What is the procedure for a taxpayer who receives a notification from the Federal Tax Service about discrepancies in the submitted declaration, and what penalties are imposed for late submission of explanations or corrections?
If the Federal Tax Service has sent you a notification about discrepancies in your declaration, here's what you should do:
1. Carefully review the notification. It usually specifies the specific discrepancies, such as amounts, details, or other information.
2. Prepare explanations or corrections. If there is indeed an error, submit a correction declaration or update the data through your personal account or electronic data transfer operator. If you believe that the Federal Tax Service has made a mistake, provide supporting documents.
3. Follow the deadlines. You usually have 5 business days to respond. Don't delay, as it could lead to complications.
4. Keep an eye on the notifications. Once you've submitted the explanations or corrections, make sure that the Federal Tax Service has accepted them and the issue has been resolved.
What happens if you don't respond in time?
- You may be subject to a fine for failing to provide the explanations or corrections on time (a fine of 5,000 rubles, or 20,000 rubles for a second violation).
- Your account may be blocked if the issue remains unresolved.
- The Federal Tax Service may impose additional taxes, penalties, and even initiate a tax audit.
It's best not to ignore such notifications and respond promptly. It's in your best interest!