Analytics and brochures

Pepeliaev Group advises that in view of new case law, any expenses of a Russian company incurred to make payments to a foreign company within one international group of companies may not be treated as deductible for profit tax purposes. 

Pepeliaev Group advises that the Russian law on “tax repatriation”1 has been signed and will come into force from 2015. This new law may have the following implications:

1. control by Russian persons over foreign structures, including non-corporate ones, will have to be disclosed to the Russian tax authorities; and
2. profits received by foreign structures managed or controlled out of Russia will be taxed in Russia.