XBRL Tax Reporting: What You Need to Know

May 12, 2026 · WOWERI

XBRL-based financial reporting does not replace reporting to the DPS. MSFZ payers must separately transform data to the DPS standard.

Introduction

XBRL (eXtensible Business Reporting Language) is a format for financial reporting used in many countries. However, it does not replace reporting to the DPS (State Tax Service).

Regulator and Tax Authority Requirements

According to the requirements of the regulator and tax authority, MSFZ (Small Business Entity under the general taxation system) payers must separately transform data to the DPS standard. This means that companies using XBRL must have a separate converter to transform data to the DPS standard.

Problems and Solutions

The lack of a state converter for transforming data to the DPS standard creates problems for companies. However, there are private developers who offer solutions for transforming data to the DPS standard.

Conclusion

XBRL-based financial reporting does not replace reporting to the DPS. MSFZ payers must separately transform data to the DPS standard. Companies need to pay attention to this issue and find a solution to transform data to the DPS standard.

Source: biz.ligazakon.net