On Monday, February 28th, Acsour performed at the Finance Committee of International Business Association SPIBA with a presentation “Tax on Google”.
The meeting was dedicated to the recent changes in taxation and analysis of their impact on business and investment environment in Russia. Speakers of the event were presented by tax experts from PwC, Awara Law, Interfax and others.
The topic of Acsour presentation – “Tax on Google” – was centered on one of the most discussed legislation topics in 2017. According to the law, starting from January 1st, 2017 foreign organizations which render services in electronic form in the territory of the Russian Federation shall register in tax authorities of the Russian Federation and pay value-added tax.
The presentation covered such questions as the effect of imposition of the tax on Russian and foreign organizations, the variety of electronic services which are applicable to the tax and actual taxpayers of the “Google tax”.