Monitoring of the Federal Legislation dated 4.06.2010

Decision of the Government of the Russian Federation No. 376 of May 31, 2010 on the Amendments to the Decision of the Government of the Russian Federation No. 109 of February 26, 2004

The amendments pertain to the regulation of tariff rates for thermal and electric energy proceeding from profitability of invested capital.

Order of the Ministry of the Industry and Trade of the Russian Federation No. 429 of May 24, 2010 on the Subsidies at the Expense of the Federal Budget Granted in 2010 to Reimburse the Losses in Incomes of Trade Organisations in the Cases of Sale of New Russian-Made Motor Vehicles with a Discount to Natural Persons Having Disposed of Inoperable Motor Vehicles for Utilisation

Distributes subsidies among organisations for the total amount of Rbl 286.6 million.

Letter of the Department of the Tax and Customs Tariff Policy of the Ministry of Finance of the Russian Federation No. 03-02-07/1-244 of May 19, 2010 on the Recognition As Desperate for Collection and Writing off of Arrears and Debts in Penalties and Fines for the Federal Taxes and Fees

The State Duma adopted amendments to the Tax Code of the Russian Federation envisaging an exhaustive list of reasons to recognise arrears and debts as desperate for collection.