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Tax news on Tuesdays (of 17-05-2016)

Tax news on Tuesdays (of 17-05-2016)

2 important events of this week:

  • Russia acceded to the international agreement on automatic exchange of financial information with 80 member states, such as Panama, british Virgin Islands, Jersey, Belize;
  • Letter of the Department of customs and tariff policy of the Russian Ministry of Finance of April 27, 2016 No. 03-04-05/24391 “On payment of individual income tax in case of foreign currency operations in a unified trading session of interbank currency exchanges” discussed in the media.

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