In April 2019, Russia ratified the Multilateral Convention to Implement Tax Treaty Related Measures to Prevent BEPS (the “Convention”). Starting from 2020, this document should be referred to when dividends, interest and royalties are paid to countries that have ratified the Convention.
“If a company is engaged in information technologies, in order to apply article 259(9) of the Russian Tax Code it ought to use an updated register of accredited companies which can be found on the website of the Russian Ministry of Digital Development, Communications and Mass Media (referred to in Russian as ‘Minkomsvyaz’)”, the Federal Tax Service advises.
Significant changes have taken place in employment and labour laws in 2019. In the light of these, companies should review their work rules and other internal regulations as to their compliance with legislation and in order to reduce the risks of liability being imposed when the State Labour Inspectorate conducts an audit. Acsour’s experts have drawn up a summary of the principal changes and adjustments to the work rules and other internal regulations.