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03 March 2016

Russian Tax Brief for February 2016

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:

— Thin capitalization rules: a change in the position of the courts on loans received from foreign sister companies
— Legal interest — a new headache for taxpayers?
— 2015 annual reporting requirements for foreign companies operating in Moscow
— Hong Kong and China treaty news
— Developments in the recognition of foreign companies as Russian tax residents
— Oriflame case: cassation appeal not to be referred for hearing by the economic disputes panel of the Russian Supreme Court
— The fine points of thin capitalization
— Changes effective from the new year in the method of calculating mineral extraction tax
— Developments relating to excise duties on oil products in 2016
— Changes in tax thresholds effective from 2016

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ATTACHMENT

Document ID: 2016-0434

 

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