Taxation logo taxation mission text

Since 1927 the leading authority on tax law, practice and administration

Russian revolution

08 September 2015 / Olga Boltenko , Evgenia Martin , Ayshat Gaydarova
Issue: 4517 / Categories: Comment & Analysis , International
istock_000000601646_large

New tax regime and disclosure programme in Russia.

KEY POINTS
  • New Russian law on the taxation of controlled foreign companies and other anti-offshore measures herald a new approach to tax planning.
  • The present simple residency definition is likely to be temporary.
  • A new controlled foreign company (CFC) law came into effect on 1 January 2015.
  • New tests determine whether foreign companies will be resident in Russia for corporate tax purposes.
  • A voluntary disclosure programme is available to Russian and non-Russian citizens.
This year has probably become one of the most intriguing and difficult for those advising Russian clients regardless of where they live. In particular the new law on the taxation of controlled foreign companies (the CFC law)...

If you or your firm subscribes to Taxation.co.uk, please click the login box below:

If you are not a subscriber but are a registered user or have a free trial, please enter your details in the following boxes:

Alternatively, you can register free of charge to read a limited amount of subscriber content per month.
Once you have registered, you will receive an email directing you back to read this item in full.

Please reach out to customer services at +44 (0) 330 161 1234 or 'customer.services@lexisnexis.co.uk' for further assistance.

FIVE WAYS TO MAKE ACCOUNTS PRODUCTION AND TAX EASIER.
Download the exclusive Xero
free report here.

New queries
Please email any questions you might have
to: taxation@lexisnexis.co.uk.

back to top icon