Monitoring of the Federal Legislation dated 31.05.2007

Decision of the Government of the Russian Federation No. 310 of May 22, 2007 on the Rates of Payment for the Unit of Volume of Forest Resources and the Rates of Payment for the Unit of Area of the Federally Owned Forest Part

Endorses the rates of payment for the unit of volume of forest resources and the rates of payment for the unit of area of the federally owned forest part.

Order of the Ministry of Foreign Affairs of the Russian Federation and the Ministry of Finance of the Russian Federation No. 6498/40n of May 8, 2007 on the Endorsement of the List of Foreign States Whose Citizens and/or Organisations Accredited in the Russian Federation Are Exempted from the Value Added Tax When They Lease Rooms on the Territory of the Russian Federation

According to the Tax Code, VAT exemption applies to the leasing of rooms on the territory of the Russian Federation by foreign citizens and organisations accredited in the Russian Federation, the list of foreign states being defined by the federal body of executive power in the sphere of international relations together with the Ministry of Finance.
      Registered in the Ministry of Justice of the Russian Federation on May 28, 2007. Reg. No. 9567.

Direction of the Central Bank of Russia No. 1823-U of May 2, 2007 on the Amendments to the Regulation of the Bank of Russia No. 2-P of October 3, 2002 on Cashless Payments in the Russian Federation

Regulation of the Bank of Russia No. 2-P of October 3, 2002 on cashless payments in the Russian Federation is amended where it pertains to the procedure of submission of payment orders in the electronic form.
      The Direction must be published officially in the Herald of the Bank of Russia and is entered into force from July 1, 2007.
      Registered in the Ministry of Justice of the Russian Federation on May 25, 2007. Reg. No. 9547.

Direction of the Central Bank of Russia No. 1824-U of May 2, 2007 on the Amendments to the Regulation of the Bank of Russia No. 225-P of May 6, 2003 on the Guide of Bank Identification Codes of Participants of Payments Making Payments through the Payment Network of the Central Bank of the Russian Federation (Bank of Russia)

Amends the description of the requisites of participants of payments making payments through the payment network of the Bank of Russia, as well as their filling procedure.
      Registered in the Ministry of Justice of the Russian Federation on May 22, 2007. Reg. No. 9507.

Order of the Federal Tax Service No. MM-3-06/308@ of May 16, 2007 on the Amendments to the Order of the Ministry of Taxation of Russia No. SAE-3-30/290@ of April 16, 2004

Revises the criteria of qualifying of legal entity organisations as major taxpayers subject to tax administration at the federal and regional level.