SEAMLESS Legal | Russia | 31 Aug 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......
SEAMLESS Legal | Russia | 31 Aug 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.
SEAMLESS Legal | Russia | 31 Aug 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.
SEAMLESS Legal | Russia | 29 Feb 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.
SEAMLESS Legal | Russia | 30 Sep 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.
SEAMLESS Legal | Russia | 30 Jun 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.
SEAMLESS Legal | Russia | 30 May 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").
SEAMLESS Legal | Russia | 31 Mar 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.
SEAMLESS Legal | Russia | 31 Mar 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.