The third issue of the review addresses the state and prospects of state support for the IT industry, key legislative changes from 2025, as well as trends in crypto-currency settlements. We consider new regulations in force from November 1, 2024, to optimize transactions under sanctions.

The analysis of the "tax gross-up" instrument is a key material of the issue. Read about what it is and how it functions in an article by our experts. In the "Legislative Initiatives" section, you will find information on important changes in the taxation of controlled foreign companies. In the "Tax Practice" section, you can read about a crucial litigation that may create new tax risks when paying revenues to foreign organizations. Also in this issue, we begin a series of materials on cross-border settlements under sanctions.

The new information and analytical material from the NCC is devoted to issues of taxation and anti-sanction regulation of foreign business activities in Russia. The idea of publishing the review stems from the busy news agenda of recent years. In 2024, the G7 countries continued the policy of unilateral sanctions against Russia. As a result, Russian legislation has undergone significant changes.