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For the purpose of tax control tax payers shall be subject to registration respectively with tax agencies at the location of the organization and at the location of its separate subdivisions, at the place of residence of an individual and likewise at the location of their real estate and transport that are subject to registration. A company or an individual entrepreneur conducting commercial activity without tax registration shall be subject to a fine that is worth 10% of business revenues received during a specified period and can not be lower than RUR 20,000. A company or an individual proprietor conducting commercial activity without tax registration for more than three months shall be subject to a fine that would be worth 20% of business revenues received during the period of working without tax registration exceeding 90 days. Tax registration for large tax payers has certain peculiarities. It relates to Russian35 and 36 foreign organizations and taxpayers working under product sharing agreement37. While registering with tax authorities a newly established legal entity or an individual registered as an individual proprietor shall be assigned a taxpayer's identification number (INN) and respective registration reason code (KPP) to a new legal or physical entity. The Scheme of State Registration as an Individual Proprietor

35

See Particularities of large taxpayers’ registration established by the Order of the Ministry of Finance of the RF of 11.07.2005 No. 85n. 36 See the Order of the RF Ministry of Taxation of 07.04.2000 No. A П -3-06/124 “On Approval of the Regulation on Peculiarities of Tax Registration of Foreign Organizations” and the RF Ministry of Taxation Order of 28.07.2003 No. БГ -3-09/426. 37 See Chapter 26.4 of the Tax Code of the RF. 70

Business.support.structure.in.St.Petersburg  

1. STATE AND MUNICIPAL AUTHORITIES IN ST. PETERSBURG In St. Petersburg the system of state authorities was formed which has statutory object...