A special recording procedure for certain securities will be in effect until the end of 2025
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07.01.2025
LISTS OF COUNTRIES PARTICIPATING IN THE EXCHANGE OF TAX INFORMATION WITH THE RUSSIAN FEDERATION, AS WELL AS THOSE NOT PROVIDING SUCH EXCHANGE, HAVE BEEN UPDATED
New lists of states (territories) have been approved:
- states (territories) with which automatic exchange of financial information is carried out. The list includes 63 countries and 12 territories.. It includes Armenia, Cameroon, Rwanda and Jamaica, as well as the territory of Niue.. The 26 EU member states that unilaterally stopped the automatic exchange of financial information with Russia have been removed;
- states (territories) with whose competent authorities automatic exchange of country reports is carried out. EU countries that have unilaterally stopped the exchange are removed. Albania, Cameroon, Dominican Republic, Mauritania, Papua New Guinea, the territories of Montserrat and the Faeroe Islands have been added;
- states (territories) that do not provide for the exchange of information for tax purposes with the Russian Federation. It now includes 117 countries and 14 territories..
It is instructive to recall that the profit of a controlled foreign company is exempt from taxation if the permanent location of such a controlled foreign company is a state with which the Russian Federation has an international agreement on taxation issues, with the exception of states that do not ensure the exchange of information for tax purposes with Russia.
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