Tax and Financial Agreements between Russia and Switzerland

28 September, 2011

A memorandum on bilateral cooperation between the two countries, Russia and Switzerland, has been signed on financial matters. It was reported on the occasion of the annual International Monetary Fund meeting held in Washington, on 28 September

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Authorities’ use of net-back approach in transfer pricing case has been overruled by the Russian Court

15 July, 2011

The Federal Arbitration Court of the Moscow Region rejected the Russian Tax Authorities’ attempt to adjust a taxpayer’s transfer pricing by applying the net-back approach. The net-back method are applied to oil production and operates by taking

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