Monitoring of the Federal Legislation dated 25.08.2005

Decision of the Government of the Russian Federation No. 533 of August 22, 2005 on the Endorsement of the Regulation on the Interaction of the Bodies of State Power of the Subjects of the Russian Federation in Charge of Regulation of Tariff Rates for Commodities and Services of Organisations of the Communal Complex with the Bodies of Local Government in Charge of Regulation of Tariff Rates and Mark-ups of Organisations of the Communal Complex <br>

The mentioned bodies must maintain interaction when introducing (changing) tariff rates and mark-ups, except for the cases when regulation of tariff rates and mark-ups applies to the organisation where all tariff rates and mark-ups are specified by the bodies of local government. When deciding to change available tariff rates and mark-ups or amend the production and/or investment program of the organisation, the bodies in charge of regulation must send such information to the other body in charge of regulation within 5 working days from the date of adoption of such decision.

The Decision is entered into force from the date of entry into force of the Federal Law No. 210-FZ of December 30, 2004 on the fundamentals of regulation of tariff rates of organisations of the communal complex.

Order of the Judicial Department of the Supreme Court of the Russian Federation No. 85 of August 1, 2005 on the Amendments to the Instruction on the Judicial Proceedings in the Regional Court <br>

When submitting a cassation appeal or representation through the regional court, submission of copies of these documents, as well as attached written evidence, according to the number of persons participating in the case (number of persons whose interests are involved) is necessary only in the cases envisaged in the law. The Order excludes the provision stating that representation of the prosecutor or the victim appeal in a criminal case must have attached appropriate number of their copies to hand in to each convict or acquitted whose interests are involved in such representation or appeal.

Letter of the Ministry of Finance of the Russian Federation No. 03-05-01-03/63 of July 11, 2005 on the Taxation Procedure for the Incomes of Natural Persons from Operations of Purchase and Sale of Securities <br>

In the presence of the documents confirming the expenses of purchase, sale and storage of securities, the exemption is granted in the amount of actually suffered expenses. In the absence of such documents, the taxpayer is entitled for the property exemption, however, he must confirm the onerous nature of the purchase of securities, for example with a contract.

In the absence of documents confirming the onerous nature of purchase of securities, taxpayer incomes from the sale of securities may be reduced by the amounts of actually confirmed expenses in the form of commission and exchange fee. The property tax exemption in this case does not apply.