Changes from January 1, 2021

In January, the Russians are waiting for legislative changes. Electronic workbooks, the introduction of progressive taxation ,the "IT maneuver" and the rejection of the unified imputed income tax, new prohibitions and innovations. About these and other changes in our digest.

In January, the Russians are waiting for legislative changes. Electronic workbooks, the introduction of progressive taxation ,the “IT maneuver” and the rejection of the unified imputed income tax, new prohibitions and innovations. About these and other changes in our digest.

Employment records will be kept in electronic form
Teleworking will be regulated
Inspections of legal entities and individual entrepreneurs can be carried out remotely
The personal income tax increases in case the individuals whose annual income is more than 5 million rubles
The unified imputed income tax for certain types of activities is excluded
The tax for IT companies will be reduced
Land tax and property tax of organizations will be based on their cadastral value — Federal Law No. 374-FZ of 23.11.2020
Excise taxes are increased to 20%
New state duties are being introduced
Licenses are converted to electronic form
Arbitration managers will be able to report remotely- the Government Decree of the Russian Federation of 11.06.2020 N 851; Order of the Ministry of Economic Development of the Russian Federation of 27.10.2020 N 709
Digital property are legalized
Novelties in currency regulation
Rural mortgage can be used by citizens planning to build on a land plot that is leased- the Government Decree of the Russian Federation of 27.10.2020 N 1748
Internal audit in PJSC will become mandatory — Federal Law No. 209-FZ of 19.07.2018
A one-stop system is being introduced for subjects of foreign economic activity