The Federal Tax Service officially published the List of states and territories that do not provide information exchange for tax purposes with the Russian Federation. The document was approved by the order of the Federal Tax Service dated 10/11/2019 No. MMV-7-17 / 511@ and comes into force on January 1, 2020.
The specified list is compiled for the purposes of Article 25.13-1 of the Tax Code. This rule exempts the profits of a controlled foreign company from taxation in cases where the permanent location of such company is the state with which Russia has entered into an international tax treaty.
The exception is states that do not provide information exchange for tax purposes with the Russian Federation. The list of such states is regularly compiled by the Federal Tax Service of the Russian Federation.
The current order of the Federal Tax Service dated December 4, 2008 No. MMV-7-17 / 786@, includes 100 states and 18 territories that are not involved in information exchange for tax purposes.
In an updated version, the Republic of San Marino and the Republic of Panama have been excluded from the list since 2020. The list of territories remained unchanged. Recall that earlier the Federal Tax Service planned to add the Principality of Monaco to the specified list, but it does not appear in the final version of the list.