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Russian Court Ruling Clarifies Deductibility of Head Office Expenses Allocated to a Permanent Establishment of a Partnership

|Approved Changes|Russia
Russia

A recently published Russian Court ruling clarifies the deductibility of head office expenses allocated to a permanent establishment (PE) of a partnership in Russia. In general, Russia's Tax Code does not allow for the allocation of head office expenses to a PE in Russia. Only direct expenses incurred by a PE are typically allowed as a deduction. However, a number of tax treaties entered into b…

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