New VAT taxation rules for electronic services rendered by a foreign organisation to Russian organisations and/or sole proprietors (B2B operations) will enter into force on 1 January 2019 in accordance with Federal Law No. 335-FZ (the “Law”).
The Law substantially changes the landscape of taxation on transactions in the field of the digital economy and intensifies the administrative burden on intra-group transactions. Within the framework of a business breakfast, we plan to discuss not only the primary legislative amendments, unregulated issues and their consequences for business, but also to talk about the practical steps and business models that we believe will help to minimise tax risks during the period of uncertainty and to be definitively prepared for the new rules.
Date and Place:
13 December 2018 – Moscow, 7 Gasheka St., 2nd floor, Eversheds Sutherland
18 December 2018 – St Petersburg, Nevsky Pr. 62, 3rd floor, Eversheds Sutherland
Program:
09:30 - 10:00 Welcome coffee and registration of the participants
10:00 - 10:15 A history of the development of legislation regulating the taxation of electronic services in Russia and throughout the world
10:15 – 10:30 A picture of the results and trends of the “Google Tax” imposed in 2017 in relation to B2C; How applicable is this to B2B
10:30 - 11:00 The essence and goals of the amendments in relation to B2B, the principle elements of the amendments and their impact on companies’ business processes
11:00 - 11:30 Taxation of intra-group operations beginning in 2019; Unresolved and disputed issues
11:30 - 11:40 Legal liability and other adverse consequences as a result of not complying with the new rules
11:40 - 11:50 Perspectives for the development of subsequent legislative amendments; Conclusions and subsequent steps
11:50 - 12:00 Questions and Answers
For a fruitful discussion of these issues during the business brunch, please take the time answer six questions by filling out the questionnaire available at: https://anketolog.ru/s/203402/SpwjeY4J
Target audience:
The business brunch will be useful for financial directors, heads of tax practices, chief accountants, lawyers and other professionals dealing with the taxation of a company’s business.
Speakers:
‒ Andrey Grachev, Counsel and Head of the Tax Practice at Eversheds Sutherland Russia, member of the Expert Council of the Tax and Budget Committee of the Russian State Duma
‒ Anton Borisichev, Senior Associate, Tax Practice of Eversheds Sutherland in Russia
The business brunch will be conducted in Russian. Participation is free of charge.
Please confirm your attendance by 10 December 2018 by email to elizaveta.maiorova@eversheds-sutherland.ru or by calling +7 812 363 3377.
Space is limited. Therefore, the maximum number of participants from each company is 2 people.
If you know of colleagues in your company who may be interested in this topic, please feel free to forward this invitation.
We hope to see you!
We bring to your attention that Russian and Global Clients of Eversheds Sutherland enjoy priority registration.
Our business brunch series is a great opportunity to keep yourself up to date on the latest legislative changes and to discuss topical issues with colleagues. Topics cover all areas of corporate and business law, and are designed for lawyers, finance departments, HR departments, and other company employees working in the relevant department.
