| USD | 29.3897 |
| EUR | 40.2610 |
| GBP | 44.4255 |
AmCham’s intensive advocacy to repel the challenge of the Russian tax authorities to the deductibility of royalty payments by members to their parent companies for commercial use here of their parents’ trade names and brands appears very close to achieving final success. Available for download are comprehensive analyses and conclusions supporting our position by Deputy Ministers at the Finance Ministry and the Ministry of Economic Development and Trade and by the Chairman of the State Duma Committee on Budget and Taxes. These supporting documents follow meetings over the past several months by AmCham and its Tax Committee and member companies with the authorities.
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