BEPS Action 5 is one of the four minimum standards which all members of the OECD/G20 Inclusive Framework on BEPS have committed to implement. One part of the Action 5 minimum standard is the transparency framework for compulsory spontaneous exchange of information on certain tax rulings which,...

The engines of economic growth in Russia remain concentrated in industries dependent on exports of raw commodities. To achieve sustainable long-term growth, Russia needs to diversify its economic activities, and boosting innovation needs to be a central objective of the diversification. This...