To the Russian business will allow to transfer to itself foreign assets without payment of taxes

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To Russians who own assets through the controlled foreign companies (KIK), will allow to transfer them to itself without payment of taxes, report daily business newspaper "Vedomosti" with reference to a package of amendments of the government to the Tax code. In the first reading the law adopted on March 11. The measure will concern the income from the transfer on securities and shares in authorized capital of the Russian companies, shares of investment funds the Russian management companies, the state securities Russian Federation and Belarus, regions and municipalities Russian Federation. Earlier when carrying out such operation it would be necessary to pay the personal income tax from market cost...
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Marina Belyakova
Last position: Tax partner of the EY company
7
Chochiev Alexander
EY
Main activity:Finance
14