Monitoring of the Federal Legislation dated 17.11.2011

Federal Law No. 311-FZ of November 16, 2011 on the Amendments to Article 15.25 of the Code of Administrative Violations of the Russian Federation

Sanctions for the failure to observe the deadlines of submission of reports and documents on currency operations are differentiated depending on the length of violation.

Federal Law No. 312-FZ of November 16, 2011 on the Amendments to Articles 3.5 and 15.25 of the Code of Administrative Violations of the Russian Federation

The fine for the failure to observe the deadlines of transfer of monetary resources received from non-residents under foreign-trade contracts is differentiated depending on the period of delay.

Federal Law No. 313-FZ of November 16, 2011 on the Ratification of the Agreement between the Russian Federation and the Republic of Abkhazia on Cooperation and Mutual Aid in the Customs Area

Ratifies the above agreement.

Federal Law No. 314-FZ of November 16, 2011 on the Ratification of the Agreement between the Russian Federation and the Republic of South Ossetia on Cooperation and Mutual Aid in the Customs Area

Ratifies the above agreement.

Federal Law No. 315-FZ of November 16, 2011 on the Ratification of the Treaty between the Russian Federation and the Finland Republic on the Lease to the Finland Republic of the Russian Part of the Saimaa Canal and the Adjacent Territory and on Navigation through the Saimaa Canal

The Russian part of the Saimaa Canal is leased to Finland for 50 years more.

Federal Law No. 319-FZ of November 16, 2011 on the Amendments to Chapter 29 of Part 2 of the Tax Code of the Russian Federation

Stakes reception points and processing centres of bookmaker offices and sweepstakes are subject to the tax on the gambling business.

Federal Law No. 320-FZ of November 16, 2011 on the Amendments to Article 251 of Part 2 of the Tax Code of the Russian Federation

Resources of owners of flats for the capital repair of the common property of the house are exempted from the profit tax.

Federal Law No. 322-FZ of November 16, 2011 on the Amendments to Article 6 of the Federal Law on Foreign Investments in the Russian Federation and the Federal Law on the Procedure for Making Foreign Investments in Economic Companies of Strategic Significance for the Country's Defence and State Security

Adjusts the law on foreign investments in strategic economic companies.

Decision of the Government of the Russian Federation No. 916 of November 3, 2011 on the Endorsement of the Rules of Obligatory Insurance of Civil Liabilities of the Owner of a Hazardous Object for the Damage As a Result of an Accident at the Hazardous Object

Endorses the above rules.