Analytics and brochures
Overview of developments in legislation and case law for March 2021
1 min readIn the issue: The Russian Government by Resolution No. 279 dated 27 February 2021 has approved a new concessional credit programme for businesses in the most affected areas.
The law on the mandatory pre-installation of russian software has come into force
3 min readPepeliaev Group advises that, on 1 April 2021, Federal Law No. 425-FZ “On amending article 4 of the Law of the Russian Federation “On the protection of consumers” dated 2 December 2019 came into force. The law obliges producers and persons authorised by them to perform the prior installation of Russian software on separate types of goods.
Counterparty’s insolvency risks for creditors of state and municipal unitary enterprises
4 min readPepeliaev Group advises of specific aspects of how claims of creditors of state enterprises are satisfied at the expense of the debtor’s rights to a land plot.
The risks of administrative liability being imposed for the use of a land plot other than for its intended purpose
8 min readPepeliaev Group advises of the risks related to the uncertainty of calculating the limitation period for imposing administrative liability in the area of land use.
The Russian Parliament’s Lower Chamber has clarified the definition of white-collar crimes
3 min readThe State Duma has adopted a federal law to outline in greater detail the definition of white-collar crimes in some of its provisions.
Letter of the federal tax service on how article 54.1 of the Russian Tax Code should be applied
6 min readThe Federal Tax Service has sent to the tax authorities a letter with detailed recommendations on how article 54.1 of the Russian Tax Code should be applied. The clarifications of the FTS significantly mitigate administrative and judicial practice by pointing out that the tax authorities should identify the actual amounts of tax liabilities.
New practice of registration authorities when changing the sole executive body
2 min readPepeliaev Group advises of the new practice of registration authorities.
The law on environmental information has been adopted
3 min readPepeliaev Group advises that on 9 March 2021 the Russian President signed the Law which supplements Federal Law No. 7-FZ “On environmental protection” dated 10 January 2002 and a number of other laws with provisions on environmental information.
New clarifications of the federal tax service on intra-group services: the concept of shareholder activity
9 min readIn its Letter No. ShYu-4-13/1749@ dated 12 February 2021, the Russian Federal Tax Service clarified how intra-group services and shareholder activities should be distinguished within MNE groups.
Overview of developments in legislation and case law for February 2021
1 min readIn the issue: The Supreme Court’s Presidium has approved the third Overview of the issues of case law connected with the application of anti-Covid legislation.
A law has been published to toughen liability for violations in the sphere of personal data
2 min readPepeliaev Group advises that, on 24 February 2021, a Federal Law was published to amend the Russian Code of Administrative Offences, namely: to significantly increase administrative fines for violating legislation in the sphere of personal data.
The more the merrier, or will companies transfer en masse to SAR?
3 min readPepeliaev Group advises of the passing of a law that amends the regulation of special administrative regions (SAR) on the islands Russky and Oktyabrsky.
Overview of tax events for February 2021
2 min readIn the issue: The Russian President has signed the law setting out amendments to the Russian Tax Code (No. 6-FZ).
New requirements for an internal control system are being prepared for companies that are subject to tax monitoring
12 min readPepeliaev Group advises that a draft of the new requirements for an internal control system and of the forms and formats of documents to be provided by a company when disclosing information about this system has been posted on the federal portal of draft regulatory acts.
Courts clarify administrative liability for a breach of requirements for permitted use of land plots
4 min readPepeliaev Group advises of the case law that, in furtherance of the resolutions adopted by the Constitutional Court, clarifies the conditions of administrative liability for the use of a land plot in breach of the type of permitted use.
Strengthening risks of liability with respect to obligations of finacial institutions
9 min readPepeliaev Group advises that, from 1 July 2021 a significant amendment is expected in terms of the regulation of the status of persons controlling the activity of credit institutions and insurance companies and non-public pension funds, and their liability.
A procedure is coming into force for assessing damage to the atmosphere caused by stationary sources
11 min readPepeliaev Group advises that on 16 February 2021, the Procedure comes into force that sets the rules for assessing damage caused by emissions of polluting substances into the atmosphere from stationary sources on these sites.
Tax consequences of capital improvements of leased property: new approaches
10 min read
Pepeliaev Group advises that new court practice has developed regarding integral improvements to leased property.
Client identification rules have been changed for the sale and purchase of jewellery
6 min read
Pepeliaev Group advises of the coming into force, starting from 30 January 2021, of Federal Law No. 536-FZ “On amendments to the Federal Law ‘On combating the legalisation (laundering) of the proceeds of crime and the financing of terrorism’” dated 30 December 2020 (“Law No. 536-FZ”).