We are glad to welcome you in the pages of our spring edition of “Korpus Prava.Analytics”.
The latest issue includes articles on various topics, including urgent matters of calculating CFC profits, definition of the international commercial arbitration and its essence; it also covers complex matters of tax and accounting legislation.
The practice in the field of controlled foreign companies in Russia has just emerged; therefore, the law on CFC is constantly amended and improved. Answers to the most frequently asked questions of taxpayers — controlled entities upon calculating the profit of a foreign company may be found in the article by the Director of IFRS Practice Julia Vints.
The article written by our lawyer Roman Moskovskikh covers expansion of powers granted to notaries, as well as peculiarities of notarial support for real estate transactions both in Russia and abroad.
Moreover, the latest issue will tell you about the most popular method of resolving cross-border commercial disputes — International Commercial Arbitration (ICA). You will learn about its existing types and most renowned institutions.
In June 2015, EU Directive 2015/849 “On the Prevention of the Use of the Financial System for the Purposes of Money Laundering or Terrorist Financing” became effective. This Directive focuses on a risk evaluation approach as part of AML/CTF system of the European Union. This approach is described in more details in the article by the Chief Compliance Officer Irina Otrokhova.
We hope that materials in this issue will be useful to you and your business. We look forward to your recommendations and questions, and we will do our best to cover them in our next edition or news article on our website or Facebook page.