How to Check Counterparties Under New Federal Tax Service and Court Guidelines in 2026
Courts and the Federal Tax Service of Russia no longer treat sporadic, unstructured counterparty checks as reasonable diligence on the part of businesses. Companies must now substantiate why a particular counterparty was chosen, articulate the value it creates, and demonstrate why the transaction justifies the associated risks.
In their publication for RBC, FBK Legal experts — Alexei Nesterenko, Managing Partner, and Ildar Kamalov, Lead Consultant — explain how to properly structure the due diligence process in order to make the full use of the firm's internal resources while mitigating the risk of additional tax assessments.
Read the full version of the article and the accompanying checklist "How to Get Ready Right Now" at the link.