News

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.

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.

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.

On tax consequences of the expropriation of property from owners for state (municipal) needs

As part of the large-scale amendments adopted to tax legislation at the end of 2025, in order to eliminate tax uncertainty, legislators adopted amendments to the Tax Code of the Russian Federation clarifying the procedure for the VAT and corporate income taxation of the reimbursement (compensation) received by former owners for the expropriation of immovable property from them for state (municipal) needs.

Including dividends in the customs value of imported goods: case study

This legal update aims to draw your attention to a new court decision of significant importance for the practice of including payments to participants (dividends) in the customs value of imported goods.

New EU and US sanctions against Russia

On 22 October 2025, the United States of America imposed extensive sanctions against Russia for the first time since Donald Trump took office as President in January 2025. On the following day, 23 October 2025, the European Union announced the adoption of its 19th sanctions package and published the legal acts formalising it.

Review of UK sanctions of 15 October 2025

On 15 October 2025, the United Kingdom announced new blocking sanctions targeting several dozen Russian and foreign individuals and legal entities, as well as vessels that are part of Russia’s so-called “shadow fleet.”

Rospatent increases trademark registration fees in October

A year after a major revision of patent and other official fees, Rospatent is once again increasing fees for certain procedures relating to trademarks.

Case study: including royalties in the customs value of imported raw materials proportionally to the share of raw materials in the end products

In this legal update, we would like to draw your attention to the emerging practice of proportionally including the amounts of licence payments in relation to the price share of imported raw materials in the end products manufactured in Russia.

Insights

Insights