Overviews of legislation and court practice

Overview of tax events for May 2022 The State Duma has adopted a law according to which the profit tax benefit will be extended in respect of income in the form of intellectual property rights; The Russian Government has extended the deadline for financial market institutions to submit to the Russian Federal Tax Service the information required for international automatic exchange.

Overview of tax events for April 2022 The Russian President has signed the law granting an exemption from VAT with regard to transactions to dispose of exclusive rights under a franchise agreement; a protocol has been ratified regarding the deferral for VAT with regard to imports of goods from the EAEU; The Russian Finance Ministry has developed amendments to the federal standard relating to accounting for capital investments.

Overview of tax events for March 2022 The Federal Tax Service has put into operation on its website an updated version of the service Register of Disqualified Entities; The Russian Federal Tax Service has summed up the results of pre-judicial dispute settlements in 2021; The Russian Federal Tax Service and the Belarusian Ministry for Taxes and Levies have launched an exchange of information about the traceability of goods.

Overview of tax events for February 2022 The Russian President has signed a law on the specialised regime of the “Automated simplified taxation system”. The adopted law includes a satellite new development whereby Russian companies will be granted an opportunity to become residents of Russian offshore zones.

Overview of legislative developments for January 2022 In the issue: The Russian Government has extended the rules for the submission of reports specifying whether producers and importers of goods comply with the waste disposal standards (Resolution No. 2529 dated 29 December 2021 № 2529).