FNS

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The Federal Tax Service (ФНС) of Russia is portrayed as an enforcement agency actively involved in tax collection, financial monitoring, and initiating bankruptcy proceedings against businesses with significant arrears. It has significantly increased its role in corporate insolvencies, accounting for 23% of all bankruptcy cases in Russia, and has been expanding its digital integration with customs (ФТС) and product marking systems to enhance control over imports. The ФНС also engages in asset freezes, account blocking, and the closure of businesses due to tax non-compliance.

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