Russia Revising List of Jurisdictions Without Adequate Information Exchange for CFC Purposes
The Russian Federal Tax Service is finalizing a draft order for a revised list of jurisdictions that do not have adequate tax information exchange with Russia, which would replace the list established by Order No. ED-7-17/914@ of 1 December 2023. The list applies in relation to the tax exemption for controlled foreign company (CFC) profits, which is not available if a CFC is located in a listed…
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