Analytics and brochures

On May30, 2014 the Plenum of the Russian Supreme Commercial (Arbitration) Court adopted a Resolution concerning issues arising when VAT is charged. With the adoption of this legislation, significant changes will be made to the implementation of Chapter 21 ‘‘Value-Added Tax’ ’of the Russian Tax Code. This article highlights the eight key provisions of the Resolution which will entail material risks or create fresh opportunities.

In our previous article, using the example of the factory construction project we have devised, we went into detail about the main issues and legal nuances faced when the corporate structure is selected and put in place. We also discussed potential ways of financing the investment project, and the advantages and disadvantages of these.