The RF Federal Tax Service has drafted a letter demonstrating its position on criteria of recognition of an individual as RF tax resident. According to the Letter the fact that an individual stays in the RF for less than 183 days during 12 months does not lead to termination of Russian tax resident status if […]

For more info see the article.

The Moscow City Government in its Regulation dated 10.02.2015 has proposed to extend Law on participatory construction to lofts and studios which are not planned for residential use but are de-facto used as such. It is also proposed to establish requirement to perform expert examination of real estate objects if funds of individuals/legal entities are […]

Senior partner of AT Law Firm Sergei Alimirzoev will be speaking at International Conference “Private client strategies at the dawn of fiscal transparency” in Cyprus on February 4-5, 2015. Mr. Alimirzoev will deliver the following presentations: Russian FATCA; Assets Protection and Use of Trusts; New Russian CFC Rules and other developments. Slides of Mr. Alimirzoev’s […]

The European Council has obliged the EU states to amend its legislation in relation to tax exemptions before 31.12.2015. Companies not performing real economic activity will no longer be able to apply Parent-Subsidiary Directive dated 1990, according to which payment of dividends, for example, from a subsidiary located in Luxembourg, Latvia or the Netherlands to […]

01.04.2015 a new procedure of land plots seizure for state and municipal needs will enter into force. Federal Law dated 31.12.2014 №499-FZ (hereinafter – the “Law”) introduces a new chapter to the RF Land code establishing the procedure for seizure of lands for state and municipal needs. One of stages of seizure of lands is […]

The UK may set up public register of people with significant control in companies from January 2016. This was provided in the Small Business, Enterprise and Employment Bill, which is expected to be passed this year. The UK companies will be required to keep their own register of people with significant control (PSC) and to […]

For more info see the article.

The bill on amendments to the RF Administrative Code, according to which administrative offenses shall be divided into major, significant and less significant, was introduced to the RF State Duma. A major offense creates threat to human life and (or) health, the RF national safety. It may be punished by liquidation of a legal entity […]