Russia Revises List of Jurisdictions Without Adequate Information Exchange for CFC Purposes
The Russian Federal Tax Service has issued Order No. ED-7-17/914@, which provides a revised list of jurisdictions that do not have adequate tax information exchange with Russia, which replaces the list established by Order No. ED-7-17/987@ of 28 October 2022. The list applies in relation to the tax exemption for controlled foreign company (CFC) profits, which is not available if a CFC is locat…
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