Tax law and tax disputes

Overview of Tax Events for December 2018

Overview of Tax Events for November 2018 The law on the reform of procedural legislation has been adopted (it comes into force from 1 January 2019). Only lawyers can be representatives under a power of attorney in commercial proceedings.

Overview of Tax Events for October 2018 The Finance Ministry has published on its website the “Principal areas of focus for the public finances, tax, customs and tariffs policy in 2019-2021”.

Overview of Tax Events for September 2018 The Russian Ministry of Economic Development has prepared draft amendments to the Russian Civil Code which are to determine what property is treated as movable for tax purposes.

Pepeliaev Group has contributed to Taxand publication: GLOBAL GUIDE TO M&A TAX

Overview of Tax Events for August 2018

Russia is preparing to ratify the multilateral Convention dated 24 November 2016 which is designed to ensure the coordinated implementation of the BEPS Plan - a draft Federal Law has been prepared.

Overview of Tax Events for July 2018 The State Duma’s spring session resulted in a number of significant tax laws being adopted, some of which the Russian President has already signed.

Overview of Tax Events for June 2018

On 16 June Resolution No. 693 of the Russian Government was signed ‘On the implementation of the international automatic exchange of financial information with competent authorities of foreign states (territories)’. 

Overview of Tax Events for May 2018 The Federation Council has ratified the new Convention between the Russian Federation and the Kingdom of Belgium on the avoidance of double taxation with respect to taxes on income and on capital and a Protocol to it.

Overview of Tax events for April 2018

Russia has approved a Draft Protocol to amend the Convention between the governments of Russia and Sweden on the avoidance of double taxation with respect to taxes on income. 

Overview of Tax events for March 2018 The Chairman of the Russian Government (the “Government”) has signed a resolution assigning the status of ‘priority development territories’ to 19 single-industry towns (known in Russia as 'monotowns') in Russia. Now, out of 319 monotowns in Russia, 59 have the status of a Priority Social and Economic Development Area.

Overview of tax events for February 2018

The second wave of the amnesty of capital in Russia will last from 1 March this year until the end of February 2019. The Russian President has signed the relevant laws No. 33-FZ, No. 34-FZ and No. 35-FZ.

Overview of tax events for January 2018 Russia has approved a draft Protocol to amend the Convention between the Russian Federation and the Kingdom of Belgium on the avoidance of double taxation and prevention of fiscal evasion with respect to taxes on income and property. 

Overview of tax events for December 2017 The Russian President has signed Federal Law No. 436-FZ dated 28 December 2017, which specifies the procedure for the taxation of controlled foreign companies. Moreover, property tax debt of individuals in place as at 1 January 2015 will be written off.

Overview of tax events for November 2017 The Russian President has signed a number of tax laws.

Overview of tax events for October 2017 The Russian Government has added smartwatches to the list of items falling under 1% levy paid by electronic goods importers.

Overview of tax events for September 2017

The Convention has been signed between the Government of the Russian Federation and the Government of Japan on the elimination of double taxation and the prevention of fiscal evasion.

Overview of tax events for August 2017

The Russian President has signed Federal Law No. 274-FZ dated 29 July 2017 on amending the law on appraisal activities. Municipal authorities are entitled to challenge the cadastral value that has been set for a privately owned land plot if, upon the owner’s application, the cadastral value was significantly reduced based on establishing the market value. This may affect the lawful interests of the municipality relating to the tax income received by the budget.

Overview of tax events for June 2017 The State Duma has passed in the first reading the Government’s draft law on empowering the tax authorities to demand from the audit firms the documents they have received from taxpayers.

Overview of tax events for May 2017 The Russian Government has approved the rules for making and maintaining the list of investment projects which entitle industrialists to tax and levies benefits until 2025.