6 апреля 2020 г.

Karolina Shalimova, a senior tax consultant at Mazars, joined CFA Association Russia’s webinar on April 6 to discuss the questions arising around controlled foreign corporations (CFCs), companies that are registered and conduct business in countries other than the residency of their owners.

Although some may find it advantageous to set up businesses and invest their money overseas, it comes with an array of tax regulations one must follow to avoid a hefty fine.

There are instances when a CFC can get tax exemptions. During her presentation Karolina focused on these details, as well as discussed rights and obligations that CFC owners and individuals who have participating interest in foreign companies.

Questions around the CFCs have proven to be an interesting topic among the CFA Russia community. During the webcast there were few moments of technical difficulty with the speaker getting disconnected. CFA Russia will invite Karolina again, this time to a live seminar, to discuss the CFC theme further once the COVID-19 quarantine measures are over.

To watch a full recording of the webinar, as well as gain unlimited access to all videos from previous CFA Russia events and seminars, please consider joining the society using this link.


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