Country News

Tax maneuver in the IT industry

29.07.2020
On July 16, a draft bill was passed to the RF State Duma to implement the order of the President of Russia on changes in taxation in the IT sector, including a number of benefits related to VAT, profit tax, and social contributions payments.

The implementation of accompanying invoices for some goods has been delayed

28.07.2020
The implementation of accompanying invoices for goods (AIG) for some goods in accordance with the Order of the First Deputy Prime Minister and Minister of Finance of the Republic of Kazakhstan #615, dated 19 June 2020 has been delayed.

St. Petersburg: the beginning of a new stage of lifting restrictions

24.07.2020
The governor of St. Petersburg, Alexander Beglov, amended the resolution of the Government of St. Petersburg No. 121 “On measures to counteract the spread of the new coronavirus infection (COVID-19) in St. Petersburg” dated March 13, 2020.

Multilateral Convention to Implement Tax Treaty Related Measures to Prevent Base Erosion and Profit Shifting – New Reality

22.07.2020
On 06.05.2020 The Ministry of Finance of the Russian Federation has published on its website a message about the beginning of the application of the Multilateral Convention to Implement Tax Treaty Related Measures to Prevent Base Erosion and Profit Shifting of November 24, 2016 from January 1st, 2021.

The procedure for liquidation of legal entities changed

17.07.2020
Legislators amended the Labor Code of Russia and the law on state registration of legal entities and individual entrepreneurs. The changes will guarantee that the employees will duly receive all compensation.
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