OREANDA-NEWS  The total assets of Russians in the United Arab Emirates (UAE) now amount to about a trillion rubles. This was stated by the head of the Federal Tax Service (FTS) Daniil Egorov in an interview with Vedomosti.

According to him, auto-data exchange with this Asian country has been operating in Russia since 2018. Noting that now the Federal Tax Service is more accurately "getting into the data" that it receives from foreign colleagues, the head of the department stressed that everything is moving towards the fact that "everything must be declared."

"Now, by honing the data formats, we are learning to identify violations. This happens in everything and with any accounting systems. If you invest in them correctly, they generate less and less information noise," said Egorov.

Last week, he said during a meeting with Russian President Vladimir Putin that tax revenues to the Russian budget system in January-October of this year increased by 8 percent compared to the same period in 2024, reaching 49 trillion rubles. The head of the Federal Tax Service clarified that debt collection has increased due to the automation of the procedure and the fact that "there is very little human factor in it."