Windfall tax for major companies to be introduced in Russia

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31.08.2020
ONE SHALL CONFIRM THE PRESCRIPTION OF THE DRUG TO CLAIM A PERSONAL INCOME TAX DEDUCTION

The doctor can prescribe medication with or without a prescription form.
To claim a deduction for personal income tax in the first case, you need to use the form, and in the second - information from medical records.

28.08.2020
ADMINISTRATIVE LIABILITY FOR VIOLATIONS OF CURRENCY LEGISLATION: WHAT HAS CHANGED SINCE JULY 31

On July 31, 2020, amendments to the Code of Administrative Offences of the Russian Federation on liability for violations of currency legislation, which concern
- opening and maintaining accounts with other financial market organisations;
- repatriation of funds;
- presentation of forms of accounting and reporting on foreign exchange transactions.
 

27.08.2020
AMENDMENTS TO THE FIRE SAFETY CODE OF PRACTICE CAME INTO FORCE ON AUGUST 14

On August 14, 2020, Amendment No. 1 to the Fire Safety Code of Practice 4.13130.2013 "Fire protection systems. Restriction of fire spread at objects of defense. Requirements to spacial layout and structural decisions".

26.08.2020
MEDICAL WORKERS WORKING WITH COVID PATIENTS WILL BE ABLE TO RETIRE A LITTLE EARLIER

The Government has adjusted the procedure for calculating the "preferential" medical experience, which gives the right to early appointment of an old-age insurance pension.
For medical workers who have provided care to patients with COVID-19 from the beginning of 2020 to September 30, 2020, each day of such work will be counted in the preferential retirement experience for two days.
 

25.08.2020
STARTING FROM THE NEW YEAR, EMERGENCY ASSISTANCE TO TOURISTS ABROAD WILL BE PROVIDED ACCORDING TO NEW RULES

The Government has established new rules for providing emergency assistance to tourists.
In case of termination of activities by the tour operator, tourists are provided with the following assistance free of charge:
- transportation from the host country;
- payment of the hotel services before the start of transportation;
- transfer, luggage storage;
- emergency and urgent medical assistance, legal and other types of emergency assistance.

24.08.2020
SOCIAL DEDUCTION IS NOT INCLUDED IN THE COST OF MEDICAL TREATMENT ABROAD

To receive a social deduction for treatment, it is necessary that a medical organisation or an entrepreneur who provided medical services have a medical licence issued in Russia.
Thus, if the treatment was carried out abroad, then the expenses incurred are not included in the social tax deduction.
 

21.08.2020
THE FIRST VACCINE AGAINST COVID-19 IS AVAILABLE!

On August 11, 2020 the Ministry of Public Health registered a vaccine for prevention of the new coronavirus infection (COVID-19). It is a vector two-component vaccine based on the human adenovirus. It passed all the necessary safety and efficiency tests on several species of animals and two groups of volunteers. The vaccine does not contain the components of the COVID-19 virus. A two-fold injection scheme allows the formation of long-term immunity.
 

20.08.2020
EPIDEMIOLOGICAL RULES FOR FOREIGNERS AND RUSSIANS ARRIVING FROM ABROAD HAVE BEEN ADJUSTED AGAIN

From August 1, the rules governing the procedure for arriving into the Russian Federation by air have been clarified.
Before check-in for a flight to the Russian Federation, Russians must fill in a questionnaire on the website of state services. Upon arrival, within three days, Russians shall pass a PCR test for COVID, and post its result on the website of state services. In case of any ailment within 14 days from the moment of arrival, one shall immediately apply for medical assistance remotely.
Foreign citizens and stateless persons, already upon boarding the plane, must have a certificate of a negative PCR test for COVID, made no earlier than three calendar days before arriving in Russia.
 

19.08.2020
PROGRAM FOR SELLING TOURS IN RUSSIA WITH CASHBACK STARTS ON AUGUST 21, 2020

The program to stimulate domestic tourism with possibility of receiving cashback for buying tours in Russia or staying at a hotel will be available only for a week and will terminate on August 28, 2020.
All Russian regions participate in the program. The trip must begin no earlier than August 21, but no later than December 20, 2020, and end - no earlier than August 25, but no later than December 31, 2020. Exception - 7 regions (Kaliningrad region, Republic of Crimea and Sevastopol, Altai, Stavropol and Krasnodar regions, Altai Republic). Cashback trips for these destinations will be available from October 1, 2020.

18.08.2020
TERMS FOR CONTROL OF FOREIGN INVESTORS WORKING WITH STRATEGIC COMPANIES HAVE BEEN CLARIFIED

COMPANIES HAVE BEEN CLARIFIED
The President of the Russian Federation signed the Law on amendments to the Law on foreign investments in strategic business companies, which clarified:
- foreign investor control terms;
- signs of a strategic business entity under control;
- grounds for preliminary approval of transactions.
 

17.08.2020
REGISTER OF SMALL AND MEDIUM-SIZED ENTERPRISES HAS BEEN UPDATED

On the website of the Federal Tax Service, the Unified Register of Small and Medium Enterprises was updated taking into account the postponed deadlines for submitting tax reports. The presence of information in the Register is one of the conditions for obtaining a state support during a pandemic.
The Register of Small and Medium Enterprises is updated annually on August 10.
 

14.08.2020
A BAN ON REPLENISHMENT OF UNIDENTIFIED E-WALLETS WITH CASH CAME INTO FORCE

On August 3, 2020 amendments to the Law on the National Payment System came into force, aimed at minimizing the risks of using electronic means of payment in money laundering schemes.
In particular, from the specified date Article 7 of this Law provides that a client - a natural person who has not been identified or simplified identification in accordance with Law No. 115-FZ on countering the legalisation of illegal earnings (money laundering), can provide funds to an electronic money operator only using a bank account.
The Bank of Russia promptly clarified that these restrictions do not apply to transport and school cards.
 

13.08.2020
PARENTS OF TEENAGERS HAVE LEGAL ACCESS TO CHILDREN'S MEDICAL RECORDS

Parents of adolescents 15-17 years old have legal access to complete information about the health of their children. However, if a teenager acquires full legal capacity after 16 years of age, but before adulthood (for example, marries), parental access to his medical documents is terminated.
 

12.08.2020
WINES AND CHAMPAGNE PRODUCED IN THE EAEU COUNTRIES ARE ALLOWED FOR PROMOTION

It is allowed to advertise wines and champagne wines produced in the EAEU countries from grapes grown on the relevant territories. Condition - the place of growth of such grapes shall be confirmed.

11.08.2020
CONSUMPTION, ADVERTISING AND SALES OF NICOTINE-CONTAINING PRODUCTS ARE LIMITED

Amendments have been made to the Law on public health protection, the RF Code of Administrative Offences, the Law on advertising and a number of other acts. The amendments concern restrictions and prohibitions on the use, sales and advertising of nicotine-containing products, as well as on dissemination of information on it. Restrictions are also applicable to hookahs.

10.08.2020
EMPLOYEES OVER THE AGE OF 40 WILL BE PROVIDED WITH PAID BUSINESS HOURS FOR MEDICAL EXAMINATION

Employees aged 40 or over will be provided with a paid working day for passing medical examination once a year (previously, it was stipulated by the law as once each 3 years).
The use of the provided day for medical examination shall be confirmed by a statement issued by a medical organisation. Employees of the pre-retirement and retirement age shall have the right to two paid working days a year for medical examination.

07.08.2020
THE CENTRAL BANK OF THE RUSSIAN FEDERATION REDUCED THE KEY RATE

On July 24, 2020 the Bank of Russia decided to reduce the key rate to 4.25% per annum. The dynamics of inflation is analysed. It is assumed that its level will be about 4%.
 

06.08.2020
PROTECTIVE DOCUMENTS FOR INDUSTRIAL PROPERTY OBJECTS WILL BE ISSUED IN ELECTRONIC FORM ACCORDING TO THE GENERAL RULE

The Civil Code of the Russian Federation was amended to provide for the issuance of the following documents in electronic form:
- trademark certificate;
- certificates of exclusive right to a geographical indication or appellation of origin of goods;
- certificates of state registration of a computer programme, database, integrated circuit topology;
- patent for an invention (excluding secret inventions), utility model or industrial design.

05.08.2020
THE MINISTRY OF EDUCATION TOLD ABOUT THE FORMAT OF SCHOOLING IN THE NEW ACADEMIC YEAR

As the Minister of Education said during a briefing in the Government of the Russian Federation, it is not planned to replace traditional education with distance learning in the new academic year. Distance learning is considered only as an addition to the classical form.
Departmental officials also expects that the epidemiological situation will allow traditional celebratory assembly to be held in schools on September 1, 2020.

04.08.2020
HOW TO RETURN TICKETS IF YOUR FLIGHT IS CANCELLED DUE TO THE PANDEMIC

The RF Ministry of Transport recalled that when a high alert or emergency regime is introduced, airline companies must refund the carriage charge to passengers both at "refundable" and "non-refundable" tariffs in the following cases:
- passenger’s refusal of carriage (when the air carrier performs the flight);
- a flight is cancelled by the air carrier.

03.08.2020
A DRAFT LAW IS SUBMITTED TO THE STATE DUMA ON SETTING OUT THE MOST SIGNIFICANT CONDITIONS OF BANK DEPOSIT AGREEMENTS WITH INDIVIDUALS IN THE FORM OF A TABLE

Significant terms of the agreement shall include the following data:
- the type of deposit, its amount and currency;
- possibility of its replenishment and the return period;
- the interest rate on the deposit;
- possibility of its early (pre-schedule) return;
- possibility and the procedure for extending the term of the fixed period deposit.
At the same time, it is provided that at discretion of the parties to the agreement, the table may be supplemented with other conditions that do not contradict the requirements of federal laws.
The table should be placed on the first page of the agreement and be well readable.
The minimum guaranteed interest rate on the deposit should also be designated there.
 

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