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Russia Significantly Expands Tax Havens List to Include EU Countries, the UK, the U.S., and Several Other Countries

|Approved Changes|Russia
Russia

Russia has published Order No. 86n of 5 June 2023, which approves a new list of states and territories (jurisdictions) that provide a preferential tax regime and/or do not provide for the disclosure and provision of information on financial transactions (offshore zones / tax havens). The main impact of a jurisdiction being listed is that Russia's participation exemption will not apply with res…

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