Print Page   |   Report Abuse
News & Press: International News

Russia: Russia to exclude Malta from blacklist of offshore jurisdictions

10 November 2014   (0 Comments)
Posted by: Author: Times of Malta
Share |

Author: Times of Malta

The Russian Finance Ministry has drafted a decree that will exclude Malta from the blacklist of offshore jurisdictions, according to the Russian news agency Tass.

The decision followed the signing of an agreement between the Maltese and Russian governments in May.

The agreement was on the avoidance of dual taxation and prevention of tax evasion with regard to income tax.

There are 41 offshore jurisdictions in the black list.

This article first appeared on


Section 240A of the Tax Administration Act, 2011 (as amended) requires that all tax practitioners register with a recognized controlling body before 1 July 2013. It is a criminal offense to not register with both a recognized controlling body and SARS.


The Act requires that a minimum academic and practical requirments be set to register with a controlling body. Click here for the minimum requirements of SAIT.

Membership Management Software Powered by YourMembership  ::  Legal