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Financial Documents In A Foreign Language

 21.07.08
Recently, a businessman filed receipts in a foreign language and the Tax Inspection refused to accept and examine the receipts, explaining that the taxpayer did not submit translations for the documents. Indeed, according to regulations pertaining to accounting records, primary financial documents in a foreign language must be accompanied by a line-by-line translation into Russian.
However, the taxpayer contended that tax authority did not request translations for the documents; therefore tax inspection has no grounds for refusal to accept submitted documents. The court agreed with the taxpayer’s reasoning and pointed out the lack of translations was a technicality, and not grounds for refusing to process the documents. (Resolution of the Federal Arbitration Court of the Far Eastern Federal District # Ф03-А73/08-2/1140 of June 4, 2008).
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| Source: Российский налоговый портал |  |

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