A record number of cases for violation of currency legislation have been brought in Russia
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- A record number of cases for violation of currency legislation have been brought in Russia
The number of currency violations is increasing in Russia. From January to September 2024, 91 thousand such cases were initiated, according to the report "Efficiency of the work of the Federal Tax Service" (Izvestia has it). This is a record at least since 2017.
A significant number of violations are related to the late submission to the tax authorities of notifications on the opening of foreign accounts by Russian legal entities and individuals, as well as reports on the movement of funds, the Federal Tax Service told Izvestia.
In addition, problems related to the return of foreign currency earnings also have an impact. In order to keep the possibility to pay for imports, some companies try to leave it in foreign banks, hoping that they will pay for purchases in the same period. But as a result, there are violations in the registration of export transactions, said Darya Dinets, Head of the Department of Finance and Credit, Faculty of Economics, PFUR.
As for individuals (we are talking about exporting abroad more than $10 thousand in cash), most often people just do not know that you can not do it, said Associate Professor of Taxes and Tax Administration Department, Faculty of Taxes, Audit and Business Analysis, Finuniversity Anastasia Knyazeva.
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