Russian Lower House Considering Legislation for Measures on BEPS, Corporate Reorganizations, and Other Changes

The Russian State Duma (lower hour of parliament) is currently considering draft legislation for the implementation of a number of tax reform measures. This includes:

• The amendment of transfer pricing rules for the valuation of intangibles in line with BEPS Action 8-10 (Transfer Pricing);
• The implementation of rules on mutual agreement procedures (MAP) in line with BEPS Action 14 (Dispute Resolution);
• The introduction of new rules on loss accounting and VAT obligation continuity in corporate…