Windfall tax for major companies to be introduced in Russia

Garant Free Online Demo

Legal information system for your company.
Simply click on the button Start working and the system Legislation of Russia in English will be available for unlimited time.

Daily Monitoring of the Legislation

Monitoring of the Federal Legislation dated 29.03.2002

Order of the Ministry of Taxation of Russia No. BG-3-02/98 of February 26, 2002 On the Approval of Methodological Recommendations On the Application of Chapter 25 "Profit Tax Of Organizations" of Part Two of the Tax Code of the Russian Federation

The Methodological recommendations have been issued with the objective to ensure a uniform application of the norms of Chapter 25 of the Tax Code and to exercise control over the compliance with the legislation on taxes and fees. The Order clarifies a procedure of application of a number of articles of the given chapter of the Code, providing examples of how to assess a profit tax under various transactions.

Directive of the Central Bank of Russia No. 1114-U of February 21, 2002 On the Introduction of Changes and Amendments In Regulations on the Bank of Russia No. 85-II of August 5, 1999 On the Procedure for Using the Reporting Data of Members of the Group of Non-Credit Institutions In the Preparation By Credit Institutions of the Consolidated Financial Statements

Regulations on the Bank of Russia No. 850II are given in its latest version with due account taken of the amendments introduced in the regulations on the Bank of Russia on the consolidated financial statements of credit institutions and on the procedure for using the reporting data of credit institutions in the preparation of the consolidated financial statements of the banking group. The regulations specify peculiarities of incorporation in the consolidated statements of the reporting data of non-credit institutions and also a procedure for submission by them of data both under the latest Chart of accounts and the former Chart of accounts. It offers fresh examples of how to use the data of non-credit institutions in the preparation of consolidated financial statements.
The Directive shall apply to the consolidated financial statements for the year 2001.
The Directive shall take effect as from its publication in "the Bulletin of the Bank of Russia". The text of the Directive was published in "Bulletin of the Bank of Russia" No. 11 of February 28, 2002.

Decision of the Government of the Russian Federation No. 136 of February 28, 2002 on the Procedure and Terms of Financing in 2002 of Preventive Measures to Reduce Industrial Injuries and Occupational Diseases of Employees

Defines the procedure and terms of partial financing in 2002 of preventive measures to reduce industrial injuries and occupational diseases of employees at the expense of insurance contributions in obligatory social insurance against industrial accidents and occupational diseases transferred by insurers to the Social Insurance Fund of the Russian Federation. The decision on the transfer of the resources shall be taken by the Fund within 15 days from the day of submission of the application by the insurer. The applications shall be accepted before July 1, 2002. The amount of the allocated resources may not be greater than 20% of the amount of insurance contributions transferred for the year 2001.
The list of preventive measures must be worked out by the Ministry of Labour within one month.

Decision of the Government of the Russian Federation No. 135 of February 11, 2002 on the Licensing of Individual Types of Activities

Endorses the new list of the federal bodies of executive power in charge of the licensing in compliance with the Law on the licensing of individual types of activities. Also endorses the list of the types of activities to be licensed by the bodies of executive power of the subjects of the Russian Federation.

Letter of the Central Bank of Russia No. 22-T of February 26, 2002 on the Average Earnings and Additional Leaves

Explains the issues of calculation of the average earnings and providing additional paid leaves to specialists beginning with February 1, 2002 after the entering into force of the Labour Code of the Russian Federation. Before the official explanation of the Ministry of Labour of the Russian Federation is received, the calculation of the average earnings in 2002 must be carried out taking into account the provisions of the Labour Code of the Russian Federation (Article 139) and, where it does not contradict it, the procedure of calculation of the average earnings in 2000-2001 having been prolonged for the year 2002. If necessary, there will be directions on the recalculation of the earlier effected payments.
The Letter provides examples of calculation of the total length of the leave (main and additional annual paid leaves) granted after February 1 and the conversion of the working days into the calendar ones.

Order of the Ministry of Communication of the Russian Federation No. 29 of February 19, 2002 on the Issue of Permissions to Distribute Foreign Periodicals on the Territory of the Russian Federation

Institutes the procedure of getting the permission of the Ministry of the Russian Federation for Printing, TV and Radio Broadcasting and Means of Mass Communication to distribute foreign periodicals, i.e. periodicals not registered in the Russian Federation with the place of permanent stay of the founder or editorial board outside it, as well as the ones financed by foreign states, legal entities and citizens. Endorses the forms of the application on the issue of the permission and the form of the permission to distribute the mentioned products.
Registered in the Ministry of Justice of the Russian Federation on February 27, 2002. Reg. No. 3274.

Letter of the Ministry of Taxes and Revenues of the Russian Federation No. SA-6-05/150@ of February 6, 2002 on the Payment of the Uniform Social Tax by the Payers of the Uniform Imputed Income Tax

Beginning with January 1, 2002, the composition of payments not collected from the payers of the uniform imputed income tax does not include the payments to the state social non-budgetary funds. Thus, beginning with January 1, 2002, the payers of the uniform imputed income tax shall pay the uniform social tax according to the procedure specified in Chapter 24 of the Tax Code of the Russian Federation. This is in compliance with the terms of functioning of the special tax regimes envisaging the replacement of the payment of the multitude of taxes and revenues with the uniform tax.

Letter of the State Customs Committee of the Russian Federation No. 01-06/7528 of February 22, 2002 on the Customs Registration of the Most Important and Vital Medical Equipment

Lists the codes according to the Foreign Trade Commodity Nomenclature of the Russian Federation of the most important and vital medical equipment imported to the customs territory of the Russian Federation with VAT exemption. The exemption of these commodities from taxation is effected by the customs body upon submission of the compliance certificate or registration certificate of the Ministry of Public Health of the Russian Federation (its notary certified copy or copy certified by the Ministry of Public Health of the Russian Federation). When raw materials and component parts are imported to produce the most important and vital medical equipment, the decision on VAT exemption is taken by the State Customs Committee of the Russian Federation.

Federal Law No. 23-FZ of March 4, 2002 on the Amendments to the Criminal Code of the Russian Federation Pertaining to the Enhancing of the Criminal Liability for Crimes at Securities Market

Amendments envisage enhancing of the liability for the crimes at securities market in cases of issue of securities, as well as fraudulent avoidance to disclose information. The new wording of Article 185 envisages two new crimes - endorsement of the report of the results of issue of securities known to contain invalid information and the placing of emission securities having failed to pass the state registration. The law introduces the new Article, 185-1, envisaging the following crimes: fraudulent avoidance to disclose information defined in the legislation of the Russian Federation on securities to the investor or control body, as well as presenting information known to be incomplete or false to the mentioned persons.
These crimes shall be punished with a fine of 500 to 700 minimum amounts of labour remuneration (earlier, 200 to 500 minimum amounts of labour remuneration). The law also envisages opportunities of applying such sanction as imprisonment for up to 3 years.
The Federal Law is entered into force from the day of its official publication. The text of the Federal Law is published in the Rossiyskaya Gazeta on March 6, 2002, No. 41.

Decree of the President of the Russian Federation No. 249 of March 4, 2002 on the Measures to Improve the System of Monetary Subsistence of Servicemen

Before May 1, 2002, the Government of the Russian Federation must provide for the correspondence of the main typical military positions and grades of contract servicemen to state positions of the state federal service and qualification grades of the state federal servants of the federal bodies of executive power to define the amounts of the monetary subsistence of the mentioned category of servicemen. The same time limits are fixed to prepare proposals on the amounts of salaries of draft servicemen. The increase in the monetary subsistence of the mentioned categories of state servants will be arranged simultaneously.
The Decree is entered into force from the day of its signing.

Decision of the Government of the Russian Federation No. 138 of March 4, 2002 on the Amendments to the Decision of the Government of the Russian Federation No. 1198 of October 28, 1999

Reduces the rates of export customs duties for individual types of items of ferrous metals exported from the territory of the Russian Federation outside the member-states of the customs union agreements - from 5 to 3 percent of the customs cost.
The Decision is entered into force one month after the day of its official publication.

Decision of the Government of the Russian Federation No. 141 of March 4, 2002 on Some Issues of the Implementation of the Federal Law on the State Pension Support in the Russian Federation

The assigning, recalculation of the amount, the paying out and organization of delivery of the pensions to the state federal servants, participants of the Great Patriotic War, disabled citizens and citizens having become victims of radiation and technical disasters shall be arranged by the territorial bodies of the Pension Fund of the Russian Federation at the place of residence of the person having applied for the pension according to the procedure envisaged for the assigning and paying out of the labour pensions. A special procedure is fixed for the pensions paid out to servicemen and the length-of-service pensions paid out to state federal servants.
The Decision applies to legal relations in state pension support in the Russian Federation emerging after January 1, 2002.

Decision of the Government of the Russian Federation No. 137 of February 28, 2002 on the Measures to Implement the Federal Law on the Federal Budget for the Year 2002

Execution of the federal budget shall be arranged in accordance with the quarterly distribution of incomes, expenses and sources of financing of the deficit of the federal budget envisaged in the summary budget list of the federal budget for the year 2002. The Decision fixes the maximum amounts of expenses to be financed later.
Recipients of the resources of the federal budget may effect advance payments under the concluded contracts for supplies of commodities, works, services in amounts not greater than 20% of the amount of the contact if other amounts of advance payments are not envisaged in the legislation.
The Decision fixes the limit for granting tax credits, respites, extension schedules for the payment of the federal taxes and revenues (including the moving of commodities across the customs border of the Russian Federation) in the amount not greater than Rbl 1,000 million within the fiscal year.

Federal Law No. 22-FZ of March 4, 2002 on the Amendment to Article 45 of the Law of the Russian Federation on the Pension Support to Persons Having Undergone Military Service, Service in the Bodies of the Ministry of Internal Affairs, Institutions and Bodies of the Criminal Execution System and Their Families

Persons getting additional monthly material subsistence for outstanding achievements and special services to the Russian Federation do not enjoy pension increase under Items "a" and "c" of Part 1 of Article 45 of the mentioned Law.
The Federal Law is entered into force from January 1, 2002.

Order of the State Customs Committee of the Russian Federation No. 1 of January 4, 2002 on the Endorsement of the Regulation on the Application of the Transit Customs Regime for Commodities Moved Through the Customs Territory of the Russian Federation

According to the transit customs regime, the commodities are moved under the customs control between two customs bodies of the Russian Federation, including the territory of a foreign state, without collection of the customs duties, taxes, as well as application of economic policy to the commodities. The Order defines the particulars of the customs registration and control when transporting the commodities by different types of transport. The Regulation does not apply to the transit of commodities moved by oil, oil product and gas mainlines, as well as by electric power lines.
The Order lists the documents presented by the declaring party among which is the transit declaration, invoices or forms, permission of the customs body to carry out cargo handling operations and other.
The Order is entered into force thirty days after its publication.
Registered in the Ministry of Justice of the Russian Federation on March 4, 2002. Reg. No. 3277.

Letter of the Ministry of Taxes and Revenues of the Russian Federation No. VG-6-02/203@ of February 22, 2002 on the Profit Tax

For the year 2001, the profit tax must be calculated on the basis of the tax estimate (tax declaration) proceeding form the actual profit according to the form provided in Appendix 9 to the Instruction of the Ministry of Taxes and Revenues of Russia No. 62 of June 15, 2000 on the procedure of calculation and payment to the budget of the profit tax for enterprises and organizations. Submission of the mentioned estimate to the tax body and payment of the calculated amount of the tax to the appropriate budgets shall be arranged according to the procedure and within time limits specified in the Law of the Russian Federation No. 2116-1 of December 27, 1991 on the profit tax for enterprises and organizations.

Letter of the Ministry of Taxes and Revenues of the Russian Federation No. FS-6-10/199@ of February 21, 2002 "Requisites of Accounts to Transfer the Taxes and Revenues in Foreign Currency"

Provides the new requisites of accounts to transfer the taxes and revenues in foreign currency, as well as confiscated currency, as incomes in the federal budget pursuant to the introduction of euros from January 1, 2002 - the joint currency of the member-countries of the European Economic and Currency Union.

Federal Law No. 21-FZ of March 4, 2002 on the Additional Monthly Material Subsistence to the Citizens of the Russian Federation for Outstanding Achievements and Special Services to the Russian Federation

Defines the terms and procedure of assigning and paying out the additional monthly material subsistence to the citizens of the Russian Federation for outstanding achievements and special services to the Russian Federation added to the pensions assigned in compliance with the legislation of the Russian Federation. The additional material subsistence is assigned, in particular, to the Heroes of the Soviet Union, Heroes of the Russian Federation, citizens awarded with Order for the Special Services to the Fatherland of the 1st, 2nd, 3d and 4th grades, Heroes of Socialist Labour, champions of Olympic games and other. The amount of the subsistence is fixed in percent to the basic part of the old-age labour pension.
For other citizens of the Russian Federation having displayed special services to the people and the state in the sphere of state, public and economic activities or outstanding achievements in the sphere of culture, science and technology, the amount of the additional material subsistence may be fixed by the President of the Russian Federation.
The Federal Law is entered into force from January 1, 2002 and for the citizens awarded with the Order of Lenin - from January 1, 2003.

Order of the Ministry of Taxes and Revenues of the Russian Federation No. BG-3-05/45 of December 31, 2001 on the Endorsement of the Instruction on the Filling Out of the Tax Declaration for the Uniform Social Tax (Contribution)

To implement Chapter 24 "Uniform Social Tax (Contribution)" of the Tax Code of the Russian Federation, endorses the Instruction on the filling out of the tax declaration for the uniform social tax (contribution).
The tax declaration for the uniform social tax (contribution) is filled out by acting as employers: organizations including those engaged in production of agricultural product, tribal communities of small peoples of the North engaged in traditional industries, peasant (farmers') enterprises, independent entrepreneurs and natural persons.
The declaration is submitted by the taxpayers to the territorial inspections of the Ministry of Taxes and Revenues of Russia no later than March 30 of the year following the expired tax period.
Registered in the Ministry of Justice of the Russian Federation on March 5, 2002. Reg. No. 3283.

Order of the Ministry of Taxes and Revenues of the Russian Federation No. BG-3-05/119 of March 11, 2002 on the Endorsement of the Form of the Tax Notification for the Payment of the Uniform Social Tax and Insurance Contributions to the Pension Fund of Russia for Independent Entrepreneurs

Endorses the new form of the tax notification for the payment of the uniform social tax and insurance contributions to the Pension Fund of the Russian Federation taking into account the amendments to Chapter 24 "Uniform Social Tax" of the Tax Code of the Russian Federation having entered into force from January 1, 2002.

Order of the Ministry of Taxes and Revenues of the Russian Federation No. BG-3-03/51 of February 4, 2002 on the Endorsement of the Instruction on the Filling Out of the Declaration for Excise Duty Taxes

To implement the provisions of Chapter 22 "Excise Duty Taxes" of Part 2 of the Tax Code of the Russian Federation, endorses the obligatory for the taxpayers Instruction on the filling out of the declaration for excise duty taxes.
Registered in the Ministry of Justice of the Russian Federation on March 6, 2002. Reg. No. 3285.

Order of the Ministry of Transport of the Russian Federation No. 10 of January 23, 2002 on the Organization of Traffic on the Federal Highways in the Spring of 2002

For the period from March 25 through May 15, 2002, introduces a temporary restriction on the public use federal highways of the traffic of transport vehicles with axle loads greater than the values provided in the Order. The travel through the mentioned highways with excessive axle loads shall not be permitted. An exception is made for the cases of transportation of passengers, foodstuffs, medicines, oils and lubricants, seeds, mail and postal cargo, cargo necessary for prevention or elimination of the consequences of natural disasters or other emergencies. Such transportation shall be carried out using special permits issued by the Ministry of Transport of Russia or its subordinate institutions.
Registered in the Ministry of Justice of the Russian Federation on March 7, 2002. Reg. No. 3286.

Decision of the Social Insurance Fund of the Russian Federation No. 11 of February 5, 2002 on the Endorsement of the Method of Calculation of Discounts and Mark-Ups to Insurance Tariff Rates for Obligatory Social Insurance Against Industrial Accidents and Occupational Diseases

The endorsed method defines the procedure of calculation of the main figures summarizing the activities of the insurer for the previous calendar year. On the basis of these figures, the Social Insurance Fund shall fix discounts and mark-ups to insurance tariff rates for obligatory social insurance against industrial accidents and occupational diseases for the current calendar year. The amount of discounts and mark-ups may not be greater than 40% of the insurance tariff rate.
Registered in the Ministry of Justice of the Russian Federation on March 6, 2002. Reg. No. 3284.

Letter of the Ministry of Taxes and Revenues of the Russian Federation No. VM-6-29/230 of March 1, 2002

Reports that the decision on the restructuring of the debt of agricultural enterprises and organizations in the federal taxes and revenues, as well as in insurance contributions to the budgets of the state non-budgetary funds will be taken under the condition of transfer of all current payments by them from January 1, 2001 until this decision is taken. The same condition is adopted for the chief executors of the state defence order finishing the redemption of the debt in the state defence order.

Federal Law No. 25-FZ of March 12, 2002 on the Amendment to Article 1 of the Federal Law on Additional Social Support for the Members of the Flight Crews of Air Vessels of Civil Aviation

Specifies that the supplement to the pension for the members of the flight crews of air vessels of civil aviation shall be paid out only under the condition of leaving the flight work.
In the framework of the pension reform, the mentioned persons obtained the right to get the pension in full amount regardless of whether or not they left the flight work. Thus, the members of the flight crews of air vessels of the civil aviation engaged in flight work and entitled for the pension do not get the pension supplement.
The Federal Law is entered into force from January 1, 2002.

Letter of the Central Bank of Russia No. 27-T of March 6, 2002 on the Inspection Checks of Credit Organizations

In March-April 2002, inspection divisions of the territorial institutions of the Central Bank of Russia will carry out the checks of the credit organizations in the sphere of observation of the provisions of the Federal Law on the countermeasures against legalization (laundering) of incomes obtained in a criminal way.
The Letter specifies the particulars of carrying out inspection checks inasmuch as they pertain to the fixing, storage and submission of information on operations subject to obligatory control, as well as organization in credit organizations of internal control to prevent the legalization (laundering) of incomes obtained in a criminal way.

Decision of the Constitutional Court of the Russian Federation of March 14, 2002 on the Case of Constitutionality of Articles 90, 96, 122 and 216 of the Criminal Procedural Code of the RSFSR Pursuant to the Appeals of Citizens S.S.Malenkin, R.N.Martynov and S.V.Pustovalov

The challenged Articles permit to restrict the freedom and personal immunity of citizens for over 48 hours without a court ruling at various stages of pre-trial proceedings in a criminal case, which, according to the applicants, is in violation of the right for freedom and personal immunity guaranteed by Article 22 of the Constitution of the Russian Federation.
The Constitutional Court of the Russian Federation has emphasised that in cases when the right requiring a law to protect it is directly specified in the Constitution of the Russian Federation, this duty must be executed as soon as possible. The previous procedure of detention and use of it as a measure of restraint actually leads to the refusal to implement the mechanism of judicial protection of the rights and freedoms of the person and citizen guaranteed by Chapter 2 of the Constitution of the Russian Federation, which may not be compensated by the granting of the opportunity to appeal against the detention or prolongation of it in court to the accused and suspect subject to the detention as a measure of restraint.
The Constitutional Court has recognized the provisions of Articles 90, 96, 122 and 216 of the Criminal Procedural Code of the RSFSR permitting to detain the person suspected of a crime for more than 48 hours and use the detention as a measure of restraint without a court ruling as not complying with the Constitution of the Russian Federation - its Articles 17, 22 and 46 (Part 1), as well as Paragraph 2 of Item 6 of Section 2 "Final and Transient Provisions". All other normative legal provisions permitting the detention before a court ruling for more than 48 hours, as well as arrest and detention without a court ruling, must be abandoned according to the established procedure and shall not apply from July 1, 2002, i.e. from the moment of introduction of the Criminal Procedural Code of the Russian Federation. In this connection, the Federal Assembly is ordered to introduce appropriate amendments to the legislation immediately to provide for the introduction from July 1, 2002 of the norms envisaging the judici al procedure of application of the arrest, detention for more than 48 hours.

Federal Law No. 27-FZ of March 12, 2002 on the Amendments to Appendices 17 and 18 to the Federal Law on the Federal Budget for the Year 2002

Corrects inaccuracies of the technical and judicial nature. The list of legislative acts of the Russian Federation suspended from January 1 through December 31, 2002 now does not contain the items suspending Article 2 of the Federal Law No. 113-FZ of July 21, 1997 on the procedure of calculation and increase of state pensions, as well as the Federal Law No. 19-FZ of January 2, 2000 on the amendments to Article 44 of the Federal Law on the prosecutor's office of the Russian Federation and Article 3 of the Law on the income tax from natural persons inasmuch as it pertains to the exemption from the income tax collected from natural persons. The name of Appendix 18 is provided in the new wording.
The provisions of the Federal Law shall apply from the day of entry into force of the Federal Law No. 194-FZ of December 30, 2001 on the federal budget for the year 2002.
The Federal Law is entered into force from the day of its official publication. The text of the Federal Law is published in Rossiyskaya Gazeta on March 15, 2002, No. 46.

Federal Law No. 26-FZ of March 12, 2002 on the Amendments to the Federal Law on Public Associations

Upon expiry of the two years from the day of official publication of the Federal Law No. 95-FZ of July 11, 2001. i.e. from July 14, 2003, political public associations shall loose their "political" status will act as public associations in the meaning of the Federal Law on public associations. The names of public associations, except for political parties, may not contain the words "political, "party" and the words and word combinations derived from them.
On the other hand, creation of public associations of a political nature will become possible only in the form of political parties, with political parties not permitted to use personal names of citizens in their names.
The Federal Law is entered into force from the day of its official publication with exceptions. The text of the Federal Law is published in Rossiyskaya Gazeta on March 15, 2002, No. 46.

Decision of the Government of the Russian Federation No. 152 of March 13, 2002 on the Paying Out in 2002 to Individual Categories of Citizens of the Russian Federation of the Preliminary Compensation for the Deposits in the Savings Bank of the Russian Federation and Some Insurance Organizations

Preliminary compensation for the deposits in the amount of Rbl 1,000 shall be paid out to citizens born before 1940 inclusive, group I invalids, participants of the Great Patriotic War, group II invalids born before 1950 inclusive, parents, as well as trustees of invalid children and invalids from childhood and other.
Preliminary compensation shall apply to the deposits owned by the mentioned citizens and the tied deposits for children contributed in the divisions of the Savings Bank of the Russian Federation before June 20, 1991. The compensation shall also apply to insurance deposits of the mentioned citizens having concluded the personal insurance contracts before January 1, 1992 and persons insured under the tied deposits for children before January 1, 1992.
The amount of the compensation shall depend on the duration of the deposit or the time of discontinuation of the insurance contract and shall be determined using coefficients. The compensations shall be paid out in the divisions of the Savings Bank of the Russian Federation at the place of location of the deposits or state insurance organizations upon presentation of identification documents.

Federal Law No. 28-FZ of March 13, 2002 on the Amendments to the Federal Law on the Licensing of Individual Types of Activities

The list of the types of activities requiring the licensing now includes the activities of arbitration executives. The licensing of activities of arbitration executives shall be terminated from July 1, 2002.
The Federal Law is entered into force from the day of its official publication. The text of the Federal Law is published in Rossiyskaya Gazeta on March 16, 2002. No. 47.

Decision of the Government of the Russian Federation No. 155 of March 14, 2002 on the Amendments to the Decision of the Government of the Russian Federation No. 699 of October 1, 2001

Sets forth the particulars of restructuring of the debts in insurance contributions to the state social non-budgetary funds, accrued penalties and fines available with budget-supported organizations, as well as the state unitary enterprises forming part of the criminal execution system of the Ministry of Justice of the Russian Federation as of January 1, 2001.
For these organizations, tax bodies may fix the schedules envisaging the redemption of the debt in unequal portions, in particular, in 2002-2004, at least 10% of the amount of the debt in insurance contributions.

Order of the Ministry of Transport of the Russian Federation No. SF-13-r of February 19, 2002 on the Publication of the Acts of the Ministry of Transport of the Russian Federation Recognized As Not Requiring State Registration by the Ministry of Justice of the Russian Federation

Normative acts of the Ministry of Transport of the Russian Federation (singed by the Minister or the person acting as minister) recognized by the Ministry of Justice of the Russian Federation as not requiring state registration shall be published in the "Transport of Russia" newspaper.
Registered in the Ministry of Justice of the Russian Federation on March 14, 2002. Reg. No. 3290.

Order of the Ministry of Finance of the Russian Federation No. 5n of February 7, 2002 on the Time Limits for Submission of the Summary Quarterly and Annual Accounting Reports of Execution of the Incomes and Expenses Estimates of Institutions Financed from the Federal Budget According to the Budget List for the Year 2002

Endorses the time limits for submission of the summary quarterly and annual accounting reports of execution of the incomes and expenses estimates of institutions financed from the federal budget according to the budget list for the year 2002.
According to the statement of the Ministry of Justice of the Russian Federation No. 07/1781-YuD of February 22, 2002, the Order does not need state registration.

Letter of the Ministry of Finance of the Russian Federation No. 16-00-14/30 of February 4, 2002

When an organization adopts the accounting policy, the coveralls may be registered in the means in circulation on Account 10 "Materials" under certain conditions. In particular, when the assets are accepted for accounting purposes as fixed assets, the time limits for use should take into account the procedure of handing out (replacement) of the coveralls adopted in the organization. Besides, one should take into account the norm of Chapter 25 of the Tax Code of the Russian Federation on the inclusion in material expenses of the whole of the cost of the amortized property as soon as it is put into operation if the cost is up to ten thousand roubles (inclusive).

Treaty on the Termination of the Treaty on the Distribution of the Sphere of Reference and Authority between the Bodies of State Power of the Russian Federation and the Bodies of State Power of the Republic of Buryatia (Moscow, February 15, 2002)

From March 16, 2002, terminates the Treaty signed on August 29, 1995 in Moscow because of the fulfilment of its goal.
The text of the Treaty is published in Rossiyskaya Gazeta on March 16, 2002, No. 47.

Treaty on the Termination of the Treaty on the Distribution of the Sphere of Reference and Authority between the Bodies of State Power of the Russian Federation and the Bodies of State Power of the Kostroma Province (Moscow, February 19, 2002)

From March 16, 2002, terminates the Treaty signed on May 20, 1998 in Moscow because of the fulfilment of its goal.
The text of the Treaty is published in Rossiyskaya Gazeta on March 16, 2002. No. 47.

Treaty on the Termination of the Treaty on the Distribution of the Sphere of Reference and Authority between the Bodies of State Power of the Russian Federation and the Bodies of State Power of the Voronezh Province (Moscow, February 22, 2002)

From March 16, 2002, terminates the Treaty signed on May 20, 1998 in Moscow because of the fulfilment of its goal.
The text of the Treaty is published in Rossiyskaya Gazeta on March 16, 2002. No. 47.

Federal Law No. 30-FZ of March 14, 2002 on the Bodies of Judicial Community of the Russian Federation

The judicial community of the Russian Federation is formed by the judges of the federal courts of all types and levels, judges of the courts of the subjects of the Russian Federation comprising the judicial system of the Russian Federation. The highest body of the judicial community is the All-Russia Congress of Judges. Other bodies are conferences of the judges of the subjects of the Russian Federation, the Council of the Judges of the Russian Federation, councils of the judges of the subjects of the Russian Federation, general meetings of the judges of the courts, the Higher Qualification Board of the Judges of the Russian Federation and qualification boards of the judges of the subjects of the Russian Federation. The Federal Law regulates the procedure of election of the members of the judicial community, their authority, time of authority as well as the proceedings in the qualification boards of judges and other.
The earlier created qualification boards of the judges of the Supreme Court of the Russian Federation, subjects of the Russian Federation, military districts, groups of forces and fleets, Higher Arbitration Court of the Russian Federation and other arbitration courts, as well as examination commissions shall continue to execute their functions before the new qualification boards of judges and examination commissions are formed, however, not later than September 19, 2002.
The Federal Law is entered into force from the day of its official publication. The text of the Federal Law is published in Rossiyskaya Gazeta on March 19, 2002, No. 48.

Federal Law No. 29-FZ of March 14, 2002 on the Amendment to Article 37 of the Criminal Code of the Russian Federation

Provides the new wording for Article 27 "Necessary Defence" of the Criminal Code of the Russian Federation. It is not a crime to incur damage on the offending person in the state of necessary defence, i.e. when defending the personality and rights of the defending person or other persons, protected by law interests of the society or the state against publicly dangerous offence if this offence is associated with violence dangerous for the life of the defending or other person or with direct threat of use of such violence. Protection against offence not associated with such violence is legitimate if the limits of the necessary defence were not exceeded, i.e. wilful actions failing to correspond clearly to the nature and danger of the offence.
The Federal Law is entered into force from the day of its official publication. The text of the Federal Law is published in Rossiyskaya Gazeta on March 19, 2002, No. 48.

Order of the Ministry of Taxes and Revenues of Russia No. BG-3-05/49 of January 1, 2002 on the Endorsement of the Form of Advance Payments for the Uniform Social Tax and Procedure for Filling It Out

Endorses the form of advance payments for the uniform social tax for organizations, independent entrepreneurs and natural persons not being independent entrepreneurs effecting payments to natural persons and the procedure for filling it out.
Registered in the Ministry of Justice of the Russian Federation on March 14, 2002. Reg. No. 3288.

Letter of the Ministry of Finance of the Russian Federation No. 16-00-14/42 of February 8, 2002

Explains the issue of registration in accounting records of the results of reassessment of the objects of fixed assets as of the first of the reporting year. The given results are registered in accounting records in between the reports and are taken into account when forming the data as of the beginning of the reporting year. If the results of the reassessment are to be qualified as the financial result of activities of the organization, appropriate records are made in accounting documents in between the reports in correspondence with the account used to enter undistributed profit of the organization. The amount entered on the account for undistributed profit of the organization must be described in the accounting reports of the organization.

Treaty on the Termination of the Treaty on the Distribution of the Sphere of Reference and Authority between the Bodies of State Power of the Russian Federation and the Bodies of State Power of the Samara Province (Moscow, February 22, 2002)

Beginning with March 16, 2002, terminates the treaty signed on August 1, 1997 in Moscow because of the fulfilment of its goal.
The text of the Treaty is published in Rossiyskaya Gazeta on March 16, 2002, No. 47.

Treaty on the Termination of the Treaty on the Distribution of the Sphere of Reference and Authority between the Bodies of State Power of the Russian Federation and the Bodies of State Power of the Sakhalin Province (Moscow, March 4, 2002)

Beginning with March 16, 2002, terminates the treaty signed on May 29, 1996 in Moscow because of the fulfilment of its goal.
The text of the Treaty is published in Rossiyskaya Gazeta on March 16, 2002, No. 47.

Treaty on the Termination of the Treaty on the Distribution of the Sphere of Reference and Authority between the Bodies of State Power of the Russian Federation and the Bodies of State Power of the Ivanovo Province (Moscow, February 26, 2002)

Beginning with March 16, 2002, terminates the treaty signed on May 20, 1998 in Moscow because of the fulfilment of its goal.
The text of the Treaty is published in Rossiyskaya Gazeta on March 16, 2002, No. 47.

Decision of the Government of the Russian Federation No. 164 of March 18, 2002 on the Amendments to the Decision of the Government No. 939 of December 9, 2000

Beginning with April 1, 2002, the rate of export customs duty for raw oil and oil products from bituminous materials (code according to the Foreign Trade Commodity Nomenclature 2709 00) is increased to amount to USD 9.2 per 1,000 kg (earlier, USD 8 per 1,000 kg).

Decision of the Government of the Russian Federation No. 165 of March 18, 2002 on the Endorsement of the Interim Rules of Placing the Resources of Insurance Contributions to the Pension Fund of the Russian Federation Supporting the Accumulated Portion of the Labour Pension

Resources of insurance contributions may be invested in state securities with obligations in the currency of the Russian Federation or foreign currency. The decision on the volumes and structure of investments shall be taken by the Pension Fund upon coordination with the Ministry of Finance of the Russian Federation.
The rules shall be in effect before the entry into force of the federal law defining the procedure of investment of the resources to finance the accumulated portion of the labour pension, however, not more than for six months from the day of official publication of the Decision.

Decision of the Social Insurance Fund of the Russian Federation No. 12 of February 6, 2002 on the Endorsement of the Procedure of Confirmation of the Main Type of Activities of the Insurer in Obligatory Social Insurance against Industrial Accidents and Occupational Diseases, As Well As the Types of Activities of the Divisions of the Insurer Being Independent Classification Units

Sets forth the procedure of confirmation of the main type of activities of insurers, as well as their independent structural divisions for the purposes of determination of the class of occupational risk of the sector (subsector) of economy by the Social Insurance Fund of the Russian Federation.
Provides the forms of the documents to be submitted on the annual basis before April 1 to the executive body of the Fund to confirm the main type of activities. If the documents are not presented by the insurer in the indicated time period, the executive body of the fund shall qualify it as the sector (subsector) of economy with the highest class of occupational risk out of the types of activities carried out by it, and before April 15 informs the insurer of the amount of insurance tariff rate fixed from the beginning of the current year.
Registered in the Ministry of Justice of the Russian Federation on March 19, 2002. Reg. No. 3303.

Decision of the Government of the Russian Federation No. 168 of March 19, 2002 on the Improvement of the Activities in the Implementation of the Tied Federal Program "State Housing Certificates"

Endorses the rules of issue and redemption of the state housing certificates issued to citizens participating in the federal tied program "State Housing Certificates. The rules are obligatory for execution by the bodies of executive power of the Russian Federation and its subjects, bodies of local government, other bodies, organizations, as well as citizens having decided to take part in the program.
The certificate is a personal document certifying the right of the participant of the program to get the free subsidy at the expense of the federal budget to purchase the housing space. The amount of the subsidy does not change within the whole of the effective period of the certificate (9 months after issue).
The Decision also defines the terms of use of the certificates and the procedure of payment for the purchased housing space, specifies the mechanism of control over the distributions of the certificates and other.

Order of the Ministry of Taxes and Revenues of the Russian Federation No. BG-3-06/130 of March 13, 2002 on the Endorsement of the Form of the Summary Financial Report of a Political Party and the Procedure of Filling Out the Summary Financial Report of a Political Party

Endorses the form of the summary financial report of a political party of the received and spent resources for the reporting year to be submitted to the department of the Ministry of Taxes and Revenues of Russia for the city of Moscow on the annual basis, however, not later than March 20 of the year following the reported one.
Registered in the Ministry of Justice of the Russian Federation on March 19, 2002. Reg. No. 3304.

Letter of the Ministry of Taxes and Revenues of the Russian Federation No. BG-6-10/253 of March 5, 2002

In view of the growth of unidentified payments, provides recommendations on the rules of providing information in the fields "Payer", "Recipient" and the "Purpose of Payment" of the payment documents.
The heads of the tax bodies must control personally the teaching of the taxpayers to fill out correctly the payment orders to transfer the taxes and revenues to the budget system of the Russian Federation. The structural divisions of the inspections are ordered to arrange additional explanatory work and ensure that every taxpayer gets the refresher on the filling out of the payment documents and the filled specimens of the payment documents indicating the requisites of accounts to transfer the taxes (revenues) and the identification number of the tax body. Each refresher must have attached the table of correspondence of the INN-KPP-KBK-OKATO codes compiled individually for the given taxpayer according to the issued certificates and notifications of registration in the tax body.

Letter of the Ministry of Finance of the Russian Federation No. 04-02-06/2/3 of January 15, 2002 on the Quotas of Advertising Expenses

Expenses for promotion measures in mass media and telecommunication channels, for outdoor advertising including the making of the boards, for participation in exhibitions, fairs, for the decoration of shop windows and other are accepted for deduction when determining the taxable base without restriction in the presence of the documents confirming the expenses. Expenses of the taxpayer for the purchase (making) of awards handed in to the winners of contests in large-scale advertising campaigns, as well as for other types of advertising within the tax (reporting) period are accepted for taxation purposes in the amount not greater than 1% of the receipts defined according to Article 249 of the Tax Code of the Russian Federation.

Treaty on the Termination of the Treaty on the Distribution of the Sphere of Reference and Authority between the Bodies of State Power of the Russian Federation and the Bodies of State Power of the Rostov Province (Moscow, March 15, 2002)

Beginning with March 21, 2002, terminates the treaty signed on June 11, 1996 in Rostov-on-Don because of the fulfilment of its goals.
The text of the Treaty is published in Rossiyskaya Gazeta on March 21, 2002, No. 50.

Decision of the Government of the Russian Federation No. 171 of March 20, 2002 on the Amendment to the Regulation on the Procedure of Collection of the Registration Fee for Mass Media Registration

The procedure of use of resources obtained from the payment of the registration fee transferred to the personal accounts for registration of operations with resources obtained from entrepreneurial and other profitable activities opened in the territorial bodies of the Federal Treasury shall be defined by the Ministry of the Press of the Russian Federation upon coordination with the Ministry of Finance of the Russian Federation.

Order of the Ministry of Taxes and Revenues of the Russian Federation No. BG-3-23/13 of January 15, 2002 on the Endorsement of the Forms of Applications of a Foreign Organization to Return the Amounts of Taxes Collected from a Source in the Russian Federation

To implement the provisions of Chapter 25 "Profit Tax from Organizations" of the Tax Code of the Russian Federation, endorses the forms of applications of a foreign organization to return the amounts of taxes collected from dividends and interest, as well as from incomes from other sources in the Russian Federation.
Registered in the Ministry of Justice of the Russian Federation on March 5, 2002. Reg. No. 3281.

Letter of the Ministry of Taxes and Revenues of the Russian Federation No. ShS-6-14/252 of March 5, 2002

Explains the issues pertaining to the information on taxpayer debts being qualified as a tax secret. The tax secret includes any information on the taxpayer obtained by the tax body except for the information on the violation of the legislation on taxes and responsibility for these violations.
In the absence of the signs of a tax violation specified in Article 106 of the Tax Code of the Russian Federation, the failure to observe the duty to pay the tax within specified time limits is a violation of the procedure of payment of the tax specified in the legislation on taxes, and information on the mentioned violation may not be qualified as a tax secret.

Decision of the Government of the Russian Federation No. 174 of March 21, 2002 on the Licensing of Activities in the Sphere of Designing and Construction

Endorses the Regulation on the licensing of activities in designing, engineering surveys and construction of buildings and structures of level I and II of responsibility according to the state standard.
Lists the types of activities included in the notions of "designing", "construction" and "engineering surveys" of the mentioned buildings and structures.
The licensing is vested in the State Construction Committee of the Russian Federation. The licenses are issued for 5 years or less is the application states so. The earlier issued licenses shall remain in effect for these types of activities until expiry.

Decision of the Government of the Russian Federation No. 173 of March 21, 2002 on the Amendment to the Decision of the Council of Ministers - the Government of the Russian Federation No. 1141 of November 4, 1993

Sets forth that the citizens leaving the regions of the Far North and similar localities shall get the cost of the housing they leave owned by them as property. The payment is made by the organization getting the housing as property.
Earlier, such citizens got monetary compensation for the housing they left proceeding from the amount of Rbl 1,000 for each year they worked in the regions of the Far North and similar localities.

Federal Law No. 31-FZ of March 21, 2002 on the Bringing of the Legislative Acts in Compliance with the Federal Law on the State Registration of Legal Entities

Pursuant to the entering into force from July 1, 2002 of the Federal Law No. 129-FZ of August 8, 2001 on the state registration of legal entities, changes all existing system of registration of the mentioned organizations. The normative acts specifying the particulars of state registration of individual types of legal entities are being brought in compliance with the mentioned Law.
Invalidates the Law on the enterprises and entrepreneurial activities. Amends the Laws on the trade and industry chambers in the Russian Federation, on the Central Bank of the Russian Federation (Bank of Russia), on the banks and banking activities, on public associations, on the state duties, on trade unions, their rights and guarantees of activities and other.
Also changes the Civil Code of the Russian Federation. The new provision is the one stating that the legal entity is considered to be created from the day of entering the appropriate record into the Uniform State Register of Legal Entities. Earlier, the legal entity was considered to be created from the day of its state registration. The state registration is arranged at the place of location of its permanently acting executive body, and in case of absence of it - other body or person empowered to act on behalf of the legal entity without proxy.
The Federal Law is entered into force from July 1, 2002. The text of the Federal Law is published in Rossiyskaya Gazeta on March 26, 2002, No. 53.

Decision of the Government of the Russian Federation No. 179 of March 23, 2002 on the Abrogation of and Amendments to Some of the Acts of the Government of the Russian Federation

Abandons the Decisions of the Government of the Russian Federation No. 1002 of August 13, 1997 on the additional measures to ensure full transfer of customs payments to the federal budget and No. 1463 of December 31, 1999 on the amendments to the Decision of the Government of the Russian Federation No. 966 of August 27, 1999 from the date of their issue.
Earlier, the Decision of the Supreme Court of the Russian Federation No. GKPI 2000-1395 of January 23, 2001 has recognized the mentioned Decisions as invalid and not producing any legal consequences.

Regulation on the Procedure of Allocation of the Financial Resources of the Federal Fund of Obligatory Medical Insurance to Equalize the Financial Terms of Activities of the Territorial Funds of Obligatory Medical Insurance (Endorsed by the Federal Fund of Obligatory Medical Insurance on February 4, 2002, No. 2/04)

The equalization of the financial terms of activities of the territorial funds shall be arranged by providing subventions from the budget of the Fund on the free and unrecoverable basis for the tied expenses to finance the territorial programs of obligatory medical insurance. The subventions shall be allocated by the Fund on the basis of the request of the territorial fund. The request shall be subject to consideration only after submission of the report of the territorial fund on the tied nature of use of the resources of the previous subvention.
Registered in the Ministry of Justice of the Russian Federation on March 19, 2002. Reg. No. 3307.

Order of the Ministry of Taxes and Revenues of the Russian Federation and the Ministry of Finance of the Russian Federation No. BG-3-29/86/10n of February 20, 2002 on the Endorsement of the Procedure of Coordination by the Ministry of Taxes and Revenues of the Russian Federation with the Ministry of Finance of the Russian Federation of the Decision on the Acknowledgement as Desperate for Collection and Writing Off of Arrears and Debts in Penalties for the Federal Taxes and Revenues

The decision on the acknowledgement as desperate for collection and writing off of the arrears and debt in penalties for the federal taxes and revenues of a legal entity or natural person in the amount of Rbl 20 million and more shall be taken by the Ministry of Taxes and Revenues of the Russian Federation and shall be subject to coordination with the Ministry of Finance of the Russian Federation. The Order endorses the form of the decision and the procedure of exchange of documentation between the mentioned bodies.
The Order also specifies that the Ministry of Taxes and Revenues of the Russian Federation shall keep records of the adopted decisions and shall send to the Ministry of Finance on a quarterly basis the summary register of information on the writing off of desperate for collection arrears and debts in penalties for the federal taxes and revenues.
Registered in the Ministry of Justice of the Russian Federation on March 21, 2002. Reg. No. 3317.

Order of the Ministry of Internal Affairs of the Russian Federation No. 148 of February 21, 2002 on the Amendments to the Instruction Endorsed by the Order of the Ministry of Internal Affairs of the Russian Federation No. 782 of July 20, 2000

The amendments are introduced in the Instruction on the procedure of organization of work to accept qualification examinations and issue driver's licenses in the divisions of the State Traffic Inspection of the Ministry of Internal Affairs of the Russian Federation. The most significant changes pertain to the procedure of replacement of the foreign driver's license whose owner moves for permanent living to the Russian Federation. The Order also sets forth the new procedure of issue and replacement of the driver's licenses to persons staying temporarily on the territory of the Russian Federation.
The examinations are arranged in the presence of the passport, as well as identification document, military card or foreign passport.
When being admitted to the examination, it is permitted to present a medical certificate issued by a medical institution other than the one in the list of the medical institutions located on the territory covered by the inspection. In this case, a request is sent to this medical institution or appropriate division of the state inspection to confirm the issue of the given certificate.
Registered in the Ministry of Justice of the Russian Federation on March 21, 2002. Reg. No. 3314.

Decision of the Federal Commission for Securities Market No. 3/ps of February 14, 2002 on the Amendments to the Regulation on the Internal Control of a Professional Participant of the Securities Market Endorsed by the Decision of the Federal Commission for Securities Market No. 16 of July 19, 2001 on the Endorsement of the Regulation on the Internal Control of a Professional Participant of the Securities Market

Specifies that internal control to prevent legalization (laundering) of incomes obtained in a criminal way is a part of the system of internal control of a professional participant of the securities market. In this view, professional participants engaged in operations with monetary resources and other property must work out the system of countermeasures against legalization (laundering) of incomes obtained in a criminal way, as well assign special officials responsible for the work of this system.
Registered in the Ministry of Justice of the Russian Federation on March 20, 2002. Reg. No. 3311.

Order of the Ministry of Public Health of the Russian Federation No. 80 of March 15, 2002 on the Endorsement of the Industry-Sector Standard "The Rules of Wholesale Trade for Medicines. Main Provisions"

Beginning with September 1, 2002, introduces the rules of wholesale trade for medicines that are obligatory for all organizations regardless of the organizational and legal form and form of ownership engaged in wholesale trade of medicines. Sets forth uniform requirements to the rooms and equipment for wholesale trade, to the procedure of accepting to the warehouse and dispensing from it of medicines, their storage and quality ensuring.
The rules do not apply to activities in distribution of specimens for advertising purposes, to activities pertaining to the circulation of blood and its components used in blood transfusion, as well as to activities pertaining to the selling of raw materials of animal origin and unpacked medicinal vegetable raw materials intended of further industrial processing.
Registered in the Ministry of Justice of the Russian Federation on March 19, 2002. Reg. No. 3302.

Treaty on the Termination of the Treaty on the Distribution of the Sphere of Reference and Authority between the Bodies of State Power of the Russian Federation and the Bodies of State Power of the Vologda Province (Moscow, March 15, 2002)

Beginning with March 23, 2002, terminates the Treaty signed on July 4, 1997 in Moscow because of the fulfilment of its goals.
The text of the Treaty is published in Rossiyskaya Gazeta on March 23, 2002, No. 52.

Treaty on the Termination of the Treaty on the Distribution of the Sphere of Reference and Authority between the Bodies of State Power of the Russian Federation and the Bodies of State Power of the Altay Territory (Moscow, March 15, 2002)

Beginning with March 23, 2002, terminates the Treaty signed on November 29, 1996 in the cities of Moscow and Barnaul because of the fulfilment of its goals.
The text of the Treaty is published in Rossiyskaya Gazeta on March 23, 2002, No. 52.

Treaty on the Termination of the Treaty on the Distribution of the Sphere of Reference and Authority between the Bodies of State Power of the Russian Federation and the Bodies of State Power of the Yaroslavl Province (Moscow, March 15, 2002)

Beginning with March 23, 2002 terminates the Treaty signed on October 30, 1997 in Moscow because of the fulfilment of its goals.
The text of the Treaty is published in Rossiyskaya Gazeta on March 23, 2002, No. 52.

Decision of the Federal Commission for Securities Market No. 2/ps of February 7, 2002 on the Time Limits for Drawing Up and Submission of the Quarterly Report of the Issuer of Emission Securities

Extends the time limit for submission of the reports of the issuer of emission securities to 45 days instead of 30 as specified in Item 5 of the Regulation on the quarterly report of the issuer of emission securities endorsed by the Decision of the Federal Commission for Securities Market No. 31 of August 11, 1998. The given measure is adopted because the earlier fixed time limit coincided with the time limit of submission of the quarterly accounting reports, which made it difficult to observe the fixed requirements by the issuers.
Registered in the Ministry of Justice of the Russian Federation on March 21, 2002. Reg. No. 3324.

Decision of the Federal Commission for Securities Market No. 1-ps of January 4, 2002 on the Endorsement of the Regulation on the Requirements to the Organizers of Trade at Securities Market

Sets forth obligatory requirements to legal entities engaged in activities at securities market on the basis of a license of the stock exchange or a license of a professional participant of securities market for activities in the organization of trade at securities market.
The Decision is entered into force from April 1, 2002 with exceptions.
Registered in the Ministry of Justice of the Russian Federation on March 21, 2002. Reg. No. 3319.

Direction of the Central Bank of Russia No. 1128-U of March 20, 2002 on the Amendments to the Instruction of the Bank of Russia No. 1 of October 1, 1997 on the Procedure of Regulation of Activities of Banks

The amendments are introduced pursuant to the entering into force from April 1, 2002 of the Direction of the Bank of Russia No. 1054-U of November 20, 2001 on the amendments to the rules of accounting work in credit organizations located on the territory of the Russian Federation No. 61 of July 18, 1997.
The Direction must be published in the Herald of the Bank of Russia and is entered into force from April 1, 2002. The text of the Direction is published in the Herald of the Bank of Russia on March 26, 2002, No. 15.

Direction of the Central Bank of Russia No. 1127-U of March 20, 2002 on the Amendments to the Regulation of the Bank of Russia No. 159-P of November 26, 2001 on the Method of Calculation of Own Resources (Capital) of Credit Organizations

The amendments are introduced pursuant to the entering into force from April 1, 2002 of the Direction of the Bank of Russia No. 1054-U of November 20, 2001 on the amendments to the rules of accounting work in credit organizations located on the territory of the Russian Federation No. 61 of July 18, 1997.
The Direction must be published in the Herald of the Bank of Russia and is entered into force from April 1, 2002. The text of the Direction is published in the Herald of the Bank of Russia on March 26, 2002. No. 15.

Order of the Ministry of Finance of the Russian Federation No. 18n of March 14, 2002 on the Amendments to the Directions on the Procedure of Application of the Budget Classification of the Russian Federation Endorsed by the Order of the Ministry of Finance of the Russian Federation No. 38N of May 25, 1999.

Classification of incomes of the budgets of the Russian Federation is extended to include the new Subarticle 1010205 "Income Tax from Natural Persons Engaged in Entrepreneurial Activities without the Forming of the Legal Entity". The Order omits Subarticles 1010511 "Debts, Fines, Penalties in the Uniform Social Tax (Contribution) as of January 1, 2002 Earlier Transferred to the Budget of the Pension Fund of the Russian Federation" and 1400504 "Tax for the Maintenance of the Housing Fund and Objects of the Social and Cultural Sphere".

Letter of the Ministry of Taxes and Revenues of the Russian Federation No. SA-6-04/341 of March 22, 2002 on the Granting of the Property Tax Exemption

Explains the procedure of use of the property tax exemption granted for the income tax from natural persons to construction organizations or buyers of houses or flats. It is established, in particular, that the taxpayers who used the tax exemption in full amount on the basis of the Law of the Russian Federation No. 1998-I of December 7, 1991 on the income tax from natural persons before January 1, 2001 may get the property tax exemption for the house or flat purchased or built after January 1, 2001. Also explains the rights of the taxpayers who did not use the exemption of the Law on the income tax from natural persons in full amount before January 1, 2001.

Letter of the Ministry of Taxes and Revenues of the Russian Federation and the Ministry of Finance of the Russian Federation Nos. VG-6-02/263, 04-02-04/32 of March 6, 2002 on the Rates for the Profit Tax

Legislative (representative) bodies of the subjects of the Russian Federation may reduce the rate of the profit tax of organizations for the amounts transferred to the budgets of the subjects of the Russian Federation.
Redistribution of the amounts of taxes transferred to the budgets of the subjects of the Russian Federation may be carried out on the basis of Article 58 of the Budget Code of the Russian Federation. According to this Article of the Code, own incomes of the budgets of the subjects of the Russian Federation from regional taxes, as well as from the federal taxes allocated to the subjects of the Russian Federation, may be transferred to the local budgets on a permanent basis completely or partly in percent portion endorsed by the legislative (representative) bodies of the subjects of the Russian Federation.

Order of the Ministry of Taxes and Revenues of the Russian Federation No. BG-3-21/71 of February 15, 2002 on the Amendments to the Instruction of the State Tax Service of Russia No. 46 of August 12, 1998 on the Procedure of Calculation and Transfer to the Budget of the Payment for the Use of Water Objects

Amendments No. 2 bring Instruction No. 46 in compliance with Federal Law No. 111-FZ of August 7, 2001 on the amendments to the Federal Law on the payment for the use of water objects. Endorses the new form of the tax declaration for the payment for the use of water objects.
Registered in the Ministry of Justice of the Russian Federation on March 21, 2002. Reg. No. 3322.

Regulation of the Central Bank of Russia No. 184-P of March 19, 2002 on the Procedure of Keeping Records and Submission of Information on Affiliated Persons of Credit Organizations

Sets forth the new procedure of registration and submission of information on affiliated persons of credit organizations. According to the new procedure, the lists of affiliated persons as of July 1, 2002 in the current year shall be submitted by credit organizations before July 10, 2002. Afterwards, the list of affiliated persons shall be submitted to the territorial institution of the Central Bank of Russia on the annual basis no later than within 30 days after the end of the reported year. Credit organizations must start registration of their affiliated persons according to the new requirements before April 26, 2002.
The Regulation is entered into force from the day of its publication in the Herald of the Bank of Russia. The text of the Regulation is published in the Herald of the Bank of Russia on March 26, 2002, No. 15.

Direction of the Central Bank of Russia No. 1126-U of March 20, 2002 on the Amendments to the Regulation of the Bank of Russia No. 67-P of January 13, 1999 on the Procedure of Carrying Out by the Central Bank of the Russian Federation of the Deposit Operations with the Resident Banks in the Currency of the Russian Federation

The Regulation of the Bank of Russia No. 67-P is provided in the new wording taking into account the earlier introduced amendments. The Regulation defines the procedure of accounting work for deposit operations in the banks and the Central Bank using the "cash" method and the method of "accrued payments".

Direction of the Central Bank of Russia No. 1124-U of March 19, 2002 on the Procedure of Work with the Documents Used by Credit Organizations before the Replacement of the Licenses for Banking Operations

Sets forth the procedure of coordination with the Department of the Licensing of Activities and Financial Rehabilitation of Credit Organizations of the Bank of Russia of the amendments to the documents of a credit organization that were used by these organizations before the replacement of the licenses for banking operations.
The specified procedure shall apply to the documents of credit organizations that were received for consideration in the territorial institutions of the Bank of Russia after it was entered into force.
The Direction is entered into force from the moment of its publication in the Herald of the Bank of Russia. The text of the Direction is published in the Herald of the Bank of Russia on March 26, 2002, No. 15.

Letter of the Central Bank of Russia and the Ministry of Finance of the Russian Federation Nos. 1121-U, 03-07-08/1 of March 16, 25, 2002 on the Non-Application of the Telegram of the Bank of Russia and the Ministry of Finance of Russia Nos. 385 and 3-A1-136 of December 25, 1996 and December 24, 1996 Respectively

Since the uniform social tax was introduced from January 1, 2001 to replace the insurance contributions to the state social non-budgetary funds, abandons the telegram stating that the writing off on an undisputable basis of insurance contributions to the Pension Fund from the budget accounts was effected from the amounts due for payment proceeding from the resources allocated for the payment of the earnings.

Letter of the State Customs Committee of the Russian Federation and the Ministry of Taxes and Revenues of the Russian Federation No. 01-06/8937/VG-6-06/254 of March 5, 2002 on the Application of the Order of the State Customs Committee of Russia and the Ministry of Taxes and Revenues of Russia No. 830/BG-3-06/299 of August 21, 2001 on the Printed Periodicals

Specifies that the customs registration of the printed periodicals exported from the customs territory of the Russian Federation under the export customs regime shall be carried out without submission of the copies of invoices, forms received by the organization owning the exported commodities from the seller with the stamp of registration of the given copies in the tax bodies.

Contact Us

Leave us a message