taxnews.ey.comPrint

12 January 2016

Russian Tax Brief for December 2015

The latest edition of the Russian Tax Brief is attached below. Prepared by Ernst & Young Moscow's Tax Department, this monthly update provides a review of the latest government regulations and other developments affecting business in the Russian Federation. Highlights of this edition include:

— Key changes in tax law in 2016
— The Russian government has approved a draft double tax treaty between Russia and Hong Kong
— Subject: News about the ban on the purchase of foreign software by Russian State and municipal authorities
— The treatment of interest on credit used for the payment of dividends
— Tax-deductibility of secondment expenses
— Recharacterization of transactions for tax purposes: New examples
— A VAT offset may be claimed when property is recorded as an investment in non-current assets
— Property tax changes in Saint Petersburg

———————————————
ATTACHMENT

Document ID: 2016-0067

 

The information contained herein is general in nature and is not intended, and should not be construed, as legal, accounting or tax advice or opinion provided by Ernst & Young LLP to the reader. The reader also is cautioned that this material may not be applicable to, or suitable for, the reader's specific circumstances or needs, and may require consideration of non-tax and other tax factors if any action is to be contemplated. The reader should contact his or her Ernst & Young LLP or other tax professional prior to taking any action based upon this information. Ernst & Young LLP assumes no obligation to inform the reader of any changes in tax laws or other factors that could affect the information contained herein.

 

Copyright © 1996 – 2025, Ernst & Young LLP

 

All rights reserved. No part of this document may be reproduced, retransmitted or otherwise redistributed in any form or by any means, electronic or mechanical, including by photocopying, facsimile transmission, recording, rekeying, or using any information storage and retrieval system, without written permission from Ernst & Young LLP.

 

EY US Tax News Update Master Agreement | EY Privacy Statement