OrbitaxPlans to reform transfer pricing legislation announced
|Proposed Changes|Russia
On 13 December 2006, the Deputy Minister of Finance, Sergey Shatalov, in a conference organized by the Association of European Businesses, announced plans to reform the Russian transfer pricing legislation in 2007-2008.
At present, transfer pricing provisions in Russia apply as summarized below.
The Tax Code allows the tax authorities to impose ar…
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