BLCONS GROUP: 10.12.20 Business Tasting Event for CFOs and chief accountants “RESULTS 2020: KEY CHANGES IN TAX ADMINISTRATION, TRENDS IN TAX CONTROL”

By Invitation Only Business Tasting Event RESULTS 2020: KEY CHANGES IN TAX ADMINISTRATION, TRENDS IN TAX CONTROL Time: December 10th, 15.30 – 18.00 MSK Venue: business bar “Lublu”, Fontanka river embankment, 45

On December 3rd, the auditing and consulting company BLCONS GROUP holds by-invitation-only meeting for CFOs and chief accountants.

The event program will include the discussion of the changes, which should be considered in 2021 and related to tax control at the international and Russian levels. The discussion will focus on the results of 2020 and on the required measures of protection from the claims of the tax authorities.

FOREIGN ECONOMIC OPERATIONS

1. From January 1, 2021, Russia will start applying the MLI (Multilateral Convention on the Implementation of Measures Relating to Tax Agreements in order to counter the erosion of the tax base and the withdrawal of profits from taxation) in relation to 27 countries, including the United Kingdom, the Netherlands, Finland, and others.
   • A new procedure for applying preferential tax rates according to DTTs;
   • The impact of MLI restrictions on the obligations of Russian taxpayers.
2. OECD has developed transfer-pricing guidelines for financial transactions.
   • Criteria for loan relations;
   • Re-qualification of intra-group financing transactions in Russian practice: loans to the authorized capital, interest to dividends;
   • Financial functions and their onerousness;
   • Approach to determining market prices when issuing a surety and / or guarantee.
3. Change in DTT in terms of tax rates for payment of dividends and interest.
4. CFC – amendments to the Tax Code of the Russian Federation regarding taxation of profits of controlled foreign companies.

THE TAX DISPUTES AND LITIGATION REVIEW

1. Possibility of tax reconstruction when applying article 54.1 of the Tax Code of the Russian Federation: formation a legal position by courts in 2020.
2. Due Diligence in Counterparty Selection: A New Approach Shaped by the Supreme Court in 2020.
3. Letter of the Federal Tax Service 06.08.2020 № SHJU-4-13/12599@ “On certain issues of the taxation of intra-group services.”

Expert: Strigaleva Maria Aleksandrovna – Head of Audit and Tax Practice of BLCONS GROUP. Has 20 years of experience in the field of law, taxation, and audit. Practical experience includes the successful defence of clients’ interests in courts in economic, administrative, and tax disputes, providing legal support to enterprises, assessing and mitigating civil and tax risks.

To participate, you must register by phone (812) 571-11-12, or by email manager@blcons.ru.

Event coordinator: Busel Maria, head of the development department BLCONS GROUP, mobile: +7 (911) 703-14-50.

You can suggest additional questions for discussion by email manager@blcons.ru until December 1st, 2020.