Legal overviews
I’ll still be resident. How did Russia help nationals stranded abroad by pandemic?
- Service: Tax Law
- Date: 19.10.2020
Back in April, the relevant clarifications were released by the Organisation for Economic Co-operation and Development (OECD) recognizing the pandemic as force majeure event which should not entail change in the tax status of a person who ended up stranded outside their regular place of residence. The same logic was gradually put into effect in national regulations of a number of states.
For myself and for the other guy or Guilty Without Guilt
- Service: Tax Law
- Date: 02.12.2019
On November 18, 2019, the Supreme Court of the Russian Federation transferred the cassation complaint by Krastsvetmet OJSC to the Economical Disputes Collegial Body for examination, thereby giving hope to all taxpayers who suffer from tax liability for actions of their bad faith contractors.
Case of the month. Amnesty’s ups and downs
- Service: Tax Law
- Date: 01.11.2019
The case against Valery Izrailit is a significant one in many ways. We see how the law enforcement system works, how a district court judge works, how the supreme court instance works. We also see the reaction of the authorities to public accusations of promises not being kept.
Set of laws signed to enact another “capital amnesty”: what is this second chance for Russians with assets at home and abroad?
- Services: Wealth Management, Tax Law, Protection of information and trade secrets
- Date: 20.02.2018
A set of laws is enacted providing a second stage of the “capital amnesty,” allowing to declare assets and accounts while being released from liability for violations tied to such assets.
A new beginning from January 1. Clarification on the status of currency residents and other news in currency laws for Russian citizens
- Services: Construction, Natural resources / Energy, Food industry, Commercial real estate, Health Care and Pharmaceutical Industry, Wealth Management, Tax Law
- Date: 19.01.2018
Federal Law “On currency regulation and currency control” undergoes big changes: clarifications on status of currency resident and rights and obligations of currency operation participants.
News for holders of foreign assets. List of countries ready to exchange financial information with Russia is published
- Services: Construction, Natural resources / Energy, Food industry, Commercial real estate, Health Care and Pharmaceutical Industry, Wealth Management, Tax Law
- Date: 09.01.2018
On December 21, 2017, the OECD published the list of countries ready to exchange financial information with Russia.
Concept of an unjustified tax benefit: recommendations from the tax authority and trends in practice
- Services: Construction, Natural resources / Energy, Food industry, Commercial real estate, Health Care and Pharmaceutical Industry, Tax Law
- Date: 04.12.2017
The Federal Tax Service once again explained how to apply the concept of unjustified tax benefit established by Article 54.1 of the Russian Tax Code, and the courts have already started to apply the new article.
Never was a news piece of more woe than the news on unrestricted powers of the Russian Federal Tax Service
- Services: Protection of information and trade secrets, Construction, Natural resources / Energy, Food industry, Commercial real estate, Tax Law
- Date: 13.11.2017
The Russian Supreme Court confirmed the right of the Federal Tax Service to cancel resolutions of subordinate tax authorities in the course of internal control.
Rules approved for submission of data on beneficiaries
- Services: Wealth Management, Tax Law, Corporate Law / Mergers and Acquisitions
- Date: 17.08.2017
Russian Government approves rules for submitting data on beneficiaries of legal entities.
Russia accedes to OECD Multilateral Treaty to Prevent Base Erosion and Profit Shifting
- Service: Tax Law
- Date: 02.06.2017
Russia will implement OECD initiatives on amending double taxation treaties.