cryptohunter
Active member
- PPF Points
- 1,430
In Russia offshore companies may not get the same tax benefits as local ones. The government is fighting tax evasion and wants more transparency.
They made rules like Controlled Foreign Company rules, to tax income kept in low-tax places by Russian residents. The goal is to stop using offshore entities just for tax tricks.
Russia also joined global efforts to share financial info making offshore tactics less effective. Tax laws change so talk to local experts for the latest on tax breaks for offshore companies in Russia.
They made rules like Controlled Foreign Company rules, to tax income kept in low-tax places by Russian residents. The goal is to stop using offshore entities just for tax tricks.
Russia also joined global efforts to share financial info making offshore tactics less effective. Tax laws change so talk to local experts for the latest on tax breaks for offshore companies in Russia.