Russian Law Review

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In This Issue:

A double tax treaty was entered into between Russia and Latvia; From 1 January 2012 a particular set of medical devices and products should be available in first-aid kits for the purposes of first-aid treatment of employees; Amendments aimed at the improvement of the mechanism of migration registration of foreign citizens and stateless persons were introduced to law; Requirements to construction and design organisations regulating obtaining of competency certificate related to works effecting safety of construction facilities by such organisations have been established; New procedure for regulating of relations connected to the application of electronic signature has been established; New rules of road transportation have been established; Now it is required to substantiate the initial price of a state/municipal contract; New law on licensing of certain activities; Some articles of the Administrative Offences Code of the Russian Federation related to giving/getting a bribe have been amended; Execution of agreements with the tax authorities obliging the taxpayer to ensure contribution of specific amount of taxes to the budget is impermissible; Real estate disputes are arbitrable; and The law establishing legal and organisational framework of the national payment system has been enacted.

A double tax treaty was entered into between Russia and Latvia

This treaty shall apply to profits and capital taxes collected on behalf of the contracting state or its political subdivisions or municipalities regardless the method of collection.

This Treaty shall apply to the following taxes existing, in particular, in Russia...

Please see full review below for more information.

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DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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