Monitoring of the Federal Legislation dated 24.01.2008

Order of the Federal Tax Service No. MM-3-04/689@ of December 20, 2007 on the Amendments to the Order of the Federal Tax Service of Russia No. SAE-3-04/706@ of October 13, 2006

The amendments to the procedure of filling of form 2-NDFL Certificate of Incomes of the Natural Person for the Year 200_ are stipulated by the refining of the list of incomes exempted from the incomes tax from natural persons and tax exemptions.

Order of the Ministry of Finance of the Russian Federation No. 114n of December 20, 2007 on the Amendments to the Accounting Regulation PBU 8/01 "Contingencies of Economic Activities"

Contingencies of economic activities and their consequences are registered in accounting work of commercial organisations regardless of the possibility of reduction or increase in the future of economic benefits of the organisation stipulated by the fact of economic activities of the organisation.

Order of the Ministry of Finance of the Russian Federation No. 143n of December 20, 2007 on the Amendments to the Accounting Regulation PBU 7/98 "Events after the Reporting Date"

The amendments specify that significance of the event after the reporting date shall be determined by the organisation independently proceeding from common requirements to accounting reports.

Order of the Ministry of Finance of the Russian Federation No. 142n of December 20, 2007 on the Amendments to the Order of the Ministry of Finance of the Russian Federation No. 146n of November 14, 2006

Provides a new wording for the Guide of Codes of the Types of Excisable Commodities, except for tobacco items, and the Guide of Codes of the Types of Excisable Commodities (Tobacco Items).

Order of the Ministry of Finance of the Russian Federation No. 132n of December 17, 2007 on the Endorsement of the Form of the Tax Declaration for the Uniform Social Tax for Independent Entrepreneurs, Lawyers, Private Notaries and Its Filling Procedure

The declaration is submitted by taxpayers, including the heads of the peasant (farmer) enterprises, to the tax bodies at the place of residence no later than the 30th of April of the year following the expired tax period.

Order of the Federal Agency for Tourism No. 141 of December 19, 2007 on the Endorsement of the Administrative Regulation of the Federal Agency for Tourism on the Rendering of the State Service of Informing According to Established Procedure of Tour Operators, Tour Agencies and Tourists of the Security Hazards for Tourists in the Country (Place) of Temporary Stay

The duty to inform tour operators, tour agencies and tourists of the security hazards for tourists in the country (place) of temporary stay is vested in the Federal Agency for Tourism.