The government approved the bill to amend the Tax Law. These were designed to close a number of tax evasion loopholes, particularly to tighten control over pricing in transactions between interdependent companies. This was reported by RBC.
The changes envisage increasing the penalties for violations of transfer pricing rules. For foreign economic transactions, the penalty will be at least 500 thousand rubles. The list of people who can be considered codependent is also expanding. For example, it would include foreign companies controlled by a single controlling person.
Additionally, a 15% tax is imposed on all services and work provided to Russian companies by foreign independent firms. This is effectively equivalent to betting on dividends. According to experts, the most sensitive issue for the business world will be the increase in penalties due to the use of non-market prices. Taking into account penalties, it can reach 300-400% of the outstanding amount.
Before that, the Federation Council approved Tax advantages for talented young people and mothers.
Previously in the USA elongated Permission to pay taxes in Russia for American citizens.