Will the new law on accounts of individuals in foreign banks somehow affect the work through ePayService, PayPal?

Question

Freelance

www.vedomosti.ru/opinion/news/36854371/valyutnyj-z...
"So, residents who have accounts (deposits) in banks outside the territory of the Russian Federation after January 1, 2015 will be required to submit reports on the movement of funds to the tax authorities on such accounts (deposits) with supporting bank documents in the manner established by the Government of the Russian Federation in agreement with the Bank of Russia.Previously, only legal entities were responsible for this obligation.Supporting
bank documents are presented in the form of notarized copies in accordance with the requirements of the legislation of the Russian Federation. in a foreign language, a notarized translation into Russian is attached.
This means that all account holders will have to travel or fly to the country where their banks are located in January, April, July and October of each year, take original statements, debit and credit notes there, then apply to notaries for their translation into Russian language and assurances, and at the end of these torments, submit reports with attachments to the tax inspectorates.
Punishment for violating this order has not yet been established. But it must be assumed that it is already being developed and will be ready to enter into force in the new year in order to hang like a sword of Damocles over all those who do not have time to close their accounts abroad in 2014. There is no doubt about the forthcoming harshness of punishment. Both administrative and criminal sanctions are expected.
PayPal says it's not a banking organization. ePayService - that this is a virtual account in an American bank. Is a virtual account the same as a real one? What's the Difference?
And will it be possible to freelance abroad without an impending haemorrhage?

Answer 1

As I understand it, freelancing will be possible as before, just another useless law has appeared with an incomprehensible mechanism of action, according to which it will simply be possible to additionally run into a citizen. For cardholders of foreign banks, the most hemorrhoid-free way out is not to show these cards in the Russian Federation, that is, to withdraw funds exclusively through ATMs, but not at bank cash desks, or periodically fly to unwind in other countries, simultaneously cashing out cards and importing into Russia in a suitcase amounts below the declaration limit, for today, if I'm not mistaken, through the "green" corridor you can legally drag $ 10,000 at a time. So let's wait and see where it goes.

Answer 2

The law refers to a certain type of relationship - a bank account or bank deposit agreement. If it doesn't, then there's nothing to worry about.
An account in Yandex.Money, for example, is not a bank account, in Qiwi, PayPal is also.
A certain virtual account, who the hell knows in which system - similarly, a bank account needs an agreement, and not a login and password to the site.
A more complex case is practiced in some Russian banks, taking into account bank cards. I have a card but no account. They maintain one common (and their own) account for all clients. In other banks, the bank card is linked to the client's personal bank account. Outwardly, there is no difference, but formally it is significant (different relations according to the civil code).
There are doubts and solid sums? Then it's best to see a lawyer. For some bribe, they will prepare a "legal opinion" with a signature and even a seal. You will stick it in the nose of the taxman.

Answer 3

Well, in general, everything has remained the same, as before, we carefully withdraw money from ATMs, reopen accounts every year.

Answer 4

Previously, according to the law of the Russian Federation, it was necessary to report to the tax office about the opening of a foreign account. Only a few did.
nevro , I will say more - On July 1, 2014, serious changes took place in the Tax Code of the Russian Federation regarding banking secrecy in Russia. According to the latest amendments, now banking institutions operating in the Russian Federation are required to provide tax authorities with data on the fact of opening and closing accounts by individuals. The tax authorities can get all the necessary information on the first request , court permission is no longer required.
Taken here - open-offshore.ru/stati/bankovskaya_taina_v_rf

Answer 5

The severity of Russian laws is mitigated by the optionality of their implementation.

Answer 6

And if you replenish your paypal account with a domestic bank card? Will this be automatically established by the tax authorities or only when they suddenly decide to start checking my activities (for example, an individual entrepreneur in Russia is the main type of income)? All replenishment - only cash through an ATM?