ProsperoScope is a newsletter of Deloitte’s Private Client Service team. This newsletter presents recent and upcoming changes in Russian and international tax legislation, and information about trends and interesting developments in the private client world.
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18 September 2014
From 1 January 2015 all individuals considered to be residents of the Russian Federation in accordance with the Russian currency control legislation (“currency control residents”) will be obliged to provide the tax authorities with statements of the movement of funds on their accounts (deposits) opened with banks located outside the territory of the Russian Federation (“foreign bank accounts”).
10 September 2014
On 2 September 2014 the latest edition of the Draft Law on taxation of the profits of controlled foreign companies was published on the official website of the RF Ministry of Finance.
Please find attached the latest issue of Legislative Tracking in Focus discussing the latest edition of the Draft Law on CFCs, dated 26 August 2014
19 June 2014
On 4 June 2014 the President of the Russian Federation signed Federal Law No. 142-FZ “On amendments to Articles 6 and 30 of the Federal Law ‘On Russian citizenship’ and some other legislative acts” (hereinafter, “the Law”). Published on the same date, the Law will take effect 60 days thereafter.