Country News

Changes in the taxation of intercompany transactions and regulation of TP issues in Russia

04.01.2024
On 27 November 2023, Federal Law No. 539-FZ introduced significant amendments to the Tax Code of the Russian Federation  largely related to the transfer pricing regulation.

Germany recognizes Russia as a tax haven

01.01.2024
On 20 December 2023 amendments to the German Tax Haven Defense Act were published entering into force on 1 January 2024 including the Russian Federation on the list of tax haven jurisdictions.

Legislative amendments regarding names of legal entities in the Republic of Kazakhstan

22.11.2023
The Ministry of Justice of Kazakhstan has approved the Rules of rendering the state service "Correction of names of legal entities, branches, and representative offices".

Update on restrictions on the rights of foreign businesses to manage companies in Belarus

22.11.2023
Important amendments were made to the tax legislation of the Republic of Belarus concerning the alienation of shares in the authorized capital of companies.

Russia's Draft Law on New Profit Withholding Tax

21.11.2023
The Russian Duma is considering draft bill No. 448566-8 in the third reading. There is a high probability that the bill will be enacted which will have several effects on foreign investors.
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