On March 18, a few months after Putin’s address on the ’de-offshorisation’ of the Russian economy, the Finance Ministry published the first draft law on anti-avoidance rules. Artem Toropov of Goltsblat BLP explains how the draft law has already sent ripples through the Russian business community.
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Despite the relief, Brazil’s government has also presented a bill which seeks to re-impose a tax burden on companies’ payroll, one local tax specialist told ITR
While successful pillar two implementation will require collaboration across all units, a combination of internal and external tax advice is at the centre of the effort