Monitoring of the Federal Legislation dated 17.07.2006

Decision of the Government of the Russian Federation No. 421 of July 8, 2006 on the Amendments to Some of the Decisions of the Government of the Russian Federation on Circulation of Narcotic Drugs and Psychotropic Substances

The list of narcotic drugs and psychotropic substances prohibited from circulation in the Russian Federation (List I) is extended to include the following narcotic drugs: hydroxypethidine, 2,5-dimethoxy-4-N-propylthiophenethylamine, home-made preparations of phenylpropanolamine or of preparations containing phenylpropanolamine, fenfluramine, 1-(3-trifluoromethylphenyl) piperazine, pethidine, (intermediate product B, C), stereo isomers of narcotic drugs and psychotropic substnces provided in the list.

The list of narcotic drugs and psychotropic substances with restricted and controlled circulation in the Russian Federation (List II) shall include in addition N-benzilpiperazine, dihydroetorphine, capsules of 30 mg of codein and 10 mg of phenyltoloxamine, alfa-methyl-4-methylthiophenetylamine, remiphentanyl, phenetylline, isomers and stereo isomers of narcotic drugs and psychotropic substances provided in the list.

Pursuant to the inclusion of the above narcotic drugs and psychotropic substances in the lists of prohibited and restricted for circulation, the Decision defines the large and specially large amounts used to qualify the crimes pertaining to illegal circulation of the mentioned narcotic drugs and psychotropic substances.

Narcotic drug oxycodone (tecodine) is transferred from List I to List II.

Meanwhile, the mentioned lists do not include now properidine, propiram, levamphetamine, estocine, estocine hydrochloride. Since restrictions are lifted for circulation of the given substances, the list of large and specially large amounts of narcotic drugs and psychotropic substances now does not include appropriate items.

Letter of the Department of the Tax and Customs Tariff Policy of the Ministry of Finance of the Russian Federation No. 03-11-04/3/335 of July 4, 2006

If the shop room was rearranged to reduce the sales area, with the tax inspection being notified by sending an application for the change of the sales area (with attached copy of the auxiliary form to the technical certificate for the object of trade), the actions of the tax inspection to increase the uniform imputed income tax are considered to be legal for only the period of time when the organisation has not yet submitted the application for the change of the sales area.

Letter of the Federal Tax Service No. GV-6-02/664@ of June 30, 2006 on the Submission of the Correcting (Adjusted) Tax Declarations for the Profit Tax from Organisations

Explains the procedure of submission and filling out of the correcting (adjusted) tax declarations for the profit tax from organisations by taxpayers possessing separate divisions.

The correcting tax declarations for the given tax for the past reporting (tax) periods before January 1, 2006 shall be submitted by organisations having switched over from January 1, 2006 to the payment of the profit tax from organisations to the budgets of the subjects of the Russian Federation through their responsible separate divisions to the tax body at the place of location of the mentioned separate divisions.

In case of the taxpayer decision to pay on his own the profit tax for all of its separate divisions located in the same subject of the Russian Federation as the parent organisation, the adjusted declarations for the separate divisions shall be submitted to the tax body at the place of registration of the taxpayer (parent organisation).

The adjusted tax declarations shall be submitted on the specified blank form available in the reporting (tax) period where the recalculation of the tax obligations pertain.

In this case, Section I of the adjusted tax declarations show the same OKATO codes that were used in the initial tax declarations submitted at the place of location of the separate divisions.

Information of the adjusted tax declarations on the amounts of tax in addition (reduction) to the budget of the subject of the Russian Federation is recorded in the RSB card with the OKATO code of the place of location of the responsible separate division (parent organisation). The same OKATO code is shown in the payment document to transfer the tax to the budget of the subject of the Russian Federation.

The Letter also explains the procedure of recalculation of appropriate obligations to the local budgets and the procedure of recording of the given recalculation in the adjusted declarations.