Monitoring of the Federal Legislation dated 31.08.2011

Decision of the Plenum of the Higher Arbitration Court of the Russian Federation No. 54 of July 11, 2011 on Some Issues of Resolving of Disputes Arising in the Contracts for Immovable Property to Be Created or Purchased in the Future

What should be taken into account when resolving disputes arising in the contracts pertaining to immovable property that will be created or purchased in the future.

Decision of the Plenum of the Higher Arbitration Court of the Russian Federation No. 51 of June 30, 2011 on the Processing of Cases of Bankruptcy of Individual Entrepreneurs

Explains particulars of bankruptcy of individual entrepreneurs.

Order of the Ministry of Public Health and Social Development of the Russian Federation No. 709n of July 11, 2011 on the Endorsement of the Form of the Application for Reimbursement in 2011 of Expenses for Preventive Measures of Reduction of Industrial Injuries and Occupational Diseases and Sanatorium and Resort Treatment of Employees Engaged in Works Involving Adverse and/or Hazardous Industrial Factors to the Insurant Registered in the Territorial Bodies of the Social Insurance Fund of the Russian Federation on the Territory of the Subjects of the Russian Federation Participating in the Pilot Project

Specifies the above form.

Order of the Federal Tax Service No. MMV-7-8/320@ of May 18, 2011 on the Amendments to the Order of the Federal Tax Service No. MM-3-19/293@ of May 14, 2007

The drawing up of the decision on the forced collection of penalties and fines in the cases of failure to transfer the advance payment of excise duty tax.

Information of the Central Bank of Russia of August 4, 2011

The rate of refinancing and the interest rates for operations of the Bank of Russia remain the same.

Decision of the Government of the Russian Federation No. 650 of August 3, 2011 on the Amendments to the Decision of the Government of the Russian Federation No. 767 of September 28, 2010

Extends the list of information placed on the official site of the Russian Federation (www.torgi.gov.ru).

Decision of the Government of the Russian Federation No. 626 of July 28, 2011 on the Licensing of Educational Activities of Federal Universities, Universities Having Acquired the Category of the "National Research University", Other Federal State Institutions of Higher Professional Education Implementing the Programs of Higher Professional and Post-Graduate Professional Education on the Basis of Educational Standards and Requirements Introduced by Them Independently

Specifies the above procedure.

Letter of the Federal Tax Service No. AS-4-3/12540@ of August 3, 2011 on the Procedure of Calculation and Payment of the Excise Duty Tax by Producers of Alcoholic and/or Excisable Alcohol-Containing Products from July 1, 2011

The excise duty tax is subject to exemption according to the general rule.

Decision of the Government of the Russian Federation No. 654 of August 4, 2011 on the Amendments to the Rules of Migration Record Keeping for Foreign Citizens and Stateless Persons in the Russian Federation

Brings the above rules in compliance with the actual legislation.

Decision of the Government of the Russian Federation No. 648 of August 3, 2011 on the Procedure of Selection and Coordination of Implementation of Priority Investment Projects of Federal Districts and on Amendments to Some Acts of the Government of the Russian Federation

The goal of the projects is creation of new centres of social and economic development.

Letter of the Departmetn of the Tax and Customs Tariff Policy of the Ministry of Finance of the Russian Federation No. 03-02-08/82 of July 20, 2011

Sanctions for the failure to submit the tax declaration in due time.

Order of the Ministry of Public Health and Social Development of the Russian Federation No. 606n of June 22, 2011 on the Amendments to the Procedure of Confirmation of the Main Type of Economic Activities of the Insurant Legal Entity in the Cases of Obligatory Social Insurance against Industrial Accidents and Occupational Diseases, As Well As the Types of Economic Activities of Insurant Divisions Being Independent Classification Units, Endorsed by the Order of the Ministry of Public Health and Social Development of the Russian Federation No. 55 of January 31, 2006

Adjusts the conditions permitting to recognise insurant divisions as independent classification units.

Direction of the Central Bank of Russia No. 2660-U of July 7, 2011 on the Amendments to Item 1 of the Direction of the Bank of Russia No. 2134-U of November 27, 2008 on the List of Securities Included in the Lombard List of the Bank of Russia

Refines the types of securities included in the Lombard List of the Bank of Russia.

Decrees of the President of the Russian Federation Nos. 1060-1080 of August 10, 2011 on the Endorsement of the Lists of Information on the Activities of Various Bodies Placed in the Internet

Specifies information to be placed in the Internet by various governmental bodies.

Information of the Federal Service of Enforcement in the Area of Protection of Consumer Rights and Human Well-Being of August 9, 2011 on the Revocation of the Special Regime of Import of Vegetable Produce from the Countries of the European Union

Suspension of import of fresh vegetables produced in the European Union to Russia is abandoned from August 9, 2011.

Order of the Ministry of Public Health and Social Development of the Russian Federation No. 351n of April 26, 2011 on the Amendments to the Order of the Ministry of Public Health and Social Development of the Russian Federation No. 805n of September 15, 2010 on the Endorsement of the Minimum Range of Medicines for Medical Application Necessary for the Rendering of Medical Aid

Revises the minimum obligatory set of medicines of medical application to be sold in apothecary institutions.

Decree of the President of the Russian Federation No. 1092 of August 12, 2011 on the Measures to Implement the UN Security Council Resolution 1973 of March 17, 2011

Introduces a number of restrictions on operations with Libya.

Order of the Ministry of the Industry and Trade of the Russian Federation No. 976 of July 21, 2011 on the Amendments to the List of Automobiles Produced on the Territory of the Russian Federation Permitting to Reimburse the Shortfall of Income to Credit Organisations in the Cases of Purchase by Natural Persons on Credit in 2009-2011 Proceeding from Two Thirds of the Rate of Refinancing of the Central Bank of the Russian Federation

Extends the list of home-made cars included in the program of soft lending.

Letter of the Federal Tax Service No. AS-4-3/13016@ of August 10, 2011 on the List of Documents Confirming the Making of Medicines by Apothecary Institutions and Application of the 10 Percent VAT Rate in the Cases of Sale on the Territory of the Russian Federation

What is necessary for application of the reduced VAT rate in the cases of sale of medicines?

Letter of the Ministry of Transport of the Russian Federation No. 03-01/08-1980is of July 20, 2011 on the New Waybill

The new waybill can be used simultaneously with forms 1-T and TORG-12.

Decision of the Government of the Russian Federation No. 677 of August 12, 2011 on the Endorsement of the Rules of Conclusion of Lease Contracts for the State or Municipal Property of State Institutions of Higher Professional Education (Including Those Created by State Academies of Sciences) or Municipal Institutions of Higher Professional Education, State Scientific Institutions (Including Those Created by State Academies of Sciences)

Institutions of higher education may lease their property to their economic companies without contest.

Information of the Central Bank of Russia of August 12, 2011

Banks must discontinue contracts of acceptance of payments with operators from September 29, 2011.

Letter of the Federal Tax Service No. AS-4-3/13454@ of August 17, 2011 on the Information Necessary of Calculation of the Tax on Extraction of Mineral Recourses for Oil for July 2011

Increases the rate of the tax on extraction of mineral resources for oil because of the growth of world prices.

Decision of the Commission of the Customs Union No. 728 of July 15, 2011 on the Procedure of Application of Exemption from Customs Duties in the Cases of Import of Individual Categories of Goods to the Single Customs Territory of the Customs Union

Refines the list of goods exempted from customs duty in the cases of import to the Customs Union.

Decision of the Government of the Russian Federation No. 644 of August 2, 2011 on the Federal Targeted Program "Development of Internal and Inbound Tourism in the Russian Federation (Years 2011-2018)"

Endorses the above program.

Decision of the Government of the Russian Federation No. 688 of August 18, 2011 on the Amendments to Some Acts of the Government of the Russian Federation on the State Guarantees Granted for the Implementation of Investment Projects, Including the Ones in the Area of Energy Saving and Improvement of Energy Efficiency

Changes to the rules of selection of investment projects to grant state guarantees.

Order of the Federal Tax Service No. 1369 of June 27, 2011 on the Requirements to the Description of Individual Categories of Goods in Column 31 of the Declaration for Goods

Specifies the above requirements.

Draft Decision of the Government of the Russian Federation on the Endorsement of the Rules of Inspection of Vehicles

According to the new rules, vehicle inspection will take not more than one hour.

Decision of the Government of the Russian Federation No. 706 of August 19, 2011 on the Endorsement of the Rules of Coordination of Prices (Tariff Rates) in the Area of Heat Supplies Fixed by the Bodies of Executive Power of the Subjects of the Russian Federation in Charge of the State Regulation of Prices (Tariff Rates), If the Heat Consuming Plant and the Source of Thermal Energy Are Located in Different Subjects of the Russian Federation

Specifies the above procedures.

Decision of the Government of the Russian Federation No. 704 of August 19, 2011 on the Endorsement of the Regulation on the Reimbursement by Customs Bodies of Expenses (Losses) Suffered by the Party Because of the Storage of Goods, If the Customs Check Did Not Reveal Violations of the Customs Legislation of the Customs Union in the Framework of the Eurasia Economic Community and/or Legislation of the Russian Federation in the Customs Area

If violations are not found for the withdrawn goods, the owner will get reimbursement.

Decision of the Government of the Russian Federation No. 685 of August 18, 2011 on the Amendments to Some Acts of the Government of the Russian Federation

Revises the notion of retail price for gas.

Information Letter of the Federal Service for Financial Monitoring No. 17 of August 2, 2011 on the Signs of Operations, Types and Terms of Activities Showing a Higher Risk of Client Operations Committed for the Purpose of Legalisation (Laundering) of Incomes Obtained in a Criminal Way and Financing of Terrorism

Specifies the above list.

Order of the Federal Service of Enforcement in the Area of Communication, Information Technologies and Mass Communication No. 706 of August 19, 2011 on the Endorsement of the Recommendations on the Filling of the Form of the Notification of the Processing (Intention to Process) Personal Information

The persons processing personal information or intending to do it must report it to the authorised body in charge of protection of rights of subjects of such information.

Review of the Judicial Practices of the Supreme Court of the Russian Federation for the I Quarter of 2011 (Endorsed by the Presidium of the Supreme Court of the Russian Federation on June 1, 2011)

Mistakes of courts corrected by the Supreme Court of the Russian Federation recently.

Decision of the Government of the Russian Federation No. 714 of August 24, 2011 on the Endorsement of the Rates of Export Customs Duties for Raw Oil and Individual Categories of Goods of Oil Exported Outside the Territory of the Russian Federation and the Territories of the Member-States of the Customs Union Agreements

Increases the rates of customs duties from September 1, 2011.

Letter of the Federal Service of Endorsement in the Area of Protection of Consumer Rights and Human Well-Being No. 01/10790-1-32 of August 23, 2011 on the Practice of Application by Courts of the Legislation on the Protection of Consumer Rights in the Cases of Replacement of the Party in the Contractual Obligation (in the Cases Involving Territorial Bodies of the Federal Service of Endorsement in the Area of Protection of Consumer Rights and Human Well-Being)

Examines the right of banks to hand over information on borrowers and the right to claim debts from them to collection agencies.

Decision of the Government of the Russian Federation No. 716 of August 26, 2011 on the Amendments to the Decision of the Government of the Russian Federation No. 1155 of December 27, 2010

Adjusts the procedure of calculation of the rates of export customs duties for oil products.

Order of the Ministry of Economic Development of the Russian Federation, Ministry of Finance of the Russian Federation and the Central Bank of Russia No. 387/90n/2669-U of August 1, 2011 on the Requirements to Banks, As Well As the Requirements to the Contract Concluded by the Federal Authorised Organisation with Banks Participating in the Services in the Framework of the Electronic Bank Application for the Universal Electronic Card and Its Conclusion Procedure

Specifies the banks permitted to render services to holders of universal electronic cards.

Decision of the Government of the Russian Federation No. 717 of August 29, 2011 on Some Issues of State Regulation in the Area of Financial Market of the Russian Federation

Rearranges the work of the bodies of state power in the area of financial market.

Main Directions of the Tax Policy of the Russian Federation for the Year 2012 and for the Planned Period of 2013 and 2014

Insurance contributions to extra-budgetary funds will be reduced on the temporary basis, the uniform imputed income tax will be abandoned and the tax on immovable property will be introduced.

Letter of the Departmetn of the Tax and Customs Tariff Policy of the Ministry of Finance of the Russian Federation No. 03-03-06/1/521 of August 26, 2011

Electronic document drawn up in appropriate format and signed with an electronic digital signature may be submitted to the tax body in the electronic form.

Decision of the Commission of the Customs Union No. 740 of August 16, 2011 on the Amendments to the Joint Commodity Nomenclature of Foreign Economic Activities of the Customs Union and the Joint Customs Tariff of the Customs Union for Cobalt Powders

Introduces new codes and rates of duty.