The Russian Government has approved Russia’s joining the international treaty on automatic exchange of country reports. The signing date will be known after consultations with the OECD (Organisation for Economic Co-operation and Development), it is highly likely to happen at the beginning of 2017.
Estonia, Georgia, Mauritius, Aruba, Bermuda and Cayman Island have been excluded from the list of states and territories that do not share tax information with Russia.
According to the intergovernmental agreement between Russia and Turkey, signed on 10 October, the two countries will exempt the Turkish Stream pipeline from major taxes.
The Russian Government has submitted to the State Duma a draft law to exempt organisations from paying property tax with respect to vehicles manufactured after 1 January 2013.
The Russian Federal Tax Service organises meetings with representatives of internet industry and of major auditor and law firms, during which the new Law is discussed. A test version is provided of an electronic service for the registration of foreign internet companies.
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