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PKF Worldwide Tax Update brings together notable tax changes and amendments

PKF Worldwide Tax Update brings together notable tax changes and amendments

05.09.2018

In this third 2018 quarterly issue, the PKF Worldwide Tax Update newsletter again brings together notable tax changes and amendments from around the world, with each followed by a PKF commentary which provides further insight and information on the matters discussed.

PKF MEF-Audit builds partnership in the CIS countries

PKF MEF-Audit builds partnership in the CIS countries

18.07.2018

Representatives of PKF MEF-Audit had a series of meetings with leaders of Kazakstani industry groups with participation from HKEX. The major focus of the dialog was supporting the projects for industrial companies of Kazakstan to enter global financial markets. PKF MEF-Audit intends to build on this area of work in collaboration with companies from other CIS countries. 

МEF-Audit PKF was awarded by the Russian Union of Auditors

МEF-Audit PKF was awarded by the Russian Union of Auditors

08.06.2018

МEF-Audit PKF was awarded a Certificate of Appreciation by the Russian Union of Auditors. "For great contribution to the development of the audit profession, many years of service and dedicated work and active participation in the events of the Russian Union of Auditors ”, says the text of the Certificate.

PKF International breaks into the top 10 global audit networks operating in Russia

PKF International breaks into the top 10 global audit networks operating in Russia

03.05.2018

PKF International (PKFI), of which  JSC MEF-Audit has been a member since 2017, was awarded with a diploma of “Expert RA” rating agency  as the fastest growing global audit network operating in Russia. Based on the 2017 results, the Revenue Growth Rate was 34%. 



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Publications

26.06.2018 RBC

Shell companies hit all-time low in Russia

According to the RF Federal Tax Service (FTS), the number of shell companies, which has long been used for illegal cash-out schemes and getting out of paying taxes, has fallen to 7% of the total number of legal entities registered in Russia. The agency’s representative added that it is now at an all-time low. 

06.06.2018 RBC

Following the trails of Skolkovo: the technological valley of Moscow State University is to receive tax incentives

The government proposed to grant tax benefits to technological valleys, similar to those earlier granted to Skolkovo, including exemption from the payment of income tax and considerable reduction of the insurance contribution rates. According to the draft law recently introduced to the State Duma, the government is proposing tax relieves for Russian technological valleys, which are innovation centers established within the leading institutions of higher education. Creation of such centers was proposed by President Putin last year. The draft law proposed the introduction of changes to the Tax Code and granting the members of technological valleys tax benefits similar to those for Skovkovo residents. According to the explanatory note, the measures are aimed to improve their performance and to minimize expenses. 

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Address PKF International

Tatiana Bezus

t.bezus@mef-audit.ru

Audit director

PKF International

PKF is a global family of legally independent firms bound together by a shared commitment to quality, integrity and the creation of clarity in a complex regulatory environment.  We provide world-class analysis and clear solutions in Assurance, Advisory, Taxation and Business Services for companies around the globe. Our family consists of over 400 offices, operating in 150 countries across five regions. We specialise in providing high quality audit, accounting, tax, and business advisory solutions to international and domestic organisations in all our markets.
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