Submission of Notification on Participation in an MNE Group

It comes to the deadline for submitting a Notification on Participation in a Multinational Enterprise Group. The Notification is to be submitted within eight months from the end of the reporting period of such multinational enterprise group’s (MNE Group) parent company. If the fiscal year of the MNE Group is equal to the calendar year, the Notification on Participation in the MNE Group for 2024 must be submitted to the Russian tax authorities before 31 August 2025. The Kept alert contains further information on the matter.

Kept has developed specialized IT solution, BEPS Automation Tool, based on which our professionals prepare CbC Reports and Notifications on Participation in the MNE Group. Kept professionals would be delighted to provide detailed answers to any questions you may have, analyze each specific situation, and provide the following services:

• Preparation and conversion of the Notification on Participation in the MNE Group into XML format in accordance with the requirements of the RF Tax Code, provided that the company/group supplies the necessary information.
• Methodological support in view of the evolving practice of preparing and submitting the Notification.
• Assistance in preparing responses to requests of the Federal Tax Service on three-tier reporting aspects.
• Analysis of the perimeter of the MNE Group’s presence and identification of the requirements of local legislation.