Deoffshorization

The term "deoffshorisation" has begun appearing in media since the end of 2012, when president of Russia Vladimir Putin called for more measures against outflow of capital abroad. Talks about potential anti-offshore laws hanged in the air, but ...

The changes in Russian tax legislation introduced in November 2014 target collecting taxed from foreign companies that are controlled by Russian residents, or so-called Controlled Foreign Companies (CFC). All the CFCs will be subject to taxation, ...