Analytics and brochures

Pepeliaev Group advises that in view of new case law, any expenses of a Russian company incurred to make payments to a foreign company within one international group of companies may not be treated as deductible for profit tax purposes. 

1. control by Russian persons over foreign structures, including non-corporate ones, will have to be disclosed to the Russian tax authorities; and
2. profits received by foreign structures managed or controlled out of Russia will be taxed in Russia.