On February 26, 2024, Federal Law No. 39-FZ was published that has changed the time limit for ordering a tax audit of transfer prices.
The Law has amended Article 105.17(2) of the Russian Tax Code by dropping the restriction whereby a decision to order an audit of transfer prices may be made within two (2) years after the date on which the Russian Federal Tax Services receives notice from a taxpayer, or notification from a territorial tax authority, of controlled transactions.

Some significant changes in the regulation of transfer pricing came into effect on January 1, 2024.

On March 18 and 19, 2021, Anton Kabakov, partner at Forte Tax & Law, gave comprehensive lectures on transfer pricing at the International School of Business.

The latest conference Taxes 2021 organized by St. Petersburg International Business Association (SPIBA) was held on February 9, 2021.

The East Office of Finnish Industries held an online meeting last week with leading transfer pricing specialists in Russia.

An international tax planning online master class was held on June 10, 2020 at the Chamber of Tax Consultants. The Chamber of Tax Consultants is a community of leading tax consultants in Russia. Anton Kabakov, partner at Forte Tax & Law, made a presentation at this event on the broad topic of transfer pricing.

An East Office of Finnish Industries meeting of country directors was held on November 11, 2019 at the House of Finland. Anton Kabakov, partner at Forte Tax & Law, spoke to company directors about the main trends in transfer pricing.

The annual World Transfer Pricing rating compiled by International Tax Review was published not so long ago. We are pleased to announce that Forte Tax & Law transfer pricing practice was rated among the best in Russia.

Forte Tax & Law and the Finance Committee of St. Petersburg International Business Association (SPIBA) have launched a series of debating club events #SPIBATaxTalks.

The third transfer pricing case has not been long in coming[1], and it is the transactions of PAO Toliattiazot (further “TOAZ”) for supply of ammonia to a Swiss trader Nitrochem Distribution AG (further “Nitrochem”) that were scrutinized by tax authorities this time.