OREANDA-NEWS. May 24, 2013. International Tax Review – the leading periodical on taxation – named the best tax advisers and the best in-house tax team in London at European Tax Awards ceremony. Rosneft’s Tax Department was named European in-house tax team of the year for direct tax.

Rosneft’s Tax Department was recognized for Russia’s first advance pricing agreement with tax authorities, implementation of one of the country’s first consolidated group of taxpayers as well as active participation in international projects. Moreover, innovation, complexity and scale of projects and initiatives implemented in the tax sphere in 2012 were taken into consideration to identify winners. Therefore, this award has become the international recognition of high professionalism of Rosneft experts.

It is the ninth consecutive year that Annual European Tax Awards ceremony recognizing the best in-house tax teams and tax advisers has been held. A Russian in-house tax team has been awarded for the first time.