Windfall tax for major companies to be introduced in Russia

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31.12.2020
TRANSPORT AND SCHOOL CARDS ARE REMOVED FROM THE BAN ON CASH REPLENISHMENT FROM ANONYMOUS E-WALLETS

 Amendments have been made to the Law on the National Payment System, providing that the ban on cash replenishment with anonymous e-wallets shall not cover transport and school cards. This means the possibility of replenishing the mentioned cards with cash.

30.12.2020
THE CENTRAL BANK OF THE RUSSIAN FEDERATION KEPT THE KEY RATE LEVEL UNCHANGED

 On December 18, 2020, the Bank of Russia decided to keep the key rate at 4.25% per annum.

 
29.12.2020
MANDATORY PRE-INSTALLATION OF RUSSIAN PROGRAMMES FOR CERTAIN TYPES OF TECHNICALLY COMPLEX GOODS WAS POSTPONED UNTIL APRIL 1

 The federal law has been signed, which provides for the postponement of the entry into force of the requirement to pre-install Russian software for certain types of technically complex goods until April 1, 2021.

28.12.2020
THE RF GOVERNMENT THE PROCEDURE FOR REPORTING OF FINANCIAL ASSETS ABROAD STARTING FROM 2021
The procedure has been adjusted for residents (citizens, organisations and individual businessmen) how to file with tax authorities reports on movement of funds on accounts (deposits) in banks or other organisations of the financial market that are located abroad.
This is due to amendments to the Law on the Currency Regulation. From 2021, it is necessary to report on movement of financial assets, which include securities, financial derivatives, claims from an insurance contract, etc.
 
25.12.2020
COVID! FIRST OF ALL, DOCTORS, TEACHERS, SOCIAL WORKERS, EMPLOYEES OF MULTIFUNCTIONAL PUBLIC SERVICES CENTRES AND PEOPLE WITH CHRONIC DISEASES WILL RECEIVE THE CORONAVIRUS VACCINE

 Vaccination against COVID-19 included in the calendar of preventive vaccinations for epidemic indications. The categories of citizens subject to mandatory vaccination against coronavirus and the sequence of the implementation have been established. Priority for doctors, teachers, social workers, employees of multifunctional public services centres, people with chronic diseases, including those suffering from diabetes, obesity and cardiovascular problems.

 
24.12.2020
ELECTRONIC EMPLOYMENT RECORD BOOK OR ON A PAPER MEDIUM: THE CHOICE MUST BE MADE BEFORE THE END OF THE YEAR

 Until December 31, 2020 inclusive, all working citizens must submit a written application to the employer in any form about keeping an employment record book in electronic form or keeping on a paper medium. The transition to an electronic employment record book is voluntary.

 
23.12.2020
FINANCIAL LEGISLATION NO LONGER PROVIDES FOR THE POSSIBILITY OF ISSUING SALARIES BY POWER OF ATTORNEY

 The amendments to Direction of the Bank of Russia No. 3210-U of March 11, 2014 on the Procedure for the Conducting of Cash Operations entered into force on November 30.

Now the cashier must make sure that the cash is dispensed to the person named on the payroll. That is, from November 30, 2020, cash withdrawal, including salary, is not provided by power of attorney.
 
22.12.2020
OSAGO AGREEMENTS IN ELECTRONIC FORM SHOULD ALSO BE AVAILABLE FOR DRIVERS WITH FOREIGN DRIVING LICENSES

 When concluding third party liability insurance agreements in the form of an electronic document, websites of certain insurers do not allow entering data on a foreign driver's license into the application, since the corresponding field is limited to 10 characters required for Russian licenses. This is evidenced by citizens' appeals to the Bank of Russia.

The Central Bank of the Russian Federation notes that such practice is unacceptable and may result in sanctions.
 
21.12.2020
FROM DECEMBER 14, 2020 THE PROCEDURE FOR CONSIDERING PLEAS OF MERCY HAS BEEN UPDATED

 The new Regulations on the procedure for considering pleas of mercy in the Russian Federation came into force.

Updates: the list of persons to whom pardon may be applied, and the list of persons whose petitions may be taken into account are extended and now include relatives, lawyers, members of the public, as well as victims or their relatives.
 
18.12.2020
AMENDMENTS HAVE BEEN MADE TO THE LEGISLATION ON THE JUDICIAL SYSTEM IN ORDER TO IMPLEMENT THE PROVISIONS OF THE UPDATED CONSTITUTION

 The amendments have been introduced into federal constitutional laws on the Judicial System of the Russian Federation, on the Arbitration Courts in the Russian Federation, on Courts of Law in the Russian Federation, on Military Courts of the Russian Federation, as well as into laws on the Status of Judges in the Russian Federation, on the Bodies of the Judicial Corps in the Russian Federation and into the Code of Administrative Court Proceedings of the Russian Federation.

 
17.12.2020
AMENDMENTS TO THE LABOUR CODE OF THE RUSSIAN FEDERATION ON DISTANCE (REMOTE) WORK WILL ENTER INTO FORCE ON JANUARY 1, 2021

 The President of the Russian Federation signed the federal law on amending the Labour Code of the Russian Federation.

Permanent, temporary (up to six months) and combined modes of remote operation are provided.
The temporary distance regime will be introduced on the basis of an employment contract or an agreement to it. Moreover, in circumstances of force majeure, a local act will be sufficient. 
Maximum opportunities for electronic document management are provided for with the mutual consent of the employee and the employer. 
When an employee uses his/her own machinery and equipment, the employer will have to compensate him/her for depreciation and overhead costs (for example, for electricity).
 
16.12.2020
SUPER SERVICE ‘EUROPROTOKOL ONLINE’ IS NOW AVAILABLE THROUGHOUT RUSSIA

 The super service "Europrotokol online" which allows register a traffic accident without calling the traffic police officers, started working on the whole territory of Russia. The service works through the mobile application "OSAGO Assistant", integrated with the Unified Portal of Public Services.

The mobile app must be installed on the smartphone of one of the participants in the accident. Please note: the data shall be filled in by the participants on one device!
 
15.12.2020
THE ‘DACHA AMNESTY’ MAY BE APPLIED UNTIL MARCH 1, 2026

 The "dacha amnesty" has been extended until March 1, 2026. Herewith, now it concerns residential and garden houses located on land plots intended not only for gardening by citizens, but also for individual housing construction or personal household plots within the boundaries of the settlement.

The rights to these houses may be formalised under a simplified procedure. All you need is a technical plan and a title deed for the site, if the rights to the land plot right are not registered with the Unified State Cadastral Register.
 
14.12.2020
THE PROCEDURE FOR USING PERSONAL VIEWERS’ CARDS IS CHANGED

 Due to the postponement of the matches of the UEFA European Football Championship, the Ministry of Digital Affairs has adjusted the procedure for using personalised viewers’ cards.

 
11.12.2020
A SPECIAL CALCULATOR WILL HELP TO CALCULATE THE EFFECTIVENESS OF THE IMPLEMENTATION OF ELECTRONIC DOCUMENT MANAGEMENT

An electronic service "Calculator of the Effectiveness of the Implementation of Electronic Document Management" has posted on the website of the Federal Tax Service. With its help, one can calculate benchmarks for costs, payback period and the economic effect of the introduction of electronic document management.
 

10.12.2020
OLD-STYLE CAR FIRST-AID KITS MAY BE USED UNTIL 2025

On January 1, 2021, new requirements for the contents of a car first-aid kit will come into force. At the same time, motorists do not need to buy new first-aid kits, they will be able to complete the existing ones in accordance with the new requirements.
 

09.12.2020
THE RF MINISTRY OF FINANCE RECALLED THAT THE STATE DUTY FOR REGISTRATION OF LEGAL ENTITIES AND INDIVIDUAL BUSINESSMEN WHEN FILING DOCUMENTS VIA MULTIFUNCTIONAL CENTERS SHALL NOT BE PAID

Since 2019, the state duty for registration of legal entities and individual businessmen has been cancelled (for filing documents in electronic form). It concerns the following legally significant actions:
- state registration of a legal entity (with a number of exceptions);
- state registration of changes to the constituent documents of a legal entity;
- state registration of liquidation of a legal entity;
- state registration of individuals as individual businessmen, or termination of activities by individuals as individual businessmen.
 

08.12.2020
AN EXPERIMENT ON THE IMPLEMENTATION OF ELECTRONIC CITIZEN PASSPORTS IS PLANNED TO BE STARTED BY THE END OF 2021

It is reported that the Ministry of Internal Affairs, together with the Ministry for Digital Development, Communications and Mass Media, the Government of Moscow, other interested government bodies and the business community, are working out approaches to conducting an experiment to issue a passport with an electronic data medium in Moscow with its subsequent distribution throughout the country.
 

07.12.2020
FROM DECEMBER 1, 2020, ARREAR NOTIFICATIONS MAY BE OBTAINED FROM TAX AUTHORITIES VIA SMS - FOR THIS, YOU SHOULD SEND YOUR CONSENT

From April 1, 2020, tax authorities are granted the right to inform, no more than once a quarter, taxpayers and tax agents of arrears and (or) penalties and fines, via SMS service and (or) e-mail. For this, the taxpayer should send a written consent.
The consent may be submitted on paper, or by the registered mail, or through the personal taxpayer's account.
 

04.12.2020
THE BASIC RATE OF PERSONAL INCOME TAX WAS INCREASED TO 15% ON INCOME EXCEEDING FIVE MILLION ROUBLES PER YEAR

Amendments were made to the Tax Code of the Russian Federation that change the procedure for calculating the tax base and the basic rate of personal income tax. It is envisaged to increase the personal income tax rate from January 1, 2021 to 15% in respect of personal income exceeding five million roubles for the tax period (calendar year).
 

03.12.2020
ELEVENTH-GRADERS WILL WRITE THE FINAL ESSAY ON APRIL 5, 2021

Due to the pandemic, the final essay (narration) by students that pass the GIA-11 examination is postponed until April 5, 2021. Repeatedly (for the proved reasons), students will be able to pass examination on April 21 and May 5, 2021.
 

02.12.2020
FROM 2021, PAYMENTS FOR THE EMPLOYER'S USE OF THE EMPLOYEE'S SERVICE INVENTION WILL BE INCREASED UP TO THE AMOUNT OF THREEFOLD WAGE

The Prime Minister has signed a decision according to which the amount of payments to employees for innovative developments and solutions useful for business will increase. Starting from the next year, if an employer used an employee’ invention for the previous twelve calendar months, the remuneration shall be paid to the employee being author (inventor) be equal to threefold average wage, and for the use of an official utility model, or an official industrial design - twofold average wage. Currently, similar payments are equal to one average wage.
 

01.12.2020
EMPLOYEES OF THE MINISTRY OF INTERNAL AFFAIRS WILL CONTINUE TO ISSUE BIOMETRIC PASSPORTS AT MULTIFUNCTIONAL PUBLIC SERVICES CENTRES

The possibility of issuing foreign travel passports with electronic media by the Ministry of Internal Affairs at Multifunctional Public Services Centres has been extended until December 1, 2021.
 

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