Metalloinvest, a leading manufacturer and supplier of iron ore products and hot briquetted iron in the world market, one of the regional producers of high-quality steel, announces the transition of JSC Lebedinsky GOK to tax monitoring from 2020.
"The plant is the first of Metalloinvest's enterprises to switch to tax monitoring," commented Elena Shakhova, Chief Accountant of Metalloinvest Management Company. - This is an advanced format of interaction that allows you to minimize the risks and costs associated with tax control. The transition to tax monitoring is a natural step for our company - a responsible taxpayer conducting transparent business. ”
Lebedinsky GOK is one of the largest taxpayers in the Belgorod region, in 2018 the enterprise transferred more than 21.4 billion rubles to the budgets of all levels. rubles of taxes and fees.
Tax monitoring is a form of control that the Federal Tax Service has been implementing since 2016 in order to improve the business activities of the largest taxpayers. It provides for online access of FTS specialists to the accounting and tax reporting of the enterprise. The main advantages of monitoring for the taxpayer are the almost complete absence of field and office audits; reduction of the maximum period of tax control; reduction of tax risks due to the prompt coordination of methodological positions with the Federal Tax Service.
The project to prepare for the transition to tax monitoring was implemented by a team of specialists from Lebedinsky GOK, Metalloinvest Management Company, Metalloinvest Corporate Service LLC, which was assigned the functions of accounting and tax accounting of Metalloinvest enterprises, as well as external consultants - PricewaterhouseCoopers Consulting LLC.
For online interaction of Lebedinsky GOK with the tax authorities, a Data Showcase was launched, developed and designed by JSA Group (a subsidiary of Metalloinvest, is managed by IKS Holding ").
The work on the project is going on in close cooperation with representatives of the Federal Tax Service of Russia and the Ministry of the Federal Tax Service No. 5 for the largest taxpayers. Meetings are held in order to get acquainted with the business structure of Lebedinsky GOK, the organization of accounting and control functions, as well as discussion of issues related to the implementation of the project.