On 3 August 2018, the President of the Russian Federation signed Law No. 302-FZ “Concerning Amendments to Parts One and Two of the Tax Code of the Russian Federation”
Under the new Law domestic transactions will only be subject to transfer pricing rules where the contracting parties are domestic entities that are subject to different tax rates or special tax regimes and where the revenue from those transactions exceeds 1 billion rubles per year.
Specifically, only transactions between Dome…