Senior tax consultant at ALTHAUS Group Vladislav Donchenko  about the latest updates of the Russian concept of “beneficial owner” for the publication of the international network WTS.


Amendments aimed at simplifying administrative procedure for certain categories


The Russian beneficial ownership concept was introduced into Russian tax law in 2015 as a part of BEPS initiatives. Since 2017, foreign companies receiving Russian-sourced income and claiming treaty benefits are obliged to provide the Russian companies paying the income with documentary and economic evidence supporting their beneficial ownership right.


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