1 / 10

Profits tax: major changes

Profits tax: major changes. By Yulia Timonina, Ernst & Young. Few. Most. 2007. 2002. 2003. 2004. 2005. 2006. Some. Changes to Chapter 25. Introduced by Federal Law № 58-FZ June 6, 2005 Apply starting:. Major Positive & Neutral Changes. 2007. 2002. 2003. 2004. 2005. 2006.

Download Presentation

Profits tax: major changes

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript


  1. Profits tax: major changes By Yulia Timonina, Ernst & Young

  2. Few Most 2007 2002 2003 2004 2005 2006 Some Changes to Chapter 25 • Introduced by Federal Law № 58-FZ June 6, 2005 • Apply starting:

  3. Major Positive& Neutral Changes

  4. 2007 2002 2003 2004 2005 2006 Fixed assets • 10% immediate deduction • Leasehold improvements (a),(b)

  5. 2007 2002 2003 2004 2005 2006 Direct and indirect expenses, WIP • Direct expenses and WIP computation • WIP for services companies (a),(b)

  6. 2007 2002 2003 2004 2005 2006 Expenses • Documentation • R&D expenses • Expanded list of deductible expenses • Natural losses (a),(b),(c) (c) (d)

  7. 2007 2002 2003 2004 2005 2006 Other major changes • Loss carry forward • Securities • Reorganisations (a) (a),(b) (c) (b)

  8. Major Adverse Changes

  9. 2007 2002 2003 2004 2005 2006 Generally adverse changes • Thin capitalisation and interest • Charter capital contributions (a) (b)

  10. Yulia TimoninaSenior Manager, Ernst&Youngyulia.timonina@ru.ey.com7 (095) 755 9838 Thank you

More Related