Monitoring of the Federal Legislation dated 17.09.2003

Decision of the Government of the Russian Federation No. 570 of September 15, 2003 On the Procedure For Inclusion In the Work Record of Civil Service, To Grant the Long Service Pension to Federal Civil Servants, of Periods of Service (Work) in Public Offices in the Federal Civil Service, Public Offices of Federal Civil Servants and Other Offices Designated by the President of the Russian Federation

The inclusion in the work record of civil service of the captioned periods to grant the long service pension shall be made at the request of federal civil servant upon his application for pension to be granted by the federal state body in which the servant held a public office of the federal civil service directly prior to resignation.
The Ministry of Labor of the Russian Federation shall be required, jointly with the Ministry of Finance of the Russian Federation and by agreement with the Pension Fund of Russia, provide explanations on application of the decision.

Order of the Ministry of Communications of the Russian Federation No. 112 of September 8, 2003 On the Endorsement of Regulations on the Specificity of Working and Off Hours of the Communications Workers With a Specific Character of Work

It defines the specificity of working and off hours of communications workers with a specific character of work.
The workers who are directly engaged in servicing the population and also in the work whose intensity is not the same during working hours (shift) may be entitled to a working day split into parts. It lists professions and positions of communications workers whom the employer may offer a split working day.
In organizations, individual production facilities, workshops, sections, divisions and at certain types of work where, the conditions of production (work) do not make it possible to observe the pre-set daily or weekly length of working hours, it is allowed to summarize working hours over periods from one to three months so that the length of working hours over the accounting period does not exceed a regular number of working hours. It also lists the categories of communications workers who may be offered flexible working hours.
Registered with the Ministry of Justice of the Russian Federation in September 11, 2003. Registration No. 5068.

Letter of the Ministry of Finance of the Russian Federation No. 04-02-05/3/65 of August 4, 2003 On Accounting the Reconstruction of the Capital Assets Whose Residual Value Is Equal to Zero

It clarifies that depreciation shall be charged also when the reconstruction is carried out at a project with the expired useful life. The Rules of accounting stipulate that organization may prolong the period of useful life of a project and charge depreciation thereupon, proceeding from a fresh period of useful life with due regard for such prolongation.
For purposes of taxation, it is possible to use two ways to calculate depreciation on the capital asset after completion of reconstruction when its residual value was equal to zero. If the maximum period of earlier set useful life has not expired, the initial value of the capital asset shall increase by the amount of expenses of reconstruction. Consequently, the tax payer shall take account of the capital asset at its changed cost by using the remaining period of useful life.
When, however, the maximum period of earlier set useful life has expired, then, in actual reality, it is the creation of a new capital asset with the changed characteristics that provide for the setting of a fresh period of useful life.