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09 February 2018

Russia's Country-by-Country Reporting and secondary filing mechanism discussed

In November 2017, Russia adopted the Organisation for Economic Co-operation and Development's Base Erosion and Profit Shifting (BEPS) Action 13 recommendations, including requirements in relation to a master file, local file, and country-by-country (CbC) report. New requirements relevant to the master file and CbC report apply to financial years commencing on or after January 1, 2017 (with an optional filing of a CbC report for financial years commencing in 2016). The first reporting period for a local file is a calendar year 2018.

A Global Tax Alert, attached below, provides additional details.

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ATTACHMENT

Full text of Tax Alert 2018-0294

Document ID: 2018-0294

 

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