7 MILLION ROUBLES SUCCESSFULLY

The head of a company applied to Petukhov and Partners MBA for legal assistance due to the fact that he was verbally demanded to the pay arrears of 27 million roubles during a business meeting with tax authority’s representatives. Tax inspectors referred to a letter of information from the Moscow Directorate of Federal Tax Service of Russia stating that the taxpayer has business relations with counterparties that fail to calculate VAT payable to the Budget and fail to submit tax reports to fiscal authorities as prescribed by law.

The Petukhov and Partners’ barristers analysed the information, accounting and tax registers, source accounting documentation received from the principal and organised representation of the principal’s interests in the territorial tax authority, as well as in the superior regional directorate of the Federal Tax Service of Russia. It was established that the tax amount to be surcharged in virtue of this letter was 20 million roubles and 7 million roubles were a potential fine for a tax offence.

During a business meeting at the territorial tax inspectorate, the active engagement of our barristers made it possible to elaborate a legal mechanism for the principal - tax authority interaction to fulfil tax obligations without paying a fine.

Party: K.I. Petukhov