Analytics and brochures

Marketplaces are gaining a significant foothold on the e-commerce market. As platforms grow in popularity, so the number of offences in the sector also increases. Would it be appropriate, however, to say that marketplaces are creating a new environment for misconduct? Elena Sokolovskaya, a partner, head of antitrust practice at Pepeliaev Group will take a look at new practices.

Starting from 1 January 2025, a tax amnesty in the case of a split-up of a business has been launched in Russia. Taxpayers that have voluntarily refused to apply such schemes and that comply with a number of conditions will be able to avoid additional taxes, default interest and fines being accrued based on the outcome of tax audits for 2022-2024. It is a tempting idea to be able to reorganise one’s business and avoid any tax liability along the way. However, from the perspective of antitrust and procurement legislation, structural changes within a company and Elena Sokolovskaya, a Partner at Pepeliaev Group, considers that a refusal to split a business up may prompt quite a few questions. An example is if a small business enterprise decides to use the amnesty.

The UAE’s Corporate Tax Law has introduced beneficial provisions for Family Foundations, trusts, and similar entities, offering these structures the potential to attain tax-transparent status. However, while the law allows this benefit for entities deemed “similar,” it provides little guidance on what characteristics or features qualify an entity as such. This ambiguity raises critical questions about how to define similarity in the context of family wealth management, succession planning, and tax structuring.

On October 28, the Minister issued Decision No. 261, introducing pivotal updates under Article 5(2). This decision expands the scope of entities eligible for tax transparency, allowing any juridical person wholly owned and controlled by a Family Fondation (whether directly or indirectly through an uninterrupted chain of Unincorporated Partnerships) to apply for transparent status.