The Government of the Russian Federation has published Decree No. 184 of 21 February 2018, which amends Decree No. 805 of 14 August 2014 on the conclusion of agreements for the exchange of information in tax matters.
The changes include the conclusion of bilateral agreements on the exchange of country-by-country reports (CbC) and information on financial accounts under the OECD Common Reporting Standard (CRS) and the bilateral model agreements.
The decree similarly amends Russia’s model tax information exchange agreement with the addition of Article 5(1) and 5(2) on automatic exchange and spontaneous exchange, respectively.
Russia has signed both the Multilateral Competent Authority Agreement on the exchange of Country-by-Country reports and the Multilateral Competent Authority Agreement on Automatic Exchange of Financial Account Information, which operate under the Mutual Assistance Convention.
