On 25 February 2014, during the meeting of the Federal Tax Service Board, Finance Minister Anton Siluanov announced that Russia’s Ministry of Finance was preparing new model DTA and was going to revise those in force.
Ministry of Finance plans to implement the following de-offshorisation measures into Russian tax legislation:
Also Russian Finance Minister noted that by agreement with G20 an exchange of tax information by request gives place to an automatic one.
Mr. Siluanov declared that new initiatives to be discussed in the State Duma, lower house of Russia’s parliament, within 2 months period.
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