Related parties are regarded to be individual entities and (or) organizations, the correlation between which  has a direct impact on conditions or economic results of their activity or business activity of the entities represented by them.

Since 2016 in 20 clause, about "Related parties" of the Code it is elaborated that related correlation is considered to be the one:

• «between organizations, if one party directly and (or) indirectly involved in these organizations, and the share of such involvement in each of these organizations is not less than 20 per cent ", as well as introduced correlation:
• «between entities, as the part of joint executive body or committee of directors (supervisory committee) that are more than 50 percent - the same individual entities together with the related parties specified in the paragraph sixth of this clause.».

 "VEDAudit" Ltd. draws its customers attention to the relevance of this issue at present moment and   importance of affiliated persons concept of inspection services in the future on the basis of amendments made in the tax code.