Federal Tax Service and foreign accounts: who must report by June 1
An individual who is a tax resident of the Russian Federation must, by June 1, submit to the Federal Tax Service a report on the movement of funds in their accounts and deposits at banks outside the Russian Federation, as well as in accounts with foreign payment service providers and in foreign electronic wallets. This is a currency-control obligation; it is not connected with paying tax and exists even if there were no transactions on the account.
The report is filed for the previous calendar year. For the 2025 report, the deadline is June 1, 2026. Filing is through the taxpayer’s personal account on the Federal Tax Service website or on paper through the tax inspectorate at the place of registration.
Below: who is covered, which accounts to include, the required form, and what fines apply for non-filing or missing the deadline.
In brief
- The report is filed by tax residents of the Russian Federation — individuals who are in Russia for at least 183 days in a calendar year.
- The deadline is June 1 of the year following the reporting year.
- Included: accounts and deposits in foreign banks, accounts with foreign payment service providers, and electronic wallets outside the Russian Federation.
- The form is approved by Russian Government Resolution No. 1365 for individuals.
- The fine for non-filing is under Article 15.25 of the Code of Administrative Offences of the Russian Federation; the range depends on the type of violation.
- Filing is through the personal account at nalog.gov.ru or on paper.
What this report is: how it works
The obligation is established by the federal law “On Currency Regulation and Currency Control” (173-FZ). Russian Government Resolution No. 1365 approves the form and procedure for submitting the report by resident individuals. The Federal Tax Service publishes explanations in the “Foreign accounts and deposits” section on nalog.gov.ru.
Who must file
Individuals who are tax residents of the Russian Federation and who, during the reporting year, had accounts or deposits opened in banks outside the Russian Federation, accounts with foreign payment service providers, or electronic wallets abroad. Resident status is determined under the 183-day rule for presence in Russia.
When the report is not filed
There is an exception for resident individuals who, in the reporting year, were outside the Russian Federation for more than 183 days in total, meaning they are not tax residents. Such persons do not submit the report for that year. They also do not report accounts opened in banks located in member states of the EAEU or in states that carry out automatic exchange of financial information, provided a number of turnover amount conditions are met; the details are in the procedure itself.
What is included in the report
For each account, the following are stated: bank details (name, country, SWIFT/BIC), account number, currency, balance at the beginning and end of the reporting period, and total credits and debits for the period. For electronic wallets, similar data is provided about the payment organization and movement of funds.
How to file
The simplest method is the taxpayer’s personal account on the Federal Tax Service website. In the “Disposal of property” or “Life situations” section, there is a form called “Report on the movement of funds in accounts at banks outside the Russian Federation.” Alternatives are paper filing with the inspectorate at the place of registration or by post with an inventory of enclosures.
Deadlines and sanctions — what to watch for
| Situation | What is provided for | Rule |
|---|---|---|
| Report filing deadline | By June 1 of the year following the reporting year | Russian Government Resolution No. 1365 |
| Missed filing deadline by up to 10 days | Fine of 300–500 ₽ | Part 6 of Article 15.25 of the Code of Administrative Offences of the Russian Federation |
| Missed filing deadline by 10–30 days | Fine of 1000–1500 ₽ | Part 6.1 of Article 15.25 of the Code of Administrative Offences of the Russian Federation |
| Missed filing deadline by more than 30 days | Fine of 2500–3000 ₽ | Part 6.2 of Article 15.25 of the Code of Administrative Offences of the Russian Federation |
| Failure to file the report | Fine of 4000–5000 ₽ | Part 6.3 of Article 15.25 of the Code of Administrative Offences of the Russian Federation |
| Repeated violation | Fine of 10 000 ₽ | Part 6.5 of Article 15.25 of the Code of Administrative Offences of the Russian Federation |
How to check right now
To understand whether you must file a report this year, answer two questions: were you a tax resident of the Russian Federation in the previous calendar year (at least 183 days of presence in Russia), and did you have at least one foreign account or electronic wallet opened? If both answers are “yes,” the report is mandatory.
The Federal Tax Service publishes current explanations on the page “Reports by individuals on the movement of funds”. News and explanations are in the section “Activities of the Federal Tax Service of Russia”.
If you need to check whether a specific person appears in the open wanted-persons register of the Ministry of Internal Affairs (MVD), you can do this by full name and date of birth.
Warning signs vs false alarm
A letter “from the Federal Tax Service” demanding urgent payment of a fine through a link in a messenger is fraud. Real demands to pay a fine arrive through the taxpayer’s personal account or by post, with a reference to the ruling imposing administrative liability.
The mere fact of opening a foreign account without filing the report does not constitute a criminal offence; it is administrative liability under Article 15.25 of the Code of Administrative Offences of the Russian Federation. Criminal liability is possible for currency offences of a different nature, for example currency transactions bypassing authorized banks under Article 193 of the Criminal Code of the Russian Federation, but these are separate offences.
What to do next
- Check your tax-residency status for the previous year under the 183-day rule.
- Collect statements for all foreign accounts and wallets for January 1 through December 31 of the reporting year.
- Log in to the taxpayer’s personal account at nalog.gov.ru and complete the form by June 1.
- Save the filing receipt — it is documentary proof that the obligation has been fulfilled.
- If an account has been closed, additionally submit a notice of closure within one month.
- In a complex situation, such as several jurisdictions, CFCs, or currency transactions, contact a tax consultant.
Disclaimer: this material is for information purposes and is not tax or legal advice. For a specific situation, contact a tax consultant or lawyer.
Conclusion
The report on the movement of funds in foreign accounts is a technical currency-control obligation that is not connected with paying tax. The fines for violations are moderate, but they are charged for each instance of violation and can accumulate year after year. It is simpler to file on time through the personal account than to deal with rulings later.
To check the open part of the MVD wanted-persons register, use Wanted Radar search.