Articles by Arseny Seidov

B2B: The Importance of the Right Commercial Policy

  • 21 January 14
  • Baker & McKenzie
We already live in a world where the courts have developed concepts and doctrines going far beyond a literal reading of the rules.

Challenges and Opportunities Facing B2B E-Commerce in Russia

  • 28 November 12
  • Baker & McKenzie

Most, if not all, surveys show tremendous growth in the e-commerce market in Russia and indicate even greater potential in the long run. In the B2C sector people are used to buying products, services and content online. There is a duty-free regime for goods purchased from abroad with a value up to 1,000 euros. In case of intangibles (such as computer programs, e-books, music or video content), there is no concept of electronic import in Russia. Often with no Russian-source taxation, offshore-based e-commerce is more lucrative and preferred over domestic structures.

Challenges for Business Under New Transfer Pricing Rules

  • 18 October 11
  • Baker & McKenzie

In 2012, a completely new set of transfer pricing rules comes into force in Russia. Most midsize and large businesses will be affected. Taxpayers will be forced not only to comply with contemporaneous documentation requirements, but also to revisit their transfer pricing in the context of their global tax planning strategy. Overall, the new tax environment brings a number of serious challenges for businesses and may impact their profitability.

Russia’s Tightening Tax Policy on Treaty Benefits

  • 28 July 09
  • Partner, Baker & McKenzie
Russia is a very young tax jurisdiction, in which the tax environment and legislation change rapidly. Its courts also develop judicial anti-avoidance doctrines that go beyond the literal interpretation of the statutory tax rules and have a direct impact on the legal and business environment in the country. Most taxpayers have been forced to change their tax behavior.