Tax Messenger
Summaries of key tax and legal developments in legislation and case law and the latest issues affecting human resource management, prepared by B1's experts in Russia
VAT for STS users: life will never be quite the same
On 28 May 2024 the Ministry of Finance of Russia published Bill No. 01-06-12/03-49115 containing extensive amendments to the Tax Code of the Russian Federation regarding the calculation and payment of VAT by taxpayers that apply the simplified taxation system and the implementation of an amnesty for “business splitting”. On 3 June 2024 the Bill was submitted to the Budget and Taxes Committee of the State Duma. It is expected to be considered during June 2024.
04.06.2024
Tax reforms – a roundup of the Finance Ministry’s key proposals
On 28 May 2024 the Ministry of Finance presented the Government with a bill setting out a range of amendments to the Tax Code of the Russian Federation.
30.05.2024
New UAE FTA Corporate Tax Guide for investment funds and investment managers
The UAE Federal Tax Authority has released a corporate tax guide CTGIFM1 on Investment Funds and Investment Managers. The Guide discusses in detail how the corporate tax law should apply to investment funds, investors, and investment managers.
14.05.2024
A ray of light in the dark world of disputes over the inclusion of dividends in the customs value of goods
On 25 April 2024 the Twelfth Arbitration Appellate Court, ruling on Case No. 06-3555/2023, amended the trial court’s decision and partially upheld the importer’s claims for decisions to include dividends in customs value to be overturned.
27.04.2024
Case law on disputes over the inclusion of royalties and withholding VAT in the customs value of goods
Following the Russian Supreme Court’s rulings on Cases Nos. А09-1129/2021 and А09-1751/2021, case law on the issue of the inclusion of royalties in the customs value of goods has changed in favour of the customs authorities.
09.04.2024