Section about foreign companies on the website of the FTS of the Russian Federation

The Federal tax service has created a special section "Controlled foreign companies and controlling persons" on its website.

Now in this section you can find out:

- All about controlled foreign companies (CFC) and controlling persons (definition, types);

- the Procedure of calculating the CFC's profits;

- the Procedure of tax reporting;

- Procedure for completing the CFC notification form;

- The Terms of the notification on a CFC;

- Penalties.

The section was created to quickly find the necessary information for taxpayers.

On materials of the following website: https://www.nalog.ru/rn77/taxation/cfcomp/