Russia Tax Agency Announces CFC Notification Filing Deadline for Individuals

The Russian Federal Tax Service April 3 announced the April 30 deadline for individuals to submit 2025 controlled foreign corporation (CFC) notifications. The announcement includes that: 1) the notification must be submitted regardless of the CFC’s financial result; 2) eligible CFCs must also submit documents confirming compliance with exemption conditions by April 30; 3) the exception to the exemption documentation requirement applies to CFCs formed in a Eurasian Economic Union (EAEU) member country, and that have a permanent establishment (PE) in that country; 4) CFCs that don’t qualify for the exemption must file documents confirming the amount of profit or ...