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11 / 03 / 2022
CFC Profit vs. IFRS Profit
Reporting CFC profit under IFRS without adjustments under the Russian Tax Code may result in significant additional tax assessments or overpayments.

In which cases is it necessary to declare CFC profit? Can IFRS profit be declared as CFC profit and tax paid? What are the consequences of an incorrect calculation?

You can find detailed information in our leaflet at the link.

Or simply contact us.
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