The Russian Government has established a set of criteria that a JSC must meet to qualify for temporary rules providing relaxations regarding remote voting during general shareholders’ meetings. In particular, to benefit from these relaxations, the company must meet one of the following conditions: The JSC is included in the list of Russian entities entitled […]

Effective from 01.01.2025, the Decree of the Russian Government No. 1869 dated 23.12.2024, has come into force, prohibiting digital currency mining in a number of regions across Russia. Among these regions are: the Republic of Dagestan, the Republic of Ingushetia, the Kabardino-Balkarian Republic, and others. The restrictions will remain in effect for all regions until […]

In accordance with the Russian Tax Code, organizations which control foreign companies (CFCs) are obliged to file a CFC Notification to the tax authority by March 20, 2025. If an organization fails to file the CFC Notification within the specified period, it may be held liable to a fine of RUB 500,000 for each CFC. […]

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Starting from 01.01.2025, the Decree of the Russian Government No. 1466 dated 01.11.2024, has come into effect. This decree obligates individuals engaged in digital currency mining to provide information to the FTS about the digital currency received as a result of mining. The scope of the information to be disclosed is outlined in s. 5 […]

According to a notice published on the UK government’s website, the DTT will no longer be applied by the UK from the following dates: – From April 6, 2025 – for Income Tax and Capital Gains Tax. – From April 1, 2025 – for Corporation Tax. After these dates, only domestic tax law will apply, […]

On January 30, 2025, the Swedish government published a notice regarding the suspension of the DTT with Russia. Starting from February 10, 2025, Sweden will no longer apply the DTT. However, the Russian side has suspended the following articles of the DTT with Sweden: – Articles 5–22 – Article 24 – Articles 27–28 – Article […]

Vladislav Monakhov, Senior Associate at the law firm “Alimirzoev and Trofimov,” provided commentary in the article for the magazine “Kommersant” that Silmash may pay 0.5 billion rubles for the failure to deliver equipment.