The Russian Federal Tax Service is currently consulting on an amended list of jurisdictions that do not have adequate tax information exchange with Russia, which affects the Russian tax exemption for controlled foreign company profits. Under Russian law, an exemption from tax is provided for the profits of CFCs meeting certain conditions ({News-2015-10-30/A/4- previous coverage}), unless the CFC is resident in a listed jurisdiction. The amended list includes 128 jurisdictions that have eithe…