Subject The article analyzes problems related to the policy of Russian economy deoffshorization. These problems are aggravating due to Russia's participation in the OECD/G20 BEPS Project. Objectives The aim is to identify core problems of the Russian tax policy and major hindrances to successful fulfillment of OECD/G20 BEPS Project objectives. Methods The paper provides a comprehensive analysis generalizing the recent trends in the Russian tax policy, the ideas being developed within the framework of international tax projects implemented by OECD, and the court practice on international taxation. Results The study identifies problems of the Russian tax policy, namely, insufficiently elaborated methodological framework, unstable 'game rules' for international business, use of outdated rules, like 'thin capitalization'. It also reveals downsides of international tax projects, like pending conceptual issues on applying corporate tax to international businesses, fiscal egoism of member countries, etc. Conclusions The revealed problems have a very serious impact on the level of tax risks of multinational companies operating in the Russian Federation. It is necessity to solve the problems and work out measures to formulate a long-term international policy of the Russian Federation in the taxation area based on economically sound methodology and clear-cut goals.
Keywords: base erosion, profit shifting, OECD, tax policy
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