News

The annual CFO Conference of the German-Russian Chamber of Commerce Abroad will take place on Tuesday, June 25, 2024 at 13:00 Moscow time in Moscow at the Ararat Park Hyatt Hotel.

The event is exclusively offline.

Stimulating discussions on important tax and other topics with representatives of tax authorities and companies as well as experts and consultants are expected.

The event will be held in Russian, no translation will be provided.

St. Petersburg State University invites to participate in the II Scientific and Practical Conference “International Taxation in Russia” on May 23-24, 2024.

The conference is scheduled to discuss topical theoretical and practical issues related to international taxation in Russia, including:

taxation under partial suspension of double taxation treaties;
analysis of the practice of application of double tax treaty rules by Russian courts;
issues of qualification of payments as dividends for the purposes of application of double tax treaties;
development of approaches to the concept of actual right to income;
the role and risks of a tax agent in the application of double taxation treaties, development of the practice of unjust enrichment recovery in connection with the application of treaties;
procedural issues in the application of double taxation treaties;
new international tax treaties as a tool for the development of economic cooperation with partner countries.

Valeria Khmelevskaya, Partner at Brand & Partner LLC, will report the topic “Current Tax Realities: Russian and EU Blacklists, Partial Suspension of SIDNs and Reaction of ‘Unfriendly’ States”.

Program in Russian

The AEB Taxation Committee holds a webinar “Update on Personal Income Tax for Foreign Persons Working in Russia and Russian Citizens Working Abroad”.

The event will take place online on Thursday, April 4, 2024, from 10:00 to 12:30 via ZOOM.

During the event, the experts will cover DTA suspension and its implications for foreign citizens working in Russia and Russian citizens working abroad, tax problems and risks for employers and employees, as well as currency legislation issues for employers (settlements with remote workers) and for Russian citizens working abroad:

Donat PODNYEK, Partner, Kept;
Sergei ZHESTKOV, Partner, Melling, Voitishkin & Partners;
Gueladjo DICKO, Partner, B1;
Valeria KHMELEVSKAYA, Head of AEB Taxation Committee’s working group on international operations, Partner, Brand & Partners.

Program in .pdf

By its Resolution No. 164 dated 7 March 2024, the Government of Belarus has significantly modified the conditions for investors from so-called 'unfriendly countries'.

The income tax rate of 25 per cent will be imposed on dividends of members/shareholders of Belarusian economic entities from 'unfriendly countries'. The rate will be tentatively in effect from 1 April 2024 to 31 December 2026. It will also apply to foreign entities that do business in Belarus through a permanent establishment (permanent representative office).

Currently, the income tax on dividends is 15%.

Full text in .pdf

The Tax and Financial Reporting Committee of the Russian-German Chamber of Commerce holds an annual tax conference, which focuses on current changes in tax legislation and law enforcement practice. Representatives of tax authorities, tax consultants and other experts speak about them.

In addition to highly specialized issues, the conference regularly discusses the following topics:
- major changes in tax legislation;
- tax policy trends;
- key court decisions in the tax sphere;
- current changes in the taxation of the digital economy in Russia.

The event will take place on Thursday, February 8, 2024, offline at 13:00 at the Moscow office of the Russian-German Chamber of Commerce, as well as online.

Program in GERMAN

Registration

The Order No. 326 of the President of the Republic of Belarus of 19 October 2023 established that stakes/shares in authorized capitals of Belarusian legal entities, Belarusian enterprises and immovable property that are located in Belarus and belong to foreign legal and physical persons from so-called "unfriendly countries" ("Foreign Investors") may only be alienated by permission from the Council of Ministers of Belarus. Moreover, it will be necessary to pay an „exit tax” in amount of at least 25 % of the market-based value of the stakes/shares in authorized capitals of Belarusian entities or immovable property.

19 January 2024 came into force a Regulation of the Council of Ministers of Belarus dated 12 January 2024 which has set conditions and procedures for obtaining such permission.

Full text in .pdf

The Ministry of Finance has identified measures to reduce the negative consequences for business of the suspension of double taxation agreements with Western countries. Because of this, Russian business risks paying more tax on payments to "unfriendly" countries. In fact, the Finance Ministry proposed to return the previous tax exemptions on several types of payments. In addition to interest on loans and royalties for software, the list includes payments for the lease of aircraft, the purchase of sea vessels and the broadcasting of Western content

Full text in .pdf

Source

On Tuesday, September the 19, 2023, at 11:00 a.m. CET, in German and online (in Zoom), Brand & Partner will hold its next online seminar:

Topic: "Consequences of the suspension of the German-Russian double taxation treaty".

Seminar held by:

Valeria Khmelevskaya
Lawyer and tax advisor, partner
Chairwoman of the Committee on Taxes and Accounting
of the German-Russian Chamber of Commerce (AHK)

Thomas Brand

Lawyer, Partner

Vice-Chairman of the Legal Committee of the

German-Russian Chamber of Commerce (AHK)

Registration per e-mail anna.schach@bbpartners.de

On August 31, 2023 the AEB Taxation Committee will be held an online webinar “Key Updates in Taxation: DTA Suspension, Expansion of MinFin "Blacklist", Windfall Tax”.

Recent months have brought a number of amendments in tax legislation such as suspension of DTA’s main provisions, extension of “blacklist” of the Russian Ministry of Finance (MinFin Order 86n of 5 June 2023) and windfall tax. During the webinar the AEB experts will share their knowledge and expertise on these matters. The working languages of the event are English and Russian. Interpretation will be provided.

The event will take place via ZOOM from 10:00 to 12:00.

Registration here.

Program of the event in ENGLISH.

The webinar is free of charge for all AEB Members.

On July 6, 2023, Thursday, from 12:00 to 18:30 in the AEB Conference Center will be held the traditional mid-year event “Tax Conference. Trends and Prospects”.

The conference will highlight recent and upcoming amendments to the Russian taxation legislation and administration. The agenda includes issues related to international taxation and cross-border transactions, tax control and administration, trends in court practice development and many more. The event will provide an excellent platform for discussion and exchange of knowledge by professionals. A number of AEB experts will share their expertise and will give recommendations on important tax matters.

The working languages of the event are English and Russian. Registration under this link.

Program of the event in ENGLISH.

The event takes place in the AEB Conference Center

(Butyrsky Val St. 68/70 b.1, 1st floor, office 13, Moscow

Registration starts at 11.30 a.m.

On Tuesday, the 20th of June, 2023 at 10:00 will be held a webinar on the impact of the European sanctions on the activities of Belarusian business entities, which is organized by the Representative Office of the German Economy in the Republic of Belarus with the expert support of the law firm Brand & Partner Belarus.

The webinar will provide an overview of the current sanctions restrictions in the sphere of import and export of goods, consider the practical aspects of making payments with the EU, as well as the issues of emerging responsibility for violations of the sanctions regime.

The language of the event is Russian with translation into German, English is not provided.

Registration under this link.

The annual conference of the Russian-German Chamber of Commerce for CFOs will be held on Wednesday, June 21, 2023 at 13:00 Moscow time at the Ararat Park Hyatt Moscow (registration 12:30).

Scheduled discussions on the most important tax and other topics with the participation of tax authorities and business representatives, experts and consultants.

The event will take place offline. The language of the event is Russian.

You can find the program of the event under this link.

The Tax and Financial Reporting Committee of the Russian-German Chamber of Commerce together with the Interregional Inspectorate for Major Taxpayers Nr. 1 is holding a round table on "Tax monitoring. Advantages and development prospects".

The event will take place at 11:00 Moscow time offline at the Moscow office of the German-Russian Chamber of Commerce Abroad and online via Zoom.

You can find the program of the event under this link.

The language of the event is Russian, translation into German or English is not provided.

To the registration