NEW RULES ON DETERMINATION OF TAX RESIDENCY
Government intend to change criteria of tax residency. Now to become tax resident an individual shall reside in Russia not less than 183 days within 12 consecutive months. This term is planned to be reduced to 90 days.This initiative is connected with recent adoption of law on controlled foreign companies. This law has obliged tax residents to notify on their participation in foreign companies. It is presumed, that such measure will prevent from evading the law, by traveling and residing abroad.At the moment, this initiative is under consideration. We will keep you updated.