Country News

Starting on 01.01.2021, Russia  applied the Multilateral Convention of 24.11.2016 on the implementation of measures related to tax treaties in order to counter the erosion of the tax base and the withdrawal of profits from taxation (Base Erosion and Profit Shifting – BEPS). Amendments to a number of Double Taxation Treaties will also come into force.

On December 30, 2020, Russian President Vladimir Putin signed the Federal Law “On Amendments to Articles 8 and 11 of the Federal Law “On special assessment of working conditions”.

By the Order of the Minister of Digital Development, Innovation and Aerospace Industry of the Republic of Kazakhstan the Rules for the collection and processing of personal data of 21.10.2020 No. 395/NK were approved. The Rules became effective on 08.11.2020.

Starting on 01.01.2021, the long-awaited changes regarding the mandatory audit criteria came into force. They are aimed at significantly reducing the burden for small and medium-sized businesses in terms of passing audits.

On December 8, 2020, Vladimir Putin signed a law amending the Labor Code of the Russian Federation. The document provides for the new regulation of distant employees’ work and introduces the new term “remote work”, which is synonymous with the currently established “distant work” in the RF LC. The new regulation will take effect on January 1, 2021.