Tax authorities are interested in reducing labor costs and increasing the efficiency of tax audits. One of the tools to achieve these goals is tax monitoring - the most modern form of tax control, which has been applied since 2016.

To improve the efficiency of tax control, both current and potential participants of tax monitoring need to be ready to improve their own information systems and accounting processes for practical implementation of new initiatives of the Federal Tax Service of Russia. 

The Tax Policy and Practice magazine published an article where Tax Compliance experts talk about the prospects for further development of monitoring.

The full text of the article can be found here.