From January 1, 2024, Russian companies will have to submit a report using a new form when paying income to foreign companies

On January 1, 2024, Order of the Federal Tax Service No. ED-7−3/675@ dated September 26, 2023, On approval of the tax calculation form for the amounts of income paid to foreign organizations and the amounts of taxes withheld, the procedure for filling it out, and the presentation format comes into force in electronic form.
Russian companies and permanent establishment offices that pay income to foreign recipients and act as tax agents for withholding tax reports to the Federal Tax Service using a special reporting form.

The new form of tax report on the income paid to foreign organizations and taxes withheld will be applied, starting with reporting for 2023.

The form has been supplemented with two new sections: information on paid income not subject to taxation (except for the sale of goods), and information on paid income from the sale of goods.

Thus, starting with reporting for 2023, it will be necessary to submit a report on payments to foreigners for goods supplied and other non-taxable income paid. All payments will be presented in one document submitted to the Tax authorities.

You must report for the 12 months of 2023 using the new form by March 25, 2024.