Monitoring of the Federal Legislation dated 14.12.2006

Order of the Federal Service for Tariff Rates No. 318-e/15 of November 28, 2006 on the Amendments to the Methodology Directions for the Calculation of the Regulated Tariff Rates and Prices for Electric (Thermal) Power at the Retail Trade (Consumer) Market Endorsed by the Order of the Federal Service for Tariff Rates No. 20-e/2 of August 6, 2004

Extends and makes more detailed the list consumers where tariff rates are calculated according to the procedure similar to the one specified for the tariff group of "population".

Apart from the earlier envisaged ones, the given category of consumers shall include: lessors (or their authorised persons) providing dwelling space to citizens: of specialised, resettlement dwelling fund, in the homes of the system of social servicing of population, the fund of temporary settlement of enforced migrants, for temporary settlement of persons recognised to be refugees, for the social protection of individual categories of citizens in the volumes of actual consumption of consumer citizens and the volumes of consumption in the places of common use.

Besides, the given category of consumers include guaranteed suppliers, power sale, power supply organisations buying electric power for further sale to consumer citizens and/or providers of communal power supply services, lessors (or their authorised persons) in the volumes of actual consumption of consumer citizens and the volumes of consumption at the places of common use. The given tariff group includes all gardening non-commercial associations of citizens.

The Order provides formulae for the calculation of tariff rates for the cases of sale of electric power from one guaranteed supplier to another guaranteed supplier, as well as from one guaranteed supplier to power sale and power supply organisations combining the types of activities of purchase and sale of electric power and of transfer of electric power.

Registered in the Ministry of Justice of the Russian Federation on December 8, 2006, Reg. No. 8574.

Letter of the Department of the Tax and Customs Tariff Policy of the Ministry of Finance of the Russian Federation No. 03-03-04/1/755 of November 13, 2006

In the determination of the taxable base for the profit tax, the taxpayer labour remuneration expenses do not include trip and training expenses of the chairman of the board of directors of the economic company, since the taxable base does not include expenses for any types of rewards granted to the management or employees beside the rewards paid out on the basis of labour contracts.

Letter of the Department of the Tax and Customs Tariff Policy of the Ministry of Finance of the Russian Federation No. 03-06-02-04/152 of November 2, 2006

The payers of the land tax are recognised to be organisations and natural persons possessing land plots on the proprietary basis, enjoying the right of permanent (unlimited) use or the right of life-time inherited possession. The grounds for the payment of the land tax is the document of title for the land plot.

The duty to pay the land tax for the land plot is preserved with the organisation until the state registration of the termination of the proprietary right for the given land plot.