European Union prohibits the provision of services, including tax advisory services to Russian entities

In connection with Russia’s armed attack on Ukraine, on June 3, 2022, the European Union adopted the sixth package of sanctions and restrictions against the Russian Federation.

The sanctions effective from June 4, 2022 include the prohibition to provide (both directly and indirectly) accounting, auditing, accounting, tax advisory services, business and management consultancy and public relations services to the Russian government and legal entities , entities and bodies based in Russia.

Source MDDP

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