Taxes | ENR LAW

Russia lists nonfriendly Western countries as offshore

With effect from July 1, 2023, the Ministry of Finance of the Russian Federation by its decree expands…

Russia Proposes to Suspend Tax Agreements with nonfriendly States

The Ministry of Finance and the Ministry of Foreign Affairs of the Russian Federation have recently proposed the…

Russia was Added to the Amended European Black List of Countries for Tax...

At February 14, 2022, the European Council has updated its so-called Black List of ‘non-cooperative jurisdictions for tax…

OECD Issues an Administrative Guidance on Clarifying the Interpretation ...

The Organization for Economic Co-operation and Development (OECD) and the G20 Inclusive Framework on Base Erosion and Profit…

UAE updated its tax residency test for individuals

The UAE Cabinet of Ministers has issued a Decision dated September 2, 2022 (Effective March 1, 2023)[1] on “Determination…

UAE NEW CORPORATE TAX: A DETAILED ANALYSIS

December 09, 2022, the UAE have introduced a new law (Federal Decree-Law No. 47 of 2022) on the…

UAE Introduces a new Corporate Tax Law

December 2022, United Arab Emirates (“UAE”) have enacted a Federal Decree-Law No. 47 of 2022 on the Taxation…

Post-Brexit consequences: UK count founds Home Office’s interpreta...

Under the Brexit Withdrawal Agreement[1], the UK and the EU agreed that EU citizens in the UK and…

EU Adopts Directive on 15% minimal taxation imposed on big business, fol...

December 12, 2022, the Council of European Union has agreed on a Directive on ensuring a global minimum…

Russian Federal Tax Service excluded Switzerland and Cayman Islands from...

December 5, 2022, Russian Federal Tax Service (“FTS”) has updated its Order No. ЕД-7-17/986@[1] dated October 28, 2022 On…

Russia continues imposing countersanctions in response to Western countr...

On 20th of April 2022, the Russian Federation adopted the Law which sets forth restrictions for Russian credit…

UK announces new measures regarding tax cooperation with Russia and Belarus

On March 17th 2022, the UK government announced it would be freezing tax cooperation with Belarus and Russia.…

The Federal Service for State Registration, Cadastre and Cartography cla...

The Federal Service for State Registration, Cadastre and Cartography of the RF (“The Federal Service”) stated on March…

Russia imposes new measures to support local IT companies

The Russian Federation continues to introduce different measures in response to the sanctions imposed by the EU, UK,…

US has approved Hong Kong-related sanctions

US President Donald Trump has signed on July 14, 2020 an order to end preferential economic treatment for…

Change of Russia-Malta DTT – increase in withholding rates

News added 17.08.2020 On March 14, 2020 Russian Federation and Malta have agreed to amend the bilateral agreement for…

Russia revises its tax agreements

News added 11.08.2020 In March this year president of Russian Federation proposed imposing a 15% withholding tax on all…

US has approved Hong Kong-related sanctions

News added 22.07.2020 US President Donald Trump has signed on July 14, 2020 an order to end preferential economic…

The Government of the Russian Federation announced the start of the revi...

News added 13.04.2020 Following the decision of the President of the Russian Federation of December 16, 2019 on introducing…

The President of the Russian Federation announced new taxes on interest ...

News added 30.03.2020 On March 25, 2020 the President of the Russian Federation in his speech demanded to impose…

ITA increased the tax of warrants that depend on an exit or IPO

News added 19.12.2018 According to a new circular of ITA (No. 18/2018), high-tech employees’ income out of sale of…