The Russian Federation Council has accepted draft law, No. 714002-6 on 3rd June 2015 that contains changes to the Controlled Foreign Company (CFC) rules and the tax residency idea. It was signed by the President and officially published on 8th June 2015. The key features of this draft law are given below:

  • New requirements for the determination of a controlling party of a foreign structure
  • Meaning of an active foreign holding company and
  • Meaning an active foreign sub-holding company.