Articles by Sergei Eremin

B2B: Beneficial Owner of Income: Treaty Benefits and the Introduction of the New Rules

  • 08 December 14
  • Herbert Smith Freehills
Russian business is trembling in expectation of the new year when major changes recently introduced to the tax legislation will enter into force. There has been a lot of discussion regarding the increase in the rate of the dividend withholding tax, the "tax manoeuvre" impacting the oil industry and the controlled foreign corporation rules.

B2B: Russia Strikes a Glancing Blow on the Offshores… or Its Own Investment Climate?

  • 03 December 13
  • Herbert Smith Freehills
The financial crisis spectre is haunting the biggest economies of the world. An obvious reaction to it for the governments is to raise more funds through taxes, and combatting the use of offshores for tax optimization could help.