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President signs law on deoffshorization of Russian economy
Russian President Vladimir Putin signed a law on the need to notify the tax authorities about participation in foreign companies aimed at de-orphotizing the Russian economy. Document posted On the official Internet portal of legal information.
The law provides for the creation of a mechanism for taxing the profits of offshore companies. The concepts of "controlled foreign company" and "controlling person" are introduced. Controlling persons are required to send a notification to the tax authority about their participation in foreign organizations, as well as about foreign companies controlled by them, and submit a tax return.
Previously, the law was approved by the State Duma in the second and third readings