The list of income related to the income of a foreign company from sources in Russia and subject to taxation has been expanded
From January 1, 2024, a#nbsp;15% withholding tax will be#nbsp;introduced on#nbsp;income paid to#nbsp;foreign affiliated parties for the performance of#nbsp;work and provision of#nbsp;services.
Article 309 of#nbsp;the Russian Tax Code has been supplemented with a#nbsp;new clause, which includes income received by#nbsp;a#nbsp;foreign organization from performing work (rendering services) in#nbsp;Russia to#nbsp;related parties determined by#nbsp;Article 105.1 of#nbsp;the Tax Code of#nbsp;the Russian Federation.
The work is#nbsp;considered completed (services are considered provided) on#nbsp;the territory of#nbsp;Russia if#nbsp;the buyer of#nbsp;the work (services) carries out activities on#nbsp;the territory of#nbsp;the Russian Federation.
Thus, if#nbsp;a#nbsp;Russian company in#nbsp;2024 pays for any services of#nbsp;a#nbsp;foreign company from the same group and which is#nbsp;affiliated, then the Russian company will have to#nbsp;withhold 15% tax at#nbsp;source.