Russian President Vladimir Putin has signed a law allowing a criminal case for tax crimes to be closed if debts, penalties and fines are fully paid. The relevant document is officially published. web portal legal information.
The same law also amends the Russian Criminal Code, aimed at easing liability for certain crimes related to tax evasion and other payments. Penalties of up to five years instead of six can now be sought for such offenses.
In addition, the maximum prison sentence was reduced from seven to five years for concealing the organization’s funds and not paying taxes, and for the organization’s avoidance of paying insurance premiums for compulsory social insurance – from four years to three years.
The law will take effect in 10 days.
It was previously reported that Putin. signed law on the procedure for payment of insurance to the army in the case.
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