OrbitaxRussia's State Duma Approves Bill Amending Tax Administration; Considering Bill Amending CFC and Other Rules
|Proposed Changes|Russia
On 18 July 2018, the Russian State Duma (lower house of parliament) adopted Bill No. 249505-7 on improving tax administration in the third and final reading. The Bill includes measures to:
- Abolish transfer pricing control (audit) for domestic transactions and apply the thresholds that currently apply for domestic controlled transactions to cross-border transactions;
- Simplify VAT refund proce…
