A tax clause: what threat is posed by its absence from a contract / Article / RBC Pro

The number of clauses dealing with tax in Russian contracts is increasing rapidly. According to experts, this is a positive trend: the tool gives protection against sudden additional tax charges caused by an unscrupulous counterparty.

Oleg Rifert, Senior Counsel in the Dispute Resolution Practice, and Anton Borisyuk, a Senior Associate in the Transactions & Corporate Law Practice at Nordic Star observed the reasons for the widespread use of a tax clause by companies today as well as the correct ways to apply it.

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Oleg Rifert
Senior Counsel

+7 921 939 94 64

Anton Borisyuk

+7 921 593 68 90
St. Petersburg