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Legal Briefing
Russia's transfer pricing rules: changes to the country's Tax Code set to come into force
Practice Area: Corporation Tax
Sector: Business services
Jurisdiction: Russian Federation
Published: 09 August 2011
Law Firm: Pepeliaev Group
Overview
On 22 July 2011, a new Russian federal law was published which makes extensive amendments to the Russian Tax Code with regard to transfer pricing rules.
Such amendments are due to come into force on 1 January 2012, so the Russian Federal Tax Authority has already created a new department of transfer pricing and international cooperation.
Staff of this department will be drawn not only from public officials, but also from private businesses. In this briefing, Pepeliaev looks at the consequences of the amendments.
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