Department of tax and custom-tariff policy of the Russian Federation Ministry of Finance has clarified certain details of taxation of personal income received by a natural person as a result of mandatory buyout of shares in his…more
On 25 December 2012 Federal Law No.262-FZ “On amendments to the Federal Law on circulation of drugs” (hereinafter – the “Law”) was signed by the President of Russia.
The Law is aimed at prevention of non-medical use of drugs…more
1. Approval of quotas for hiring of foreign employees in 2013
On 24 December 2012 Rostrud Decree No. 279 affirmed quotas for hiring of foreign employees in 2013 distributed between organizations-employers in all subjects of…more
On 30 December 2012 Federal law No. 320-FZ “On amendments to the Federal Law “On legal status of foreign citizens in the Russian Federation” (hereinafter – the “Law”) was signed by the President of Russia.
The Law is aimed at…more
On 17.10.2012 the Federal Tax Service of Russian Federation (hereinafter the «FTS») responding to the taxpayers’ query issued a Letter ???-4-2/17710 (hereinafter the “Letter”) with clarifications concerning the issues of…more
The Supreme Arbitrazh Court of the Russian Federation clarified some matters considering taxation of dividends paid out of the undistributed profit of prior years in decision No. VAS-13840/12 dated 29.11.2012 (hereinafter the…more
Adoption of a new Civil Code has been widely discussed at the highest state level. In early April the respective draft law N 47538-6 was brought to the State Duma, considered by the deputies and subsequently passed in the first…more
The contravention of a foreign judicial judgment to the national public order is deemed as a sufficient ground to reject recognition and enforcement of foreign court and foreign commercial court judgments in the international…more
Presidium of the Supreme Commercial Court of the Russian Federation (hereinafter – the Presidium) clarified several controversial issues regarding the judicial costs refund: in the Ruling No. 2598/12 dated July 24, 2012…more
Starting from July, 23, 2012, certain amendments became effective to the Federal Law of March, 13, 2006, No. 38-FZ “On Advertising” (“Advertising Law”), in relation to advertising and promotion of alcohol products. Bearing in…more
On 18 September 2012 the State Duma of the Russian Federation adopted in the third reading the bill No. 632210-5 “On Amendments to Fundamentals of the Legislation on Notarial System and Certain Legislative Acts of the Russian…more
Federal Antimonopoly Service of the Russian Federation (FAS Russia) has published on its Internet site in the section “Clarifications” (in Russian only) the Recommendations to Distributors and Producers of Automotive Components…more
Ministry of Regional Development is authorized to issue permits for the construction and commissioning of capital construction…more
On the 20th of December 2011 the Constitutional court of the Russian Federation has declared the Resolution, having sufficient impact on the formation of tariffs for airline transportation of children in the age of up to 12…more
On 1st of January 2012 the Federal law dd. 3 December 2011 No. 379-FZ “On introducing amendments into certain legislative acts of the Russian Federation on questions of establishing tariffs of insurance payments for state…more
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