On 8 October 2026, the Russian Ministry of Finance confirmed that an updated corporate profit tax declaration form will take effect from 1 January 2027. The revised form incorporates changes to reporting procedures for taxpayers with separate subdivisions, aiming to streamline data submission and improve tax administration efficiency. The amendment follows Order No. 121n dated 20 August 2026, which also adjusts accounting standard PBU 18/02 for deferred tax remeasurement.
Key Takeaways
- Mandatory Transition: All corporate profit taxpayers must adopt the new form for reporting periods starting after 31 December 2026, with early adoption not permitted.
- Separate Division Reporting: The form introduces modified data fields for organizations with branches, requiring consolidated yet detailed breakdowns of tax bases per subdivision.
- System Updates Required: Accounting software and ERP systems must be updated to accommodate the new form structure before the 2027 filing season.
Disclaimer: This article is compiled and summarized by the AI based on publicly available information and is for general information purposes only. It does not constitute any form of formal tax advice, legal opinion, or basis for performance. Please consult a qualified professional tax advisor or legal counsel for tax advice.
Source: Read Official Announcement