Dzhangar Dzhalchinov becomes exclusive winner of 2019 Client Choice Corporate Tax award for Russia

Partner and head of Russian Tax and Customs practice Dentons Dzhangar Dzhalchinov has become an exclusive winner of the 2019 Client Choice Corporate Tax award for Russia for the second time.

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CFC declaration campaign 2019

Dentons tax experts would like to remind you that 20 March 2019 is the deadline for filing notifications of controlled foreign companies (“CFC”) with the Russian tax authorities. Controlling persons must file CFC notifications in respect of corporate and non-corporate CFC (trusts, funds, partnerships). In 2019, controlling persons must declare CFC profits or losses that were recognized by Russian taxpayers in 2018.

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Development of court practice on notification of participation in foreign entities and of controlled foreign companies

January 2019 was marked by an upsurge in court activity in considering issues related to Russian companies’ filing of notices of participation in foreign entities and notices of controlled foreign companies (СFСs). Four cases considered by the Moscow Commercial Court caught our attention at once: the Moskabelmet,[1] INFRASTRUKTURA TK,[2] Almera[3] and Inspektorat R cases.[4]

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Expiration of the second round of the Russian voluntary disclosure (capital amnesty) campaign and the tax-exempt liquidation of CFCs

Dentons’ Russian Tax team would like to remind you that 28 February 2019 is the deadline for filing a special declaration with the Russian tax authorities to participate in the voluntary disclosure campaign (the so-called “capital amnesty campaign”).[1] In addition, Russian tax resident individuals must liquidate their controlled foreign companies and non-corporate structures (trusts, partnerships and others) no later than 1 March 2019 for tax-exempt receipt of the liquidation proceeds.

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Non-electronic services by e-services providers: VAT payment procedure

Dentons’ tax experts are keeping you posted on the latest news regarding payment of VAT on electronically supplied services (“e-services”). Today, we would like to elaborate on the topic in the light of article 161 of Russian Tax Code (“RTC”). This provision states that Russian companies should withhold VAT (act as a tax agent in the terms of the RTC) for goods/services supplied from Russian territory only if the foreign supplier does not have Russian tax registration. Continue reading “Non-electronic services by e-services providers: VAT payment procedure”

Four Dentons Russian Tax and Customs practice lawyers ranked among the best tax leaders by Indirect Tax Leaders 2018

Partner and head of Dentons’ Russian Tax and Customs practice Dzhangar Dzhalchinov, counsels Boris Bruk, Igor Schikow and Alexey Matveev have been ranked among the Indirect Tax Leaders 2018 by the International Tax Review. Continue reading “Four Dentons Russian Tax and Customs practice lawyers ranked among the best tax leaders by Indirect Tax Leaders 2018”

Development of court practice regarding regional tax incentive application regarding real estate fixed assets in Moscow Region

On 5 February 2018, the Arbitration Court of Moscow Region delivered its decision (hereinafter, the “Decision”) on ZKK VODOKANAL (the “Company”) (case No. А41-50945/17). The case considered the issue of determining the moment when the right to apply Moscow regional property tax incentive arises (hereinafter, the “Incentive”). Continue reading “Development of court practice regarding regional tax incentive application regarding real estate fixed assets in Moscow Region”