Monitoring of the Federal Legislation dated 11.11.2004

Protocol on the Amendments to the Agreement between the Government of the Russian Federation and the Government of Ukraine of January 16, 1997 on the Visa-Free Trips of Citizens of the Russian Federation and the Ukraine

The citizens of each of the states are exempted from the registration in the authorised bodies at the place of their stay on the territory of the other state if the period of such stay is not greater than 90 days from the moment of entry in the presence with them of the migration card with the note of the border control bodies posted at the entry to the territory of the state of stay.

The Protocol is applies on the temporary basis from November 1, 2004 and is entered into force from the date of the most recent written notification of the execution by the parties of the internal state procedures necessary for its entry into force.

The Protocol is invalidated simultaneously with the Agreement.

Decision of the Government of the Russian Federation No. 605 of November 6, 2004 on the Amendments to the Decision of the Government of the Russian Federation No. 487 of June 27, 2001

Amends the Typical Regulation on the stipends and other forms of material support for the students of the federal state institutions of higher and secondary professional education, post-graduate and doctorate students. Additional resources in the amount of 25% of the Stipends Fund envisaged in the federal budget are allocated to render aid to the students in need undergoing intra-mural studies in the federal state institutions of secondary and higher professional education.

The amendments are entered into force from January 1, 2005 except for those pertaining to the allocation of the additional resources for the aid to the students in need in the amount of 25% of the Stipends Fund to be entered into force from September 1, 2004.

Letter of the Ministry of Taxation of the Russian Federation No. 22-1-14/1184@ of July 9, 2004 on the Simplified System of Taxation

When the object of taxation is incomes reduced by the amount of expenses, the payers using the simplified system of taxation may not reduce the incomes from the sale of purchased commodities by the amount of storage and transportation expenses for the sold commodities (if they are not included in the commodity price). In the calculation of the taxable base for the uniform tax, expenses for the thermal and electric power and water supplies may be taken into account by the trade organisations. The principals applying the simplified system of taxation may reduce obtained incomes by the amount of the agency reward in the determination of the object of taxation.