The government supported simplification of return of overpaid taxes

© Fotolia / Bacho FotoДевушка cuts of plastic card. Archival photoThe government supported simplification of return of overpaid taxes© Fotolia / Bacho Foto

The Russian government has supported a bill aimed at simplifying the procedure of refund of overpaid taxes, according to the website of the Cabinet of Ministers.

You have a lot of debt?

  • No, always pay on time
  • Yes, not enough money for regular payments
  • I do not take credit

Results

  • 34.7%

    No, always pay on time

  • 14.7%

    Yes, not enough money for regular payments

  • 50.6%

    I do not take credit

All prosegregation preclude judicial procedure of return of overpaid amounts of taxes, fees, insurance contributions, fines or penalties. Instead of the provisions entitling the taxpayer to file a claim for refund in the court for three years and the total period of limitation, it is proposed to increase the period for filing the taxpayer’s application for refund of overpaid tax from one month to three years.

Under the bill, the application for refund of overpaid tax may be filed by the taxpayer to the tax authority within three years from the date when the taxpayer became aware of the over recovery of tax. In the case that established the fact of excessive tax collection, on the basis of this application the tax authority decides on the refund of overpaid tax and accrued interest on this amount. These provisions will also apply with respect to fees, insurance premiums, fines and penalties.

It is noted that the draft law is aimed at simplification of procedure of return of overpaid sums of taxes, gathering, insurance payments, fines or penalties, and reduce litigation.

«The Russian government supports the bill», — stated in the message.

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