Fedor PetrikFedor Petrik

Fedor Petrik

Head of Tax Practice
Industries

Industry, Retail, Manufacturing, Transportation, Energetics

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Biography

Fyodor has over 9 years of professional experience in tax consulting. He graduated from MGIMO with a bachelor's degree, the Financial University under the Government of the Russian Federation with a master's degree, and Plekhanov Russian University of Economics with a postgraduate degree in business law. Before joining Tax Compliance, he worked for BIG-4 companies.

He specialises in providing comprehensive support for taxpayers transitioning to the tax monitoring regime, including the development of internal control systems (ICS), the implementation and integration of IT systems, advising clients on various issues related to the application of Russian and international tax legislation, including tax audits and structuring, the development of accounting processes and compliance systems, transfer pricing and international tax planning.

He has experience working with the Federal Tax Service in the development of the tax monitoring regime, including the development of a universal reference book of primary documents and tax accounting registers, as well as the preparation of reference materials and training seminars for taxpayers.

Among Fyodor's significant completed projects are:

• Conducting an analysis of pricing in transactions between a company belonging to a large holding company in the mineral extraction industry and related parties, and confirming the market level of prices in these transactions in accordance with transfer pricing rules, which made it possible to obtain confirmation of the market level of prices in the amount of more than RUB 9.2 billion.

• Analysis of compliance with the criteria for applying a reduced corporate income tax rate for residents of a special economic zone, as well as providing recommendations to an industrial manufacturing company on the application of a preferential tax rate, allowed the company to avoid tax risks in the amount of RUB 77 million, excluding penalties.

• Diagnosis of the readiness of a leading Russian jewellery company to transition to tax monitoring and analysis of associated tax risks allowed us to improve tax accounting business processes and avoid tax risks amounting to more than RUB 600 million.

• Support for tax control measures as part of ongoing field tax audits and non-tax audits of the client's companies in the fuel and energy sector for the period 2020-2023 helped avoid potential tax charges of more than RUB 350 million.

Fyodor has been recognised by Russian legal rankings (Pravo-300, Rossiyskaya Gazeta) as one of the best tax lawyers in the country.

He is a participant and speaker at conferences organised by Pravo.ru, Kommersant, and others. He is a regular author of expert articles and commentaries for business and professional media outlets.

Cases

Retail
Successfully
Consulting in the UAE

Analyzing the reporting procedure with respect to the fact of registration and profits of a controlled foreign company

Retail
Successfully
Diagnostics of readiness for the transition to tax monitoring

Diagnostics of organization's readiness for transition to tax monitoring

Production
Successfully
Tax-support

Analysis and justification of application of preferential profit tax rate for SEZ resident

Construction
Successfully
Tax-support

Development of a property ownership structure located in the Russian Federation

Production
Successfully
Assistance in obtaining tax amnesty for business splitting

Advising a public organization in the framework of the formation of amendments to the tax amnesty for business splitting

IT
Successfully
Tax support for IT-business

Analyzing the possibility of applying the IT benefit by a company

Retail
Successfully
Tax-support

Advising and analyzing the choice of jurisdiction for a holding company

Retail
Successfully
Tax-support

Preparation of TCO documentation on transactions between organizations of the same group and cross-border transactions

Natural resources and energy
Successfully
Tax-support

Analysis of the procedure of debt financing within the group of companies with minimization of tax risks

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