VAT.
1. Increasing VAT compliance
Now operational for three years, the Russian Federation’s updated VAT transaction system offers a more complete and transparent view of tax data. The system has created an environment of tax compliance, rather than tax evasion, reducing the so-called VAT gap from 10-11% to less than 1%.