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Results: 1-9 of 9

Primary accounting documents must be kept for the entire loss carry-forward period

  • CMS, Russia
  • -
  • Russia
  • -
  • August 31 2012

On 24 July, the Supreme Commercial Court of the Russian Federation (the “SCC”) reviewed a case on assessing an organisation’s additional profit tax, as the organisation did not have the original documents to confirm the losses it had claimed to have incurred

Permanent establishments should consider case law when accounting for expenses incurred abroad

  • CMS, Russia
  • -
  • Russia
  • -
  • August 31 2012

In July, the Federal Tax Service (the “FTS”) clarified that when a company’s permanent establishment in Russia accounts for expenses incurred by the company outside Russia, it must (i) adhere to the provisions of the respective international treaties on avoidance of double taxation and Russian tax law; and (ii) consider the position of the Supreme Commercial Court of the Russian Federation (the “SCC”) regarding the possibility of accounting for such expenses

Ministry of Finance clarifies the application of the zero tax rate on dividends

  • CMS, Russia
  • -
  • Russia
  • -
  • August 31 2012

On 16 July, the Ministry of Finance of the Russian Federation (the “Ministry”) reminded taxpayers that as of 1 January 2011, a new version of the Tax Code of the Russian Federation (article 284) came in to force

Supreme Commercial Court indicates that product-placement bonuses are not subject to VAT

  • CMS, Russia
  • -
  • Russia
  • -
  • February 29 2012

On 7 February 2012, the Presidium of the Supreme Commercial Court of the Russian Federation (the “SCC”) reviewed a case relating to retailers’ paying VAT on bonuses paid by suppliers

Federal Commercial Court confirms that sales bonuses are exempt from VAT

  • CMS, Russia
  • -
  • Russia
  • -
  • September 30 2011

The Federal Commercial Court of the Moscow Circuit (the "Court") has once again ruled in favour of a company in respect of payment of bonuses for attainment of specific sales volumes

Gift certificates indicated as not generating taxable income

  • CMS, Russia
  • -
  • Russia
  • -
  • June 30 2011

The Ministry of Finance of the Russian Federation (the "Ministry") has indicated that gift certificates do not generate taxable income at the time of sale, because they are treated as the prepayment of goods and not as goods themselves

Deducting R&D expenses is simplified

  • CMS, Russia
  • -
  • Russia
  • -
  • May 30 2011

On 25 May 2011 the upper house of the Russian parliament, the Federation Council, approved the draft law (the "Draft Law") clarifying the rules for deducting expenses for research and development ("R&D"

Supreme Arbitration Court requires tax authorities to attach supporting documentation to tax audit reports

  • CMS, Russia
  • -
  • Russia
  • -
  • March 31 2011

The Supreme Arbitration Court of the Russian Federation (the "SAC") recently ruled that the tax authorities are now required to attach all documents to a tax audit report to support a tax violation

Supreme Arbitration Court makes requirements more stringent for applying double tax treaties

  • CMS, Russia
  • -
  • Russia
  • -
  • March 31 2011

In a recent decree, the Supreme Arbitration Court of the Russian Federation (the "SAC") indicated that a foreign company's registration documents are not sufficient to prove that the company is actually permanently resident where it is registered