Monitoring of the Federal Legislation dated 9.12.2008

Federal Law No. 251-FZ of December 4, 2008 on the Amendments to Articles 154 and 164 of Part 2 of the Tax Code of the Russian Federation

Introduces a special procedure of calculation of the taxable base for the value added tax in the cases of sale of cars purchased from citizens (not being the payers of this tax) for their subsequent resale.

Federal Law No. 250-FZ of December 3, 2008 on the Amendments to the Federal Law on Fishing and Conservation of Aquatic Bioresources and to Individual Legislative Acts of the Russian Federation

Improves legal regulation in the sphere of fishing and conservation of aquatic bioresources by introduction of new and adjustment of previous rules.

Federal Law No. 228-FZ of December 3, 2008 on the Execution of the Federal Budget for the Year 2007

The incomes of the federal budget in 2007 amounted to Rbl 7,781 million, expenses, to Rbl 5,987 million, the surplus making Rbl 1,795 million.

Decision of the Plenum of the Higher Arbitration Court of the Russian Federation No. 58 of November 20, 2008 on the Amendment to Item 44 of the Regulation of the Arbitration Courts of the Russian Federation

Refines the cases when a judge may have a special opinion.

Decree of the President of the Russian Federation No. 1715 of December 3, 2008 on Some Issues of State Management in the Sphere of Communication and Information Technologies

The Federal Service of Enforcement in the Sphere of Communication if reorganised into the Federal Service of Enforcement in the Sphere of Communication and Information Technologies.