Patriarch Kirill urges compatriots to cherish spiritual ties with homelandSociety & Culture December 04, 2:40
Fidel Castro’s funeral to be held in Santiago de CubaWorld December 04, 1:50
38 ceasefire violations by militants reported in Syria in 24 hoursRussian Politics & Diplomacy December 04, 1:23
Boxer Gassiev beats Lebedev to become IBF cruiserweight world champSport December 04, 0:47
Uzbekistan to hold presidential electionWorld December 04, 0:45
Ukraine does not need position of president - TimoshenkoWorld December 03, 23:52
Russian Orthodox Church head arrives in France on pastoral visitSociety & Culture December 03, 23:45
Russia, Turkey should trade in national currencies, Erdogan told PutinWorld December 03, 23:43
Putin wishes success to Thailand's new kingRussian Politics & Diplomacy December 03, 21:08
MOSCOW, January 14 (Itar-Tass) - Russian Ministry of Economic Development (MED) proposes levying taxes on Russian residents’ earnings from stakes in offshore companies as part of a planned tax policy.
According to the document, the MED suggests “including earnings from direct or indirect ownership in offshore companies in residents’ tax base”. The ministry believes this measure similar to the U.S. CFC rules will help cease tax evasion by means of registering controlled ‘centres of profit’ in offshore companies that accumulate profit for further repatriation and redistribution within holding bypassing tax payments in Russia.
Experts at the Gaidar Institute propose agreements with other states for levying corporate tax on earnings gained on their territory by Russian residents and transferring funds to the Russian budget without disclosure of information about beneficiaries.