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Baker & McKenzie – CIS, Limited is ‘the only international firm in Russia with a tax practice to match the accounting firms’. ‘Very impressive’ team head Alexander Chmelev’s ‘considerable experience’ lends him a ‘unique perspective and insight, which is invaluable given the frequent lack of black-and-white answers in Russia’. The ‘very well-positioned’ firm advised SABMiller on tax issues relating to its acquisition of Russian brewer Vladpivo, and successfully represented Western Union MT East in a dispute with the Russian tax authorities. Maria Kostenko and the ‘extremely knowledgeable’ Sergei Zhestkov, whose ‘abilities extend beyond the technical and into the practical application of the law’, are both highly recommended.

With 87 tax lawyers and five specialist auditors, Pepeliaev, Goltsblat & Partners’s tax group is ‘an absolute behemoth’. Led by co-managing partner Sergey Pepeliaev, the practice primarily acts for corporates and senior executives across four main sectors: oil and gas, financial institutions, trade and services, and industrial production. Half of the ‘impressive’ practice is based around the firm’s main strength – tax litigation – with clients including Gazprom, Coca-Cola, VimpelCom and Ford Motor Company. Andrey Tereschenko, Denis Schekin, Rustem Akhmetshin and Sergey Savseris are all highly recommended.

Led by the ‘confidence-inspiring’ Ruslan Vasutin in St Petersburg, DLA Piper now has on-the-ground capacity in Moscow following the hire of real estate tax specialist Igor Venediktov from developer Snegiri Group, where he was CFO. The firm has received an increase in stand-alone tax instructions from clients such as Maersk, and advised adidas on issues surrounding its global purchasing system. Clients for the team, which include Stockmann, praised its ‘objective judgement’.

Oleg Konnov’s smoothly run tax practice at Herbert Smith CIS LLP focuses on international tax structuring and restructuring. Recent highlights include advising TNK-BP on the tax issues relating to its well-publicised shareholder dispute, while the firm successfully represented Japan Tobacco International in a $100m tax dispute.

Hogan & Hartson LLP’s practice is led by the ‘charismatic and talented’ Ilya Rybalkin, who has a particular focus on cross-border tax structuring. The firm recently advised Norilsk Nickel on the structuring of its $6.3bn acquisition of LionOre, and OJSC Ammonij on tax issues relating to its framework and early work agreement with Mitsubishi Heavy Industries and Sojitz Corp. Newly promoted senior tax advisor Vadim Kukushkin is also recommended.

Linklaters CIS’ tax offering primarily operates in support of the firm’s top tier corporate and finance practices. The practice has recently assisted on deals such as the RUR10.7bn residential mortgage-backed security by CJSC ‘Second Mortgage Agent of AHML’, and Suek’s planned $16bn joint venture with Gazprom. Managing associate Victor Matchekhin leads the team.

As the legal arm of one of the ‘big four’ accounting firms, PricewaterhouseCoopers CIS Law Offices BV is ‘extremely adept’ at handling tax matters. Yana Proskurina leads the contentious tax practice, which successfully represented a major international beverages maker in all court instances relating to a $3m tax dispute. Svetlana Stroykova is highly recommended.

Jointly led by the Alexei Panich – who impressed clients with his ‘attitude, commitment and level of expertise’ – and global practice co-head Evgeny Timofeev, Salans represented Japan Tobacco International in a three-and-a-half-year, $250m litigation, and advised Segezhski ZBK on the restructuring of its pan-European operations. 2008 saw the ‘flexible and professional’ firm launch a tax due diligence service.

White & Case LLC’s stand-alone tax structuring practice is led by Irina Dmitrieva. The firm advised Google on the tax structuring aspects of its $140m acquisition of Rambler Media.

Highly regarded senior partner Maxim Alekseyev leads ALRUD Law Firm’s tax practice. Clients include Hyperion Systems Engineering Rus, JVC and Tupperware.

Beiten Burkhardt’s Moscow-based tax team is led by partner Elena Balashova.

Clients of CMS’s tax team, which is led by Stanislav Tourbanov, include Eurasia Logistics.

The key tax name at Clifford Chance is counsel Alexander Anichkin, who clients hail as ‘very responsive, technically excellent and has good commercial understanding’.

Led by senior tax attorney Tatiana Kirgetova, Gide Loyrette Nouel’s tax clients include Eurocopter, Sumitomo and Thales Avionics.

Tax is one of the most significant practices of Nörr Stiefenhofer Lutz ooo’s Moscow office. The large and well-respected team includes many outstanding practitioners, with Silvia Sparfeld, tax managers Nadezhda Schorochova and Nikolay Baranov, auditor Sergei Schelkalin and senior tax advisor Olga Surikova all recommended.

Other recommended names include Macleod Dixon ELP associate Konstantin Litvinenko and Vegas Lex Law Firm’s tax arbitrator Oleg Bazhenov.

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Legal Developments in Russia

Legal Developments and updates from the leading lawyers in each jurisdiction. To contribute, send an email request to
  • Tax Reforms Towards the Creation of an International Financial Center in Russia

    In December 2009 the Russian Parliament adopted important changes further promoting the Russian holding companies regime. Starting from January 1, 2011 Russian holding companies will no longer be required to meet the present 500 million ruble threshold for investments made into companies qualifying as “strategic investments” to receive tax benefits.
    - Baker & McKenzie
  • Rules for Tender Selection of Joint Implementation Projects under Kyoto Protocol

    On October 28, 2009, the Russian Government adopted two enactments concerning joint implementation projects under the Kyoto Protocol to the United Nations Framework Convention on Climate Change (the "Kyoto Protocol") in the Russian Federation, namely:
    - Baker & McKenzie
  • Federal Law "On the Principles of State Regulation of Trading Activity in the Russian Federation"

    On 1 February 2010, the Federal Law "On the Principles of State Regulation of Trading Activity in the Russian Federation" (the "Law") comes into force, which will substantially change the rules applicable to trade activities.
    - Baker & McKenzie
  • New Rules for Issuing Domestic Secured Bonds In Russia

    Starting January 2010, amendments to Federal Law No. 39-FZ “On the Securities Market” dated 22 April 1996 entered into force, affecting the issue of domestic bonds by Russian issuers. The new rules will apply to all domestic bond issues to be placed in the market after 31 December 2009.
    - Baker & McKenzie
  • 2010 quota for foreign workers distributed. List of quota-exempt professions for 2010 approved.

    In accordance with the order distributing the 2010 quota of work permits, a fixed number of work permits can be issued in each Russian region to work in different professions. Thus, for example, for Moscow the general quota for all professions is established at 250,000 work permits (which is considerably less than in 2009), and for St. Petersburg – 210,066 work permits.
    - Baker & McKenzie
  • Formation of the Customs Union of Russia, Belarus and Kazakhstan

    Russia, Belarus, and Kazakhstan will adopt new unified customs tariff and non-tariff regulations from January 1, 2010, and the Customs Union (the “CU”) of the three countries of the Eurasian Economic Community (the “EurAsEC”) will become a reality. The CU Customs Code (the “Customs Code”) is expected to take effect from July 1, 2010 to regulate the resulting integral customs zone.
    - Baker & McKenzie
  • New developments in Russian legislation on saving energy and increasing energy efficiency

    Federal Law No. 261-FZ “On Saving Energy and Increasing Energy Efficiency, and on Amendments to Certain Legislative Acts of the Russian Federation” came into force on November 27, 2009 (the “Law”), with certain provisions of the Law taking effect later. Changes to the Tax Code of the Russian Federation, for example, became effective on December 27, 2009, and those to the Code of Administrative Offences of the Russian Federation (the “Administrative Code”) take effect on June 22, 2010.
    - Baker & McKenzie
  • Changes re Criminal Liability and Prosecution of Tax Crimes

    On December 29, 2009 the RF President signed a law introducing important changes to criminal liability for tax evasion. It is established that a person violating the tax legislation may be relieved of criminal liability if the respective outstanding taxes and penalties connected to a crime are paid to the budget.
    - Baker & McKenzie
  • Revised Draft of the Law on Circulation of Medicines Prepared

    An amended version of the draft Federal Law "On Circulation of Medicines"  was placed on the website of the Russian Ministry of Healthcare and Social Development on December 3, 2009. The initial Draft Law was published on the same website on July 8, 2009, attracting much attention and criticism. Many suggestions were made to improve the initial Draft Law so as to ensure the effective functioning of the Russian pharmaceutical market. 
    - Baker & McKenzie
  • Development of anti-insider trading and market manipulation legislation in Russia

    Federal Law of the Russian Federation No. 241-FZ of 30 October 2009, "On Making Amendments to the Criminal Code of the Russian Federation and Article 151 of the Criminal Procedural Code of the Russian Federation" ("Law No. 241") was published on November 3, 2009.
    - Baker & McKenzie

Press releases

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