Windfall tax for major companies to be introduced in Russia
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31.10.2022
YOU CAN APPLY FOR DIVORCE VIA THE PUBLIC SERVICES WEB-PORTAL - BY FILLING IN AN APPLICATION IN THE STATE KEY APP
The key condition is mutual consent between the spouses. The family will have a month to consider their decision, then at least one of the spouses must visit a registry office and personally confirm the intention. The prerequisites also include such conditions as a verified account on the Public Services portal and the absence of minor children.
28.10.2022
FROM OCTOBER 15, 2022, NEW RESTRICTIONS HAVE BEEN INTRODUCED ON TRANSACTIONS AND OPERATIONS INVOLVING PERSONS FROM UNFRIENDLY COUNTRIES
Transactions involving persons from unfriendly countries are restricted, as a result of which the rights to own, use and (or) dispose of more than one percent of stocks or shares that make up the authorised capital of Russian credit or insurance organisations, non-state pension funds, microfinance companies or management companies of a joint stock investment fund, of a mutual fund or of a non-state pension fund are directly and (or) indirectly established, changed or terminated, or more than one percent of the votes attributable to such stocks or shares (contributions)). Such transactions require permission from the Government Commission for the Control of Foreign Investments.
27.10.2022
SOME INTERNATIONAL DEVELOPMENT INSTITUTIONS ARE WITHDRAWN FROM ECONOMIC SPECIAL MEASURES
The RF President withdrew from a number of economic special measures the following international institutions:
- Asian Infrastructure Investment Bank;
- International Bank for Economic Cooperation;
- International Investment Bank;
- New Development Bank;
- Russian-Kyrgyz Development Fund.
From now, they are not subject to the temporary procedure for transactions and fulfilling obligations, as well as currency restrictions of the Bank of Russia. The RF Ministry of Finance is entitled to provide official clarifications concerning applicability of the Decree.
26.10.2022
ROSKOMNADZOR FORMED A REGISTER OF COMPANIES THAT OBTAINED THE STATUS OF ADVERTISING DATA OPERATORS
On September 1, 2022, legal developments regarding keeping record of online advertising came into force. Information on such advertising, as recalls Roskomnadzor, should be transmitted by advertising market participants to the Unified Register of Internet Advertising through advertising data operators.
25.10.2022
THE EAEU INTRODUCES LABELLING OF ELECTRONIC CIGARETTES AND ELECTRIC VAPORIZERS
It was decided to introduce the labelling of electronic cigarettes and electric vaporizers with means of identification in the EAEU. The EAEU states will independently determine the date of introduction and the procedure for labelling. it will be necessary to notify the Eurasian Economic Commission of this no later than six months. The ban on the introduction of unlabelled electronic cigarettes or vaporizers into circulation cannot be established before October 1, 2022.
24.10.2022
PROCEDURE IS APPROVED FOR GENERATING A QR CODE WHEN CONCLUDING AN AGREEMENT ON THE SALE OF A TOURIST PRODUCT
On September 1, 2022, amendments to the Law on Tourism Activities came into force. Now the provisions of this Law provide, inter alia, for the need to show basic data on tourists and trips in the form of a QR code when concluding an agreement on the sale of a tourist product.
21.10.2022
ADDITIONAL PROCEDURES FOR ESTABLISHING OFFICIAL FOREIGN EXCHANGE RATES ARE DEVELOPED BY THE BANK OF RUSSIA
The Bank of Russia has updated the procedure for establishing official foreign exchange rates against the rouble.
The use of additional alternative data sources is envisaged - bank reporting and digital over-the-counter trading platforms.
20.10.2022
A SERVICE FOR FILING APPLICATIONS FOR ACCREDITATION OF IT COMPANIES HAS BEEN LAUNCHED ON THE PORTAL OF GOVERNMENT SERVICES
The Ministry for Digital Development, Communications and Mass Media informs that the service for accreditation of IT companies has been updated. New rules are now taken into account.
19.10.2022
THERE IS A NEW CORPORATE PROPERTY TAX DECLARATION FROM 2023
The Federal Tax Service approved a new form and procedure for filling out the declaration on property tax of organisations, as well as the format for its submission in electronic form.
The amendments that have taken place are related to amendments to the Tax Code of the Russian Federation, relating, among other things:
- taxation in the implementation of agreements on the protection and promotion of capital investments (tax deduction and conditions for its application are provided);
- taxation of rental property from the lessor.
18.10.2022
OPEN DATA OF ORGANISATIONS ON INCOME, EXPENSES AND TAXES PAID FOR 2021 IS AVAILABLE ON THE WEBSITE OF THE FEDERAL TAX SERVICE
The Federal Tax Service announced that the information of organisations for 2021 on income and expenses according to financial statements is posted on the official website of the Service in the format of open data. In addition, there is information on the amounts for each tax and duty and on insurance premiums, excluding taxes paid in connection with the importation of goods into the customs territory of the EAEU, and taxes paid by the tax agent in 2021.
This information is updated annually on October 1, 2022.
17.10.2022
RULES FOR DRIVING ELECTRIC SCOOTERS, AND OTHER AMENDMENTS TO THE TRAFFIC RULES
The Government of the Russian Federation approved amendments to the Traffic Rules, which concern, inter alia, the procedure for using electric scooters, hoverboards (gyro scooters), segways, electric unicycles and other similar devices equipped with an engine.
Such devices will be covered by the concept of "personal mobility device" and will obtain a special legal status. Ordinary scooters and roller skates (without an engine) will not be included into the list of personal mobility devices, and their owners are still considered as pedestrians. The amendments will come into force on March 1, 2023.
14.10.2022
A PACKAGE OF LEGAL ACTS WAS SIGNED ON THE ENTRY OF FOUR NEW SUBJECTS INTO THE RUSSIAN FEDERATION
On October 4, 2022, the President of the Russian Federation signed federal laws on the ratification of agreements concluded between Russia and the Donetsk and Lugansk People's Republics, Zaporozhye and Kherson regions, as well as federal constitutional laws on the formation of new subjects within the Russian Federation. These federal constitutional laws established a transitional period until January 1, 2026 in order to integrate new entities into the economic, financial, credit and legal systems of the Russian Federation, into the system of its state authorities. There are also features of regulation of property, social, budgetary, tax and other relations in the respective territories.
13.10.2022
FROM OCTOBER 10, 2022, A BAN ON ROAD FREIGHT TRANSPORTATION THROUGH THE TERRITORY OF THE RUSSIAN FEDERATION FOR CARRIERS FROM A NUMBER OF UNFRIENDLY COUNTRIES IS INTRODUCED
The Government of the Russian Federation, within its authorities granted by the President, has introduced a ban on international road transportation of goods across the territory of the Russian Federation by trucks belonging to foreign carriers registered in the member states of the European Union, the United Kingdom of Great Britain and Northern Ireland, Norway, and Ukraine.
12.10.2022
THE BANK OF RUSSIA EXTENDED RESTRICTIONS WITH RESPECT TO TRANSFERS OF FUNDS ABROAD FOR INDIVIDUALS
Restrictions on withdrawal of funds (abroad) will be in effect for another six months - from October 1, 2022 until March 31, 2023.
However, Russian citizens and also citizens of friendly countries will be able to transfer up to 1 million US dollars per month to any account opened with a foreign bank, but through money transfer systems - no more than 10 thousand US dollars (or the equivalent in another foreign currency).
11.10.2022
THE RF GOVERNMENT EXTENDED THE SIMPLIFIED PROCEDURE FOR REGISTERING MEDICAL DEVICES UNTIL 2025
It was decided to extend the simplified procedure for state registration of the most popular medical devices until January 1, 2025.
10.10.2022
THE NEW PROCEDURE FOR STATE ACCREDITATION OF IT COMPANIES HAS BEEN APPROVED
The Regulations on state accreditation of Russian organisations operating in the area of information technology has been approved. It entered into force from the day of its official publication, i.e., on October 1, 2022.
07.10.2022
THE KEY RATE OF THE CENTRAL BANK OF THE RUSSIAN FEDERATION IS 7.5% PER ANNUM FROM SEPTEMBER 19
The Board of Directors of the Bank of Russia decided to cut the key rate by 50 bp. - up to 7.5% per annum.
The press release notes that current consumer price growth remains low, contributing to a further slowdown in annual inflation.
06.10.2022
THE COUNCIL OF MINISTERS HAS BEEN GRANTED THE RIGHT TO IMPOSE A BAN ON INTERNATIONAL TRANSPORTATION OF GOODS ACROSS THE RUSSIAN FEDERATION BY VEHICLES BELONGING TO CARRIERS FROM UNFRIENDLY COUNTRIES
According to the Decree, the Government of the Russian Federation was granted the authority to establish a ban on international road transport of goods across the territory of the Russian Federation by trucks belonging to foreign carriers registered in foreign countries that have introduced restrictive measures against Russian citizens or legal entities in the area of international road transport of goods.
05.10.2022
THE DUTY-FREE IMPORT LIMIT OF 1,000 EUROS FOR GOODS FOR INDIVIDUALS INTO THE EAEU WILL REMAIN UNTIL APRIL 1
The Federal Customs Service informs about the extension of the temporary threshold established for individuals for duty-free importation of goods for personal use into the EAEU. It is reported that the corresponding decision was taken on September 23 at a meeting of the Council of the Eurasian Economic Commission.
04.10.2022
STUDENTS OF STATE EDUCATIONAL INSTITUTIONS FULL-TIME OR AND AT EVENING DEPARTMENTS ARE ENTITLED TO A DEFERMENT FROM MOBILISATION
Deferment from military service as part of the limited mobilisation will be provided for full-time and part-time students of state-certified educational programs of secondary vocational and higher education in state educational institutions and scientific organisations. The deferment shall be provided for students that study the appropriate level for the first time.
03.10.2022
REGULATIONS ON THE MINISTRY OF JUSTICE IS EXTENDED DUE TO AMENDMENTS TO THE LAW ON PROVIDING FREE LEGAL ASSISTANCE
At the end of June 2022, amendments were made to the Law on Providing Free Legal Assistance regarding activities of legal clinics established at higher educational institutions. They come into force on December 26, 2022.
Based on these legislative amendments, relevant changes have been recently made to the Regulations on the Ministry of Justice of the Russian Federation.
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