Large foreign IT companies were obliged to open branches in Russia

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Daily Monitoring of the Legislation

Monitoring of the Federal Legislation dated 26.10.2010

Order of the Federal Service for Tariff Rates No. 246-e/4 of October 7, 2010 on the Limiting Levels of Tariff Rates for Electric Energy (Power) Supplied to Buyers at Retail Markets, Except for the Electric Energy (Power) Supplied to the Population and the Categories of Consumers of Similar Status on the Territories Not Included in the Pricing Zones of the Wholesale Market for 2011

The amendments to the law on the electric power supply industry specifies exhaustive lists of prices (tariff rates) subject to state regulation at the wholesale and retail markets.

Order of the Federal Service for Tariff Rates No. 245-e/3 of October 7, 2010 on the Limiting Levels of Tariff Rates for Electric Energy Supplied to the Population and the Categories of Consumers of Similar Status for 2011

Specifies the above tariff rates.

Order of the Ministry of Economic Development of the Russian Federation, Ministry of Internal Affairs of the Russian Federation, Ministry of Defence of the Russian Federation, Ministry of Justice of the Russian Federation, Ministry of Emergency Situations of the Russian Federation, Ministry of Public Health and Social Development of the Russian Federation, Ministry of Mass Communication of the Russian Federation, Federal Security Service of the Russian Federation, Federal Service of the Russian Federation for Control over Circulation of Narcotics, Federal Customs Service, Federal Migration Service and the Federal Tax Service Nos. 412, 645, 1183, 216, 422, 782n, 120, 425, 370, 1638, 264, MMV-7-6/437@ of September 3, 2010 on the Functioning of the State Information System "Law Enforcement Portal of the Russian Federation"

The system is expected to provide full information on activities of the above agencies.

Letter of the Federal Tax Service No. ShS-37-3/13942@ of October 22, 2010 on the Issue of Taxation with the Value Added Tax of the Works of Processing of Customer-Supplied Raw Materials Envisaged in Item 1 of Article 4 of the Protocol on the Procedure of Collection of Indirect Taxes in the Cases of Carrying out Works, Rendering Services in the Customs Union of December 11, 2009

The processing of customer-supplied raw materials imported to the territory of the member-state of the Customs Union from another participant of the Customs Union followed by subsequent export of the products of processing to another country is subject to VAT at the zero rate.

Letter of the Ministry of Finance of the Russian Federation No. 03-07-15/131 of October 6, 2010 on the Procedure of Filling of the Tax Declaration for the Value Added Tax for the III Quarter of 2010 and Until the New Form of the Declaration Is Endorsed

Explains the procedure of filling of the declaration for the value added tax taking into account the acts of the Customs Union.

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