News & Updates

CFC legislation came into force as of 01/01/2015. First reporting is scheduled on the 20/03/2017 and must cover 2015 tax year. It is quite complicated and usually requires individual case-by-case approach as the analyses of the ownership structure, determination of...

Please be advised that on 21st of December 2016, the Federal Law 23rd of June 2016, No. 215-FZ “On Amendments to the Federal Law “On Countering Legalization (Money Laundering) of Proceeds of Crime and the Financing of Terrorism” and to the Code of...

The growing tax exposure linked to the usage of foreign conduit companies is one of the most pressing issues relating to tax planning in Russia.  What is a Conduit Company? A Conduit Company is a company used for the transfer and transformation of revenue for...