Doing Business in Russia

54 Doing Business in Russia Appendix 3. KPMG's Tax & Legal Department Why KPMG KPMG in Russia and the CIS employs more than 400 tax and legal consultants, including both local and foreign specialists. They bring with them vast experience not only in advisory services but in the business world as well. With his extensive knowledge of tax advisory services in Russia, Mikhail Orlov, the Head of Tax & Legal in Russia and the CIS, also chairs the Tax and Customs Law Expert Council of the Russian State Duma and drafts legislation and works as a Public Tax Ombudsman under the Russian Federation's Presidential Commissioner for the Rights of Business People. As the head of a strong and cohesive team of professionals, Mikhail makes it the department's priority to be not only our clients' consultants who help solve urgent and sensitive issues quickly and efficiently, but also to be their trusted partners. Our team KPMG in Russia and the CIS employs more than 400 tax and legal consultants, including both local and foreign specialists. They bring with them vast experience not only in advisory services but in the business world as well. Our approach to key issues: - - Tax effectiveness. To raise tax effectiveness, KPMG uses a combined approach, which includes improving cash flow, centralising funds, reallocating the group's management expenses, international planning, implementing appropriate ERP and tax management systems and fiscal management. Transfer pricing. We have completed more than 100 complex analyses of transfer prices for Russian and international clients across many different sectors. International tax planning. We will help you find the most effective way to build your international group structure. If you have subsidiaries located abroad, we will help you structure their activities. Mergers and acquisitions. Our team provides a full range of services from financial, legal and tax due diligence to restructuring advice and legal advice on transaction agreements. Tax dispute resolution. Our litigation group provides support during tax disputes, which includes representing clients' interests in court, supporting clients during tax audits and throughout the pre-trial settlement process, preparing appeals to court decisions and appeals to tax authorities to take action or to remain uninvolved, and interpreting laws and practice for clients who are dealing with state authorities. Corporate tax services KPMG has teams dedicated to addressing all of the tax issues that corporations confront: - Indirect tax; - Transfer pricing; Effective management of tax liabilities (and its outsourcing); - Development of problem-solving methods; Tax considerations during restructuring; International tax planning; Tax structuring for mergers and acquisitions, including support for the times after companies have been integrated. Personnel services We provide services for individuals and company staff. These services include helping to ensure personal compliance with tax legislation, implementing relevant company-wide programmes, pension planning and assisting with other personnel issues. Our specialists are also able to provide professional wealth management services. Personal services also tie into secondment structuring, both inbound and outbound, and related tax, legal and immigrations issues. Legal advice In addition to our standard corporate registration services, KPMG assists with mergers and acquisitions and provides legal support for companies and for individuals' own projects, in terms of legal due diligence and the drafting of transaction documents. Complex tax projects The specialists at KPMG Tax & Legal have experience supporting, from a tax and legal perspective, IT projects and projects requiring financial and strategic consulting. We analyse financial risks, develop progressive approaches and adapt systems to conform with Russian and international legislation. Our experience includes introducing new software systems, overseeing commercial restructuring of holding companies, advising on money laundering, issues related to corporate intelligence and resolving commercial issues. Moreover, we actively participate in projects where we work to improve personnel management and support the improvement of operational efficiency within our clients' companies. KPMG © 2016 KPMG. All rights reserved.

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