Monitoring of the Federal Legislation dated 11.08.2004

Order of the Administration of the President of the Russian Federation and the Office of the Government of the Russian Federation No. 1363/1001 of August 6, 2004

Endorses the new list of the full and abbreviated names of the federal bodies of executive power. Lists the federal ministries, services and agencies forming the structure of the federal bodies of executive power endorsed by the Decree of the President of the Russian Federation No. 649 of May 20, 2004. Some of the bodies of executive power preserve their earlier assigned abbreviated names, the reorganised ones get new ones.

Decision of the Government of the Russian Federation No. 404 of August 7, 2004 on the Distribution of the Subsidies to the Budgets of the Subjects of the Russian Federation to Provide for the Equalisation of the Budgets of the Subjects of the Russian Federation.

Selection of the subjects of the Russian Federation to get the subsidies is arranged on the basis of the figures characterising the balance of the summary budgets of the subjects of the Russian Federation.

The right for the subsidy is granted to the subject of the Russian Federation where the ratio of the estimated expenses of its summary budget to a number of payments of social nature for 5 months of 2004 less transferred resources makes at least 60%. The amount of subsidies for other subjects of the Russian Federation in view of the available disbalance of their summary budgets is determined by the Government of the Russian Federation.

Decision of the Government of the Russian Federation No. 402 of August 7, 2004 on the Amendment to the Decision of the Government of the Russian Federation No. 931 of December 29, 2001

Amends the Decision of the Government of the Russian Federation pertaining to the regulation of the commercial debt of the former USSR to foreign commercial creditors. According to the amendment, the Ministry of Finance of Russia, in order to exchange the verified debt, is ordered to issue the bonds of the foreign loans of the Russian Federation in the total volume of not more than USD 2.5 billion.

Order of the Ministry of Taxation of the Russian Federation No. SAE-3-25/444@ of July 27, 2004 on the Pilot Project of Expansion of Information Services over Communication Channels and Internet for the Taxpayers Submitting Tax Declarations, Accounting Reports and Other Documents for Calculation and Payment of Taxes and Fees in the Electronic Form over Telecommunication Channels

The pilot project shall be implemented until October 11, 2004 in the tax bodies of Moscow using Tax 2 Moscow software. The project envisages an automatic presentation to the taxpayer request of the current information on the condition of his payments to the budgets (current accruals and received debts in taxes and fees, granted respites and extension schedules, offsettings and returns, accrued and paid out tax sanctions and penalties).

Letter of the Ministry of Taxation of the Russian Federation No. 33-0-11/492@ of August 2, 2004 on the Registration of Cash Registers

Permits to register some models of cash registers with cryptographical protection of fiscal data until January 1, 2008.