HOW MAZARS CAN HELP?
We can conduct the analysis of the current tax risks in relation to the existing individual’s assets and appraise the amount of penalties that can be deemed to an individual arising from violations of the currency and tax legislation of the Russian Federation.
In case of presence violations, we can prepare a special declaration, relevant documents for the CFC, as well as the notification of the opening accounts required for exemption from responsibilities, and to submit them to the tax authorities on behalf of the individual by the power of attorney.
CFC tax-free liquidation
We can conduct the analysis of the expedience of CFC liquidation and prepare set of the documents required for application of the tax exemptions for submitting to the tax authorities: 3-NDFL tax return, resolution of distribution of assets and statement for the application of income tax exemption. Besides, we can submit documents to the tax authorities on behalf of the individual by the power of attorney.