Country News

Tax reconstruction: the position of the courts and the Ministry of Finance and their difference in approaches

26.02.2020
Until recently, arbitration practice considering tax disputes taking into consideration for the possibility of tax reconstruction in a situation where the tax authorities challenged deductability of the expenses paid to a dishonest contractor.

How to correctly prepare management reports in accordance with international standards

17.02.2020
To date, the preparation of management accounts under International Financial Reporting Standards (IFRS / US GAAP) for enterprises operating in Russia remains relevant.

The re-registration term for marginal selling prices of vital and essential medicines will expire on February 18, 2020.

11.02.2020
In 2019, a new obligation for marketing authorization holders was introduced: in certain cases, they have to submit the prices for vital and essential medicines in certain cases, particularly if the price for an imported medicine in Russia is lower than in the country where it was produced.

New approaches to investment protection

27.01.2020
The State Duma is discussing the draft bill “On the Protection and Promotion of Investments and the Development of Investment Activities in the Russian Federation” (hereinafter – FZ SZPK), which is informally named the “Investment Code”.

There will be no continuing tax crimes. What are other problems?

23.01.2020
On November 26, 2019, the Plenum of the Supreme Court of the Russian Federation (the RF SC) finally adopted a Resolution on tax crimes.
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