Large foreign IT companies were obliged to open branches in Russia

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Monitoring of the Federal Legislation dated 21.10.2010

Protocol on the Amendments to the Agreement between the Government of the Russian Federation and the Government of the Republic of Cyprus on Avoidance of Double Taxation for the Taxes on Incomes and Capital of December 5, 1998 (Nicosia, October 7, 2010)

Adjusts the intergovernmental agreement of Russia and Cyprus on avoidance of double taxation for incomes and capital.

Decision of the Plenum of the Higher Arbitration Court of the Russian Federation No. 52 of October 14, 2010 on the Amendments to the Decision of the Plenum of the Higher Arbitration Court of the Russian Federation No. 30 of June 30, 2008 on Some Issues of Application by Arbitration Courts of the Antimonopoly Legislation

Changes the earlier prepared explanations on the application of the antimonopoly legislation.

Order of the Federal Tax Service No. MMV-7-6/457@ of September 21, 2010 on the Endorsement of the Forms of Notifications of the Opening (Closing), of the Changing of Details of Account (Deposit) in the Bank Located Outside the Territory of the Russian Federation and of the Presence of Account in the Bank Outside the Territory of the Russian Federation

Residents must report to tax bodies not only the opening (closing), presence of accounts (deposits) in foreign banks, but also the changing of their details. Introduces new forms of such notifications.

Letter of the Federal Tax Service No. ShS-37-3/13687@ of October 19, 2010 on the Information Necessary for the Calculation of the Tax on Extraction of Mineral Resources for Oil for September 2010

Provides the above information.

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