Home page Media Legal alerts 356 days until tax audits for IT companies begin: main risks to consider and key preparations to make

356 days until tax audits for IT companies begin: main risks to consider and key preparations to make

The current legislative regulations on corporate income tax do not explicitly address which tax rate will be applied from the beginning of 2025. Judging solely from the text of paragraph 1.15 of Article 284 of the Tax Code of the RF, it follows that the 0% tax rate won’t be applied from the beginning of 2025 which necessarily entails that the general tax rate of 20% will.

In this legal alert, the lawyers of BIRCH LEGAL analyze the current situation and give recommendations on how to avoid significant financial and reputational losses as well as how to promptly make informed management decisions.

 Open PDF

Other legal alerts

Foreign shareholders of large companies may be restricted in their corporate rights
6 February 2023

On 17 January 2023, the President signed Decree No. 16 “On an interim procedure for the governing bodies of certain Russian companies to adopt resolutions.”

New requirements for clearing share deals and pay dividends
30 December 2022

On 30 December 2022, Sub-Commission of the Government Commission on control of foreign investments in Russia established new rules for clearances.

The Supreme Court clarified the Rules for compensation of moral damage
12 December 2022

On 15 November 2022, the Plenum of the Supreme Court of the Russian Federation adopted Resolution No. 33 “On the practice of application by courts of the norms on compensation for moral damage.”

Roskomnadzor published requirements for assessment of data breach impact and data destruction
8 December 2022

On 29 November 2022 as a follow-up to amendments introduced in July of 2022 to the Federal Law “On Personal Data”, Roskomnadzor published clarifications.

Russian government clarifies the procedure for approval of transactions with shares in Russian LLCs for foreign companies
3 October 2022

On 19 September 2022, following the directive given by Presidential Decree No. 618, the Government of the Russian Federation adopted amendments to the Resolution of 6 March 2022 No. 295.

Subscribe