Russian State Duma Approves Draft Legislation for CbC Report, Master File, and Local File Requirements

According to recent reports, Russia's State Duma (lower house of parliament) has approved a revised draft of the legislation for the introduction of Country-by-Country (CbC) report, Master file, and Local file documentation requirements based on BEPS Action 13 ({News-2017-08-04/P/2-previous coverage}).

The revised draft retains most of the provisions of the prior draft, although there are some key differences, including that the legislation will enter into force once published in the Offici…