Developed a concept for amendments to chapter 21 of the Russian Tax Code

At the request of a major retailer we developed a concept for amendments to chapter 21 of the Russian Tax Code, agreed it with business associations and authorities and sent it to the State Duma. These amendments include resolving a problem with the statutory regulation of taxation when rewards, bonuses and other incentives are paid to buyers for volumes of goods that they purchase: if the agreement does not establish that such payments mean a discount on the price, no VAT adjustments are required (Federal Law No. 39-FZ dated 5 April 2013).