Emerging trends in Russia's deoffshorization policy

This article reviews and analyzes the measures taken by the Russian Federation to deoffshorize the national economy. To achieve this objective at the national level, the government has adopted and amended relevant legislative acts, signed an international agreement on the automatic exchange of financial information, and supported the OECD’s BEPS Plan. This flurry of state activity signals that deoffshorization is a priority, the successful implementation of which will generate additional tax revenues for the budget, and support the fight against the shadow economy and the laundering of criminal assets.