Russia: Prices Set by Russian Anti-Trust Authorities Recognized as Market Prices, Ministry Says
October 5, 2012 in Transfer Pricing Report
Sergei Blagov
MOSCOW — The Russian Finance Ministry clarified that prices set at the request of the Russian anti-trust authorities may be recognized as market prices for tax purposes.
Letter No. 03-01-18/7-130, released on Oct. 1, said the Russian Federal Tax Service has pledged to view prices recommended by the anti-trust authorities as market prices when auditing transactions on the basis of provisions of Article 40, which covers pricing methods….
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