AUDIT OF A CFC (controlled foreign company) Lorem ipsum dolor sit amet, consectetur adipiscing elit. Ut elit tellus, luctus nec ullamcorper mattis, pulvinar dapibus leo. If you want to get advice on the revision of financial statements Click here The Tax Code of Russia establishes rules on controlled foreign companies (Article 25.13 of
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From October 1, 2022, foreign organizations providing electronic services to legal entities and individual entrepreneurs in Russia are no longer required to independently calculate and pay VAT on these services. In this case, the Russian organization acquiring such services must calculate and pay VAT. The corresponding changes were made by the Federal Law of Russia
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From January 1, 2022, foreign companies that supply goods and services in Kazakhstan via the Internet must pay Value Added Tax (VAT). The first fiscal period is Q1 2022
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Up to 250 billion RUB Russia can contribute to the budget. Such amount the revision of the tax agreement between Russia and Switzerland can bring to our country. The essence of changes is the avoidance of double taxation. Just to remind, in 2020 Russia introduced a 15% tax on income received in the form of
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133 countries supported the introduction of a global tax. The new tax will concern international companies. The minimum tax rate must be at least 15% in each country of presence of a multinational company. Russia supports the idea to introduce a global tax, and will participate in the development of the corresponding model agreements of
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25 techno cities of the future have been identified. In August, the analytical agency FDi Intelligence published its rating of technological cities. Experts analyzed the opportunities for startups, investments in technologies and innovations. Moscow received the 14th position on the list. London is at the top.
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From July 1, 2021, inspections of non-residents who have not registered for income taxation can be appointed in Ukraine (the relevant rules were established by Law of Ukraine No. 1117 and entered into force on January 1, 2021). Recall that according to these amendments to the Tax Code, non-resident companies are required to register with
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Up to 6 months Russia extends the period of tourist visas for foreigners . Visas will be granted if there is a reservation at the hotel or an invitation from a qualified tour operator. The changes will сome into force at the end of August and are aimed to develope Russian tourism.
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Ukraine has introduced mandatory registration of non-residents in the State Customs Service. The new rules for declaring goods by non-residents in Ukraine came into force on July 1, 2021. Mandatory registration is now subject to non-residents who are: 1)foreign carriers moving goods, commercial transportation, transit through the territory of Ukraine 2) foreign carriers moving goods
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July, 1st 2021 Russian President Vladimir Putin signed a law according to which giant IT companies will be required to open branches or create legal entities in Russia.The rules are applicable to companies that own a website with a daily access exceeding 500,000 users in Russia. This concerns such companies as Facebook, Instagram, Google. The
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