Criminal liability is being introduced for non-payment of insurance contributions

LEGAL DIGEST \ 13.08.2017

A taxpayer’s liability for failure to pay insurance contributions has become more stringent since 10 August 2017. Where there are large arrears, CEOs of companies will face criminal liability.

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Members of international groups of companies will be obliged to submit additional information to tax authorities

LEGAL DIGEST \ 11.08.2017

A draft law provides that companies should submit information regarding their membership of an international group, as well as country-specific information and other financial data.

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A tax agent is permitted not to withhold a profit tax if a foreign counterparty submits a certificate of residency after income is paid

LEGAL DIGEST \ 10.08.2017

The Russian Supreme Court has advised that, when income is paid to a foreign legal entity, it is permitted not to withhold tax even if the document is not available at the date of payment confirming the foreign counterparty’s permanent residency abroad, i.e. a certificate of residency.

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