Managing tax exposure: 5 practical solutions for owners of real estate

The author examines new tax risks and exposures that commercial real estate sector could face as a result of significant changes to tax legislation adopted starting 01 January 2015 and suggests options that a taxpayer could choose to avoid tax inefficiencies. The major conclusions demonstrate that Russian owners of real estate could be forced to abandon from offshore holdings and structure transactions with real estate under Russian legislation. The author argues that an integrated approach and exhaustive analysis of various tax aspects are required to formulate an efficient tax policy.