www.pwc.com.cy Russian and Cypriot opportunities in an ever evolving tax environment 18 May Lotte Hotel Moscow 8 Bld.2, Novinskiy Blvd., Conference Crystal 2 The Republic of Cyprus is a traditional partner of Russian business, as significant investments into Russian economy are structured through Cypriot companies. We are pleased to invite you to a seminar, which will focus on the recent trends in the Russian tax legislation and how these impact Cypriot structures. Our specialists will comment on how the new approach of Russian tax authorities towards international tax planning as a whole may change business models of operations, for the Groups with presence in Cyprus. We are also pleased to present the view of the Cypriot tax authorities and the Cypriot financial regulator on the most interesting areas for cooperation between our countries. www.pwc.com.cy Russian and Cypriot opportunities in an ever evolving tax environment Time Program 9.00 – 9.30 Registration and coffee Introduction 9.30 – 9.45 Costas Mavrocordatos, Partner, Head of Tax & Legal, PwC Cyprus David John, Tax and Legal Practice Leader, PwC Russia 9.45 – 10.00 Bank of Cyprus Group Louis Pochanis, Senior Manager, International Banking Services, Bank of Cyprus The evolving Russian tax scene: does it have an impact on the Cypriot structures 10.00 – 10.30 Ekaterina Lazorina, Partner, Financial Services, PwC Russia Natalia Kuznetsova, Partner, International Taxation, PwC Russia 10.30 – 11.00 Russian transfer pricing: new rules for international operations Svetlana Stroykova, Director, Transfer Pricing, PwC Russia 11.00 – 11.30 Cypriot tax developments: Cypriot answer to new global challenges Nicos Chimarides, Partner, PwC Cyprus 11.30 – 11.45 Coffee break 11.45 – 12.15 The tax authorities' perspective George Poufos, Director of Inland Revenue, The Republic of Cyprus 12.15 – 12.45 Cyprus Securities and Exchange Commission developments Demetra Kalogirou, Chairman of CySec, The Republic of Cyprus 13.00 – 13.15 Q&A session 13.15 Lunch Registration The event will be in English and Russian with simultaneous translation available. Participation is free of charge. To attend, please fill in the registration form at www.pwc.ru/russia- cyprus-eng by 17 May. For more information about this event, please contact Aleksandr Denisov at +7 (495) 967 6000 ext. 3378 or [email protected]. © [2012] PricewaterhouseCoopers. All rights reserved. "PricewaterhouseCoopers" and "PwC" refer to the network of member firms of PricewaterhouseCoopers International Limited (PwCIL). Each member firm is a separate legal entity and does not act as agent of PwCIL or any other member firm. PwCIL does not provide any services to clients. PwCIL is not responsible or liable for the acts or omissions of any of its member firms nor can it control the exercise of their professional judgment or bind them in any way. No member firm is responsible or liable for the acts or omissions of any other member firm nor can it control the exercise of another member firm's professional judgment or bind another member firm or PwCIL in any way. .