{"id":2132,"date":"2026-06-08T12:49:00","date_gmt":"2026-06-08T09:49:00","guid":{"rendered":"https:\/\/asari.legal\/en\/?post_type=news&#038;p=2132"},"modified":"2026-06-11T12:24:46","modified_gmt":"2026-06-11T09:24:46","slug":"saint-petersburg-international-economic-forum-2026-key-tax-trends","status":"publish","type":"news","link":"https:\/\/asari.legal\/en\/news\/saint-petersburg-international-economic-forum-2026-key-tax-trends\/","title":{"rendered":"Saint Petersburg International Economic Forum 2026: Key Tax Trends"},"content":{"rendered":"\n<p>Tax-related issues were featured prominently by speakers at SPIEF 2026. Below is a summary of the key tax trends and initiatives discussed during the forum.<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>A key priority is to prevent base erosion and profit shifting. Russia does not throw up obstacles to profit transfers to friendly jurisdictions, but profits generated in Russia should be taxed in Russia as well.<\/li>\n<\/ul>\n\n\n\n<ul class=\"wp-block-list\">\n<li>The Russian Federal Tax Service (FTS) actively leverages information obtained through international exchange mechanisms, including the Common Reporting Standard (CRS), under which Russia exchanges financial account information with 55 jurisdictions.<\/li>\n<\/ul>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Working closely with foreign tax authorities, particularly within the BRICS framework, the FTS plans to develop unified documentation requirements for export and import transactions, including transactions conducted through online marketplaces.<\/li>\n<\/ul>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Work is underway on a unified digital \u201ctax knowledge\u201d platform designed to facilitate interaction between businesses and tax authorities across different jurisdictions. The platform is expected to be launched within the BRICS framework as early as this September.<\/li>\n<\/ul>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Efforts continue to further digitalise interactions between businesses and tax authorities, including by integrating information systems and databases across various government agencies.<\/li>\n<\/ul>\n\n\n\n<ul class=\"wp-block-list\">\n<li>The FTS intends to expand cooperation with electronic platforms by delegating certain tax risk monitoring functions to them. Starting 1 October 2026, these platforms are expected to provide the FTS with information on sellers, transaction volumes, and indicators of potential tax evasion.<\/li>\n<\/ul>\n\n\n\n<ul class=\"wp-block-list\">\n<li>The FTS believes that requesting information and documentation directly from the taxpayer involved in a transaction is more appropriate than obtaining this information from third parties.<\/li>\n<\/ul>\n\n\n\n<ul class=\"wp-block-list\">\n<li>A Russia-Bahrain double tax treaty is currently in the making. The Ministry of Finance has also indicated that, subject to sufficient demand from the business community, it is ready and willing to launch negotiations on similar treaties with other countries as well.<\/li>\n<\/ul>\n\n\n\n<ul class=\"wp-block-list\">\n<li>The UAE does not intend to introduce personal income tax or any other additional tax burdens on individuals.<\/li>\n<\/ul>\n\n\n\n<ul class=\"wp-block-list\">\n<li>The FTS is preparing official guidance on the taxation of royalties, including approaches to assessing whether royalties are paid at arm\u2019s-length.<\/li>\n<\/ul>\n\n\n\n<ul class=\"wp-block-list\">\n<li>The President of Russia has proposed postponing any further reduction of the VAT threshold for taxpayers using the simplified taxation system. Preliminary information suggests that the current threshold of RUB 20 million may be fixed for a period of three years.<\/li>\n<\/ul>\n\n\n\n<ul class=\"wp-block-list\">\n<li>The Ministry of Finance plans a phased introduction of VAT for cross-border e-commerce transactions: 7% in 2027, 14% in 2028 and 22% in 2029.<\/li>\n<\/ul>\n\n\n\n<ul class=\"wp-block-list\">\n<li>According to the FTS, actual export prices are generally close to the median market prices.<\/li>\n<\/ul>\n\n\n\n<p>This client alert was prepared by <strong><a href=\"https:\/\/asari.legal\/en\/team\/maria-rybitskaya\/\">Maria Rybitskaya<\/a>, <\/strong>Partner and Head of Tax Practice at Asari Legal.<\/p>\n\n\n\n<p><\/p>\n","protected":false},"featured_media":2135,"parent":0,"template":"","meta":{"_acf_changed":true},"news-type":[2],"class_list":["post-2132","news","type-news","status-publish","has-post-thumbnail","hentry","news-type-news"],"acf":[],"_links":{"self":[{"href":"https:\/\/asari.legal\/en\/wp-json\/wp\/v2\/news\/2132","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/asari.legal\/en\/wp-json\/wp\/v2\/news"}],"about":[{"href":"https:\/\/asari.legal\/en\/wp-json\/wp\/v2\/types\/news"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/asari.legal\/en\/wp-json\/wp\/v2\/media\/2135"}],"wp:attachment":[{"href":"https:\/\/asari.legal\/en\/wp-json\/wp\/v2\/media?parent=2132"}],"wp:term":[{"taxonomy":"news-type","embeddable":true,"href":"https:\/\/asari.legal\/en\/wp-json\/wp\/v2\/news-type?post=2132"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}