Russia
Authorities must ensure that Russian firms do not use transfer pricing schemes to increase profits made from oil sold in different markets, advocacy organisations have argued
Russia suspended 38 tax treaties in response to the EU blacklisting the country after the 2022 invasion of Ukraine.
Russia will further its own economic isolation by suspending tax treaties with former allies, but this is part of Putin’s long-term mission.
Impacted countries include many EU member states, as well as Australia, Japan, South Korea, the US and some low-tax jurisdictions.
Sponsored
Sponsored
-
Sponsored by KPMG RussiaDmitry Garaev and Anastasia Avdonina analyse the Russian Federal Tax Service's interpretation of the concept of beneficial ownership. -
Sponsored by KPMG RussiaRussia: Russia adopts OECD BEPS 13 rules on three-tiered approach for transfer pricing documentationIn December 2017, Russia passed into law the three-tiered approach for transfer pricing (TP) documentation in accordance with OECD BEPS Action Plan 13.
