LAWYERS. TAX CONSULTANTS.

2021 year - 22 years delivering top-class legal services

Новости

22.08.21

August 22, 2021 There have come into force amendments to Law No. 4015-1 of the Russian Federation dated November 27, 1992 "On the organization of insurance business in the Russian Federation"

which allow foreign insurance companies to operate in Russia without registering a subsidiary company

18.05.21

ICC and SIAC were granted the status of permanent arbitral institution in the Russian Federation.

Russian Ministry of Justice put the International Court of Arbitration at the International Chamber of Commerce (ICC International Court of Arbitration) and the Singapore International Arbitration Center (SIAC) on the list of foreign arbitral institutions recognized as permanent arbitral institutions in Russia.

05.03.21

Luxembourg ratifies the Protocol amending the Luxembourg-Russia Double Taxation Treaty

Luxembourg has completed the internal state procedures required for the Protocol amending the Luxembourg-Russia Double Taxation Treaty to become effective.

01.10.20

Russia and Malta have signed a Protocol amending Tax Agreement between the states

Russia and Malta have agreed to increase the tax to 15% for such source of income as
dividends and interests.



   

Taxation of individuals

Tax consulting for individuals

The inadequacy of Russian tax legislation and inconsistency in requirements for declaration and taxation of personal income may lead to conflicts with tax agencies and financial losses.

Pankov and Associates offers personal tax planning services. We can also help you to protect your money from excessive tax control while remaining within the law and avoiding conflict with official agencies. Such action is your right, in order to safeguard your personal financial liberty.

We provide services for both Russian and foreign citizens.

Our services include:

  • advice on employment contracts with foreign citizens working in Russia and the use of various options for transnational postings;
  • advice on taxation of various types of income, efficient use of tax privileges, and structuring of compensation packages;
  • preparation of tax declarations and tax registration of individuals;
  • checking income tax charges, negotiating with tax agencies in case of substantial discrepancy between the amount charged and our estimates, advice on tax payment procedure;
  • assessment of tax-related consequences and risks, advice on avoiding double taxation of the incomes of foreign individuals;
  • declaration (legalisation) of large incomes of Russian individuals without tax consequences.

We are always ready to help you choose the right solution to a dispute, based on the following principles:

  1. Nobody can be prosecuted for a tax crime outside the prescriptions and procedures of the Tax Code;
  2. Anyone who is charged with committing a tax-related crime is considered innocent until proven guilty under federal law by an effective court ruling.
  3. All doubts, discrepancies, and obscurities in tax legislation must be construed in favour of the taxpayer.

Our professionals work in the spheres of corporate development, business management, tax planning and litigation. We can provide legal protection for your business, strengthen its legal foundations, defend the interests of your company in court, and accurately assess its position in respect of both Russian and international law.

We conform to international professional standards