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According to mass media reports the term for notification under CFC rules on 10% shareholding in a foreign company may be postponed from April 1 to September 1, 2015.

DATE: March 5, 2015 | AUTHOR: atlawyers

According to mass media reports the term for notification under CFC rules on 10% shareholding in a foreign company may be postponed from April 1 to September 1, 2015. Business community requested shifting the deadline provided by CFC amendments to the RF Tax Code  which was very short. Another request was to tie the CFC notification with announced “capital amnesty”, which, as expected, would allow not to disclose the source of capitals.

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