Russia’s Finance Ministry, on 6 March 2017, released a new draft version of legislation to amend part one of the Tax Code of the Russian Federation and implement the automatic exchange of financial information with foreign countries (territories) for tax purposes under the common reporting standard (CRS) regime.
The draft legislation is open for review by other government bodies until 14 April 2017.
Read a March 2017 report [PDF 75 KB] prepared by the KPMG member firm in Russia
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