Personal Income Tax on Fixed CFC Profits: Have the Dysfunctional Rules been Remedied?

Journal
Tasalov, K.
Russia
European Taxation 2021 (Volume 61), No. 4
FormatPDF
EUR
40
| USD
45
(VAT excl.)

Russian taxation of CFC profits has been modified such that individuals are entitled to opt for personal income taxation on a deemed profit of a CFC. This note addresses the regime, focussing on situations in which CFC taxation would not be imposed.