Tax Advice

Nowadays, tax advice is a service in great demand since legislation is constantly undergoing significant change, while financial risks are very high. Ever since FBK was founded twenty years ago, tax advice has been one of our main activities.
FBK Legal employs more than 40 qualified lawyers and tax consultants providing services in tax advice.
FBK Legal’s lawyers enjoy an excellent education, broad practical experience and a well-deserved reputation among their clients and colleagues.
FBK Legal’s experts bring major advantages to their work since they have vast experience in servicing companies in major sectors, including fuel and energy, mining, mechanical engineering, ferrous and non-ferrous metallurgy, credit and finance.
In 2011 FBK-Legal was recommended by The Legal 500 2011: Europe, Middle East & Africa and was named among the firms recommended in Tax and Dispute Resolution practices.

For years FBK has been a tax advice leader among audit and consulting companies. On March 21, 2011 Expert RA rating agency published ratings of the major audit and consulting groups of Russia according to their performance in 2010. FBK Group confirmed its status of a tax and legal advice market leader. So, according to results of 2010 FBK Legal is the third in terms of revenue from tax advice and the sixth in legal advice. Moreover FBK Legal is ranked first for sales of tax advising services to oil and petroleum industry, chemical enterprises and legal consulting to banks.

FBK Legal’s tax specialists are ready to provide services in:

• >  tax audit
• >  tax accounting: accounting registration, methodological support, development of tax accounting policy
• >  structuring new activities and restructuring existing ones with regard to tax shelters and the reduction of tax risks
• >  designing tax payment programming methodologies within the corporate budgeting system
• >  assessing the tax consequences of prepared transactions; developing recommendations concerning optimal terms
• >  consulting on the taxpayer’s current operations and changes in tax legislation
• >  information services for subscribers; preparing reviews on changes in tax legislation
• >  preparing reviews on arbitration practices
• >  forecasting law-enforcement practices for future periods
• >  drafting bills and analytical reports concerning changes needed in legislation
• >  assisting in completing tax declarations and submitting them to the tax authorities
• >  workshops on taxation issues

When providing tax advice lawyers of FBK Legal have an opportunity to get experts from Audit, Accounting Advisory and Financial Consulting Department involved in projects.

Tax Advice to Foreign Companies Operating in Russia

We provide the following services to foreign companies working in Russia:

• >  advice on taxation of foreign companies operating in Russia
• >  advice on the application of double tax treaties
• >  advice on transaction structuring and the corporate structure of business with respect to the specifics of taxation in different jurisdictions
• >  tax accounting, preparing and reviewing tax reporting
• >  cooperating with Russian tax authorities on the taxation of foreign legal entities and their representative offices in Russia
• >  representing and protecting interests before Russian tax and judicial bodies
• >  tax expertise on the status of foreign companies’ representative offices operating in Russia and their activities

Advice on International Tax Law and Other Laws

Company heads need reliable information on applicable foreign laws and their interpretation, as well as on the hidden agendas of corresponding foreign legislation if they are to make grounded decisions on the opportunities and costs of foreign investment, reinvestment in Russia through foreign structures and concluding contracts with foreign partners.

FBK Legal provides consulting services in these areas, as well as:

• >  answers to particular issues requiring solutions based on foreign legislation
• >  data on taxes charged in certain countries
• >  data on decreasing tax burdens in certain countries
• >  copies of regulatory and legal acts of certain countries

FBK’s membership in PKF International Association also allows our specialists to draw on PKF’s unified information, technology platform and resources in over 125 countries to find effective solutions in international law.

For more information on our tax advice services, please contact Nadezhda Orlova, Tatiana Matveicheva or Alexander Sotov.

Tax Advice Projects