Overview of tax events for March 2015

Download PDF On 8 March, the Russian President signed the federal law “On amending the second part of the Russian Tax Code”. It clarifies the rules for accounting for income (expenses) from transactions with debt instruments.

On 1 April the Federation Council approved the law postponing the deadline for submitting information regarding Controlled Foreign Companies. This has been moved from 1 April to 15 June 2015. Senators have also approved the amendment which permits a company not to submit notifications to tax authorities if it will be liquidated before 15 June.