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Russian Law on "tax repatriation" in force from 2015

Date: 09-12-2014
The Russian law on "tax repatriation" has been signed by the Russian President and will come into force from 2015.
This new law will occur the following obligations:
1. Russian individuals who legally keep control over foreign structures, including non-corporate, will have to disclose that to the Russian tax authorities
2. Any profits received by foreign structures controlled from Russia will be taxed in Russia.

For more information please contact to our company lawyers info@bbnplaw.com
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