Ministry of Finance clarified which opinions issued by tax authorities are relevant for waiver of tax penalties
On 2 May 2007, the Ministry of Finance clarified the practice relating to the opinions issued by the tax authorities. Currently, it is not possible to apply for binding advance rulings in Russia. However, when taxpayers act in line with the tax authority's written opinions signed by an authorized person, they are not subject to tax penalties. Taking into consideration the internal …
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