The autumn has come, the last leaves are falling off, and the weather does not always bring joy… The warmth, a cup of hot tea and interesting reading become more and more attractive for us.
Just like the leaf fall every autumn strikes by the variety of colors, the next issue of “Korpus Prava.Analytics” presents its readers a palette of relevant legal information.
This autumn issue is dedicated to CRS and FATCA. Due to the multilateral agreement of the competent authorities on the automatic exchange of financial information, starting from December 31, 2018, the automatic exchange of tax information will be based on the Standard for Automatic Exchange of Information on Financial Accounts (Common Reporting Standard (CRS)) developed by the OECD. This standard specifies content and technical details of the information exchange process. In the pages of our magazine, you will learn about some significant changes that are to be developed and introduced in the legislation of the Russian Federation this year.
Irina Otrokhova, our lawyer, tried to give the reader a basic understanding of the principles of tax information exchange within FATCA, as well as to familiarize with the existing models of intergovernmental agreements and mechanisms of tax information transfer. Is there any chance to hide information about oneself?
We continue to acquaint you with the innovations in the Russian legislation. Yana Karausheva, our junior lawyer, will tell how the Russian VAT keeps up with the time, what new rules of VAT taxation are to emerge in 2017 and what consequences they have for foreign organizations.
Why there is a need to introduce new legal constructions of contracts in the Russian Federation legislation, including the constructions of an option contract? How life insurance abroad can help you in Russia? Why Hong Kong is a new haven for Russian mutual funds? We are pleased to provide you answers to these difficult questions.
Enjoy your reading and see you in the pages of “Korpus Prava.Analytics”!