Are there any tax benefits for foreign companies realizing their activity in the territory of the Russian Federation?
Preferred taxation treatment in relation to income indicated in cl. 1 of art. 309 of the Tax Code of the Russian Federation is applied under the following conditions (art. 312 of Tax Code of the Russian Federation):
1) The international contract (agreement) regulating taxation issues is concluded between the Russian Federation and the corresponding foreign state;
2) Preferred taxation treatment is established by this international contract (agreement) in respect to special type of income, named in cl. 1 of art. 309 of the Tax Code of the Russian Federation;
3) Foreign organization must adduce to Fiscal Agent corresponding confirmation of its tax resident status of the state which the Russian Federation concluded a contract (agreement) with, that regulates taxation issues.
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