Lex Evolution | Law. Tax. Digital

On the program of this episode, the analysis of specific tax considerations related to the sale of shares in companies under Russian law held by foreign investors (nominal or discounted value, earn out clauses, buy-back schemes and sale of deferred securities , etc.).

In the summary of this episode, the analysis of the provisions of the minutes of 20.12.22 of the government commission on the control of foreign investments in Russia which, for the first time, expressly determines the validation criteria for transactions involving the sale of securities companies under Russian law and distributions of dividends from Russian sources for the benefit of companies resident in so-called "unfriendly" states.

On the program of this episode, the analysis of the key pre-transactional legal and tax aspects of the sale of shares in Russian companies held by foreign investors.

The program of this issue includes an analysis of the scheme for the sale of shares of Russian companies held by foreign investors through MBO (Management Buy-Out). This type of reorganization is the most common in Russia for the transfer of ownership of Russian law firms in the current crisis. Therefore, we will consider the features of this scheme, its main advantages and disadvantages.

On the program for this episode, the analysis of the tax treatment of the sale of shares in Russian companies held by foreign investors and the review of the main reorganization scenarios used in the context of sanctions.

On the program of this episode, the analysis of the restrictions of Russian law applicable to the sale of participations and other assets held by foreign investors in Russia.