“Yurist Kompanii” [“Corporate Lawyer”] publishes a survey of the Supreme Court’s tax precedent in the case of Novaya Tabachnaya Kompaniya LLC

Novaya Tabachnaya Kompaniya LLC was engaged in a court case with the Federal Tax Service for approximately two years. The Tax Service decided that interest on a loan payable by a Russian company to a Russian lender can be classified as dividends of their joint foreign owner.

The judicial panel for economic disputes of the RF Supreme Court took the side of the company and created a precedent, stating that the inspectorate lacked a basis to charge extra taxes.

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