Monitoring of the Federal Legislation dated 29.03.2002

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.