The Russian Ministry of Finance has published Letter No. 03-03-06/1/82087 of 13 November 2018 concerning the valuation for tax purposes of assets received as a contribution to the authorized capital of a company from a non-resident company. The letter clarifies that when a contribution is made by a non-resident, the recognized value is the documented expense for the asset acquisition, taking into account the accrued depreciation for tax purposes in the non-resident's country of residence. The…