ArticleBVI Ready To Disclose BeneficiariesFor many, this might turn into an unexpected addition of 20% profit tax plus fines and penalties on top of 13% personal income tax.RussiaTaxGoltsblat BLP LLP
ArticleChanges In The Procedure Of Registration Of Branches And Representative Offices In RussiaA new State Register of Accredited Branches and Representative Offices of Legal Entities (the "Register") was created on January 1, 2015. RussiaTaxKILIC & Partners
ArticleNew Procedure For Recognition Of Losses In Profit TaxationThe procedure for transferring previous years' losses to future tax periods for the purpose of calculating corporate income tax has changed substantially for 2017.RussiaTaxGorodissky & Partners
ArticleRussian Anti-Offshore Initiatives: Draft Law On Controlled Foreign Company Rules And Other MeasuresOn the 18th of March the Russian Ministry of Finance published a draft law on anti-offshore measures. RussiaTaxWithers LLP
ArticleRussian Anti-Offshore Initiatives: Updated Draft Law On Controlled Foreign Company Rules And Other MeasuresOn the 18th of March the Russian Ministry of Finance published a draft law on anti-offshore measures.RussiaTaxWithers LLP
ArticleRussian Ministry Of Finance Proposes To Introduce A Progressive Personal Income Tax ScaleThe Ministry of Finance of the Russian Federation has submitted for discussion by the State Duma amendments to the Tax Code of the Russian Federation...RussiaTaxGRATA International
ArticleTax Control In The Russian Federation And Appeals Against The ResultsA tax audit can be a big challenge for any business. In addition, such an audit can have a big impact on the financial position of your company. Therefore, it is important to know more information about tax...RussiaTaxGRATA International
ArticleTax Treaty NewsWithin the mutual agreement procedure provided for under Article 25(3) of the Luxembourg-Russia Double Tax Treaty, the tax authorities of both countries agreed on a uniform interpretation of Article 10 (2) of the treaty...RussiaTaxELVINGER HOSS PRUSSEN, société anonyme
ArticleWhat Is New In Russian Tax And Currency Control?Towards the end of 2017, a number of exciting developments unfolded in our field. In December the Russian tax authorities have published a long-awaited list of countries with which automatic exchange of information would start in 2019 ...RussiaTaxBoltenko Law
ArticleCassation Instance Supports Tax Authorities In Oriflame CaseOn June 11, 2015, Moscow District Arbitration Court handed down its ruling in the controversial Oriflame case.RussiaTaxDentons
ArticleChanges To Thin Capitalisation Rules For Profit Taxation PurposesCompanies may borrow necessary monetary funds – in particular, in the form of credits and loans, commodities and commercial credits.RussiaTaxGorodissky & Partners
ArticleControlled Foreign Companies ("CFC") Legislation Voted By The State DumaThe Draft Law on Deoffshorization was initially made available for public discussion on the 18th of March 2014 and the floodgates had opened. RussiaTaxEurofast
ArticleDevelopment Of Court Practice Of Determining The Starting Date For Payment Of Property Tax On A Fixed Asset That Is Ready For OperationOn 28 April 2017 the Commercial Court of St. Petersburg and Leningrad Region rendered a decision in case No. А56-87465/2016 (the "Decision") under the claim of Penobeton-Pikalevo LLC.RussiaTaxDentons
ArticleDevelopment Of Court Practice On Thin Capitalization CasesOn 24 January 2017 the Commercial Court of Arkhangelsk Oblast delivered a judgement in case No. А05-9115/2016 (the "Judgement") under the claim of Severnoye Siyaniye...RussiaTaxDentons
ArticleNew Tax Relief For IT IndustryOn 23 June 2020 President Vladimir Putin announced the next set of measures to amend tax legislation to help the Russian economy overcome the crisis caused by the COVID-19 pandemic. RussiaTaxGorodissky & Partners
ArticlePrice Increases Expected Following VAT ChangesAs of l January 2019, the basic value added tax (VAT) rate has increased from 18% to 20%. RussiaTaxGorodissky & Partners
ArticleRecent Developments Of Court Practice Concerning The Documentary Support For Deductibility Of Expenses Attributable To A Permanent Establishment Of A Foreign Company In The Russian FederationOn 21 December 2016 the Commercial Court of Moscow delivered the Decision in case No. А40-121559/16-20-1035.RussiaTaxDentons
ArticleTax And Other Concessions In The Republic Of Crimea And The Federal City Of SevastopolThe Republic of Crimea and the federal city of Sevastopol became constituent entities of the Russian Federation on 18 March 2014 under the Treaty between the Russian Federation and the Republic of Crimea.RussiaTaxGRATA International
ArticleDentons' Tax Practice Recognized As Best In Russia By Chambers EuropeDentons' Tax practice has been ranked Band 1 in Tax in Russia by Chambers Europe 2019, once again joining the leaders in this annual international ranking. RussiaTaxDentons