Dmitry Paramonov, Attorney at Law and Head of International Taxation Practice at FBK Legal, has spoken about tax amnesty in Russia at the VII Russian Private Wealth Forum.
He said that the tax amnesty announced by the government in 2015-2016 had been extended. “It shall be noted that compared to the first stage the amnesty conditions have significantly improved and it can be really beneficial for foreign account holders and beneficial owners of small, medium and large businesses,” Dmitry Paramonov said and underlined that FBK Legal had extensive experience in preparation of documents required for voluntary disclosure.
The Forum was attended by over 400 specialists from law firms and banks, as well as private investors from 20 countries, including Germany, Switzerland, Cyprus, Spain, France and Monaco. The attendees discussed changes in the financial and banking sector in Russia and other countries, new international business environment and new specifics of asset management.
The Russian Private Wealth Forum is an annual event dedicated to development of the services sector for big private and institutional investors. The Forum has been held since 2011.