Uptick In Russian Transfer Pricing Audits Expected

Law360, New York (March 12, 2014, 5:03 PM EDT) -- Russia's tax authority is expected to increase its number of transfer pricing-related audits in the coming year, with the most likely targets being in the energy and financial sectors, as the country continues adjusting to recent changes to its tax laws, Deloitte partners said Wednesday.

During a Deloitte webcast, members of the professional service firm's Russian practice discussed new transfer pricing rules enacted in 2012. Although Russia's Federal Tax Service has so far been relatively lenient toward companies as they adjust to the new rules, that's...
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