Vladislav Donchenko, Senior Tax Consultant of ALTHAUS Group, presented an article for 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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