Analytics and brochures
The Head of the Russian Ministry of Industry and Trade has announced that the tax free system can be extended to cover all Russian regions by the end of 2019.
The Russian Ministry of Economic Development has suggested the concept of adigital special economic zone for the IT sector featuring many benefits, including tax benefits.
Pepeliaev Group advises that on 15 April 2019 the Rules for developing technological standards relating to emissions/discharges of pollutants take effect. They are approved by the Russian Government's Resolution No. 89 dated 14 February 2019.
On 15 March, a public consultation started concerning amendments to the Russian Tax Code that were drafted by the Russian Finance Ministry and are aimed at settling disputes under international transactions and many other issues.
Pepeliaev Group advises that in March 2019 the Russian Government has adopted a number of regulatory instruments setting the requirements for creating a system of automatic control and requirements for equipment and for technical tools to measure, record, document and transfer the information about emissions/discharges.
Pepeliaev Group advises that an updated procedure for audits with respect to compliance with personal data legislation has come into force.
Pepeliaev Group advises you about the court practice regarding advertising and marketing expenses which a taxpayer that is a manufacturer of goods has incurred within intra-group relations. The position of the court regarding this case may apply to other similar disputes.
Starting from 1 January 2019, the rule of Law No. 244-FZ dated 3 July 2016 came into effect. Under this rule, foreign companies providing electronic services to individuals and legal entities in Russia will themselves have to calculate and pay VAT on the value of the services provided.