Insights | Denuo

Distribution of participation interest of former participant among remaining participants is recognised as income for personal income tax purposes

In February 2026, the court adopted a precedent-setting decision in the case of Signal-Invest LLC . Under this decision, for the first time the issue concerning the tax consequences of the gratuitous distribution of participation interest redeemed by the company upon the withdrawal of one participant among the remaining participants was considered.

04 / 03 / 2610:30 msk

Exclusivity fees in business sale and purchase transactions: current issues and practical recommendations

State Duma adopts amendments to legislation on strategic investments

On 26 February 2026, the State Duma adopted in its third and final reading a federal law (Draft Law No. 1082676-8) amending Law No. 57-FZ and certain other legislative acts, aimed at expanding the grounds for approving transactions concluded by foreign investors with respect to strategic companies and bringing the rules on strategic investments into compliance with the established law enforcement practice.

Misuse of budgetary funds by concessionaires: court vs “flexibility” of PPPs

Public-private partnerships have long been positioned as a mechanism that provides businesses with a certain degree of freedom in implementing infrastructure projects, in contrast to the rigid framework of government contracts. However, judicial practice in 2024-25 demonstrates an inexorable trend: an approach is emerging aimed at preventing the misuse of funds and minimising the risk of damage to public entities.

Extending the special procedure for calculating withholding tax in relation to certain payments to “unfriendly” counterparties

Further to our series of publications on changes to tax law, we would like to bring to your attention the following important provisions of Federal Law No. 425-FZ dated 28 November 2025.

Review of UK sanctions of 24 February 2026

On 24 February 2026, the United Kingdom announced new blocking sanctions targeting several hundred Russian and foreign entities, as well as ships transporting Russian oil and gas.

18 / 02 / 2612:00 msk

Letters of intent and pre-contractual liability issues in M&A transactions

Changes to the Tax Code of the Russian Federation in 2026 (Part 2)

We continue our series of publications with an overview on key changes to the Tax Code of the Russian Federation. In today's overview, we will briefly examine innovations in the taxation of legal entities.

Denuo advises BurServis on acquisition of 100% share in Aggreko Eurasia

Denuo has advised BurServis, a supplier of oil and gas fields services, on the acquisition of 100% of shares in Aggreko Eurasia, a company offering solutions for implementing projects based on gas engine and diesel units, load modules, refrigeration machines and other temperature control equipment, from an international holding Aggreko.

29 / 01 / 2612:00 msk

Warranties in Russian M&A transactions (Part 2)