Offshore amnesty and tax repatriation in action

Download PDF Pepeliaev Group advises that decisions have been taken which were needed for the law on 'tax repatriation' (in effect from 2015) to take full force:1
1) the procedure and the time frames have been set for the 'offshore amnesty';
2) clarifying amendments have been made to the law on 'tax repatriation';
3) a form of a notice of a participation interest in foreign entities has been approved. In respect of
an existing participation interest, such notice was to be filed by 15 June 2015.