Monitoring of the Federal Legislation dated 19.11.2008

Order of the Ministry of Economic Development of the Russian Federation No. 395 of November 12, 2008 on the Deflator Coefficient for the Purposes of Application of Chapter 26.2 of the Tax Code of the Russian Federation "Simplified System of Taxation" for the Year 2009

In 2009, the deflator coefficient necessary for the indexing of the amount of expenses restricting the right of switchover to and/or application of the simplified system of taxation is fixed in the amount of 1.538.

Order of the Ministry of Economic Development of the Russian Federation No. 392 of November 12, 2008 on the Deflator Coefficient K1 for the Year 2009

In 2009, the deflator coefficient K1 necessary for the calculation of the taxable base for the uniform imputed income tax will make 1.148.

Decision of the Management Board of the Pension Fund of Russia No. 296p of October 13, 2008 on the Endorsement of the Procedure of Registration and Removal from Records in the Territorial Bodies of the Pension Fund of the Russian Federation of Insurants Making Payments to Natural Persons

The procedure of registration in the territorial bodies of the Pension Fund of Russia of insurants making payments to natural persons is being brought in compliance with the actual legislation on obligatory pension insurance.

Direction of the Central Bank of Russia No. 2123-U of November 11, 2008 on the Rate of Refinancing of the Bank of Russia

The rate of refinancing of the Bank of Russia is increased once again from 11% to 12% annual beginning with November 12, 2008.