RUSSIA
12.09.2024
Exclusion of EU Countries from the List for Exchange of Country-by-Country Reports with Russian Tax Authorities
Russia plans to exclude EU countries from the list of states for the exchange of country reports, which will entail additional reporting obligations for international companies.
RUSSIA
14.08.2024
New Law on Preserving Business Assets and Reducing the Risk of Fraud
The Russian Federation law comes into effect on September 1, 2024 and requires a notarized resolution when appointing the CEO of an LLC.
RUSSIA
15.07.2024
Tax Reform in the Russian Federation
From 2025, businesses will face an increase in income tax from 20% to 25% and changes to taxes for certain branches. Further notable changes include, among other things, the introduction of a five-stage progressive personal income tax scale and implementation of VAT for a segment of small businesses.
KAZAKHSTAN
10.07.2024
Important changes in tax law of Republic Kazakhstan
Amendments to the tax legislation include exclusion of the Principality of Liechtenstein from the list of offshore zones, changes on transfer pricing, exemption from the obligation to submit income tax returns.