Taxand Netherlands & Russia 'Dutch-Russian cross-border transactions' Seminar
The new Russia transfer pricing law was passed in the first reading on 19 February. It will have significant impact on existing cross-border trade. Taxand Russia and Taxand Netherlands organised a client seminar to discuss the major features and implications of this draft law and other Russian international tax developments in Amsterdam on 8 March 2010.
During the seminar Roustam Vakhitov of Taxand Russia, updated attendants on the new Transfer Pricing Law, anti-treaty shopping measures and considered typical risks of existing Russian tax planning solutions, including implications of the application of beneficial ownership test. Marc Sanders of Taxand Netherlands, commented on these typical risks from a Dutch perspective and delivered a presentation on Dutch innovation box as an alternative solution to traditional Russian licensing structures.