Obligation to notify the Inspectorate of the Federal Tax Service of participation in foreign organisations.
The order No.MMV-7-14/177@ dated 24.04.2015 “On approving the form and format for electronic presentation of a notice of participation in foreign organisations (establishment of foreign structures without creation of a legal entity) and the procedure for completing the form and for electronic presentation of notice of participation in foreign organisations (establishment of foreign structures without creation of a legal entity)” sets out the form, electronic format, and procedure for completing and presenting a notice of participation in foreign organisations.
The notice must be submitted by taxpayers (individuals and organisations) if their participation in a foreign company exceeds 10% and by the founders of a foreign structure, i.e. the persons who control the structure and (or) have rights to receive income from it in the event of distribution.
The notice must be presented to the tax agency at the taxpayer’s place of residence (location) (large taxpayers submit notices at their place of registration).
Pursuant to amendments to the Russian Tax Code, the notice in relation to participation in foreign organisations (creation of foreign structures without formation of a legal entity) in 2015 must be presented as of 15 May 2015 with a deadline no later than 15 June 2015.
If participation in a foreign company has been terminated and the foreign structure has been liquidated during the period from 1 January to 14 June 2015 (inclusive), no notice is made. In other cases the document must be provided no later than 1 (one) month after the date of participation (change of participation) in the foreign organisation.