Tax support for four eurobond issues
Preparation of comfort letters for the eurobond issue prospectus; preparation of a tax opinion in English on Russian taxation matters related to the eurobond issue.
Comments on the Russian tax implications were limited to the comments on whether the provisions of the Russian tax legislation were applicable to withholding income tax from income paid to foreign legal entities and VAT as well as whether the provisions of the Double Taxation Treaty between Russia and Ireland were applicable to payments to be made by the bank to the issuer.
The tax consulting team of FBK Legal prepared a tax section of the issue prospectus.
