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Analytics and brochures

Alerts
20 July 2015
New regulation of factoring transactions under foreign trade contracts
Pepeliaev Group advises that a Federal Law has been enacted, enabling Russian banks and factoring companies to offer Russian clients financing services involving the assignment of receivables (factoring) under foreign trade contracts.
Alerts
15 July 2015
VAT charged when non-payment under a contract is insured: the position of the russian constitutional court
Pepeliaev Group advises that Russian Constitutional Court has held that article 162 of the Russian Tax Code, which in fact establishes double VAT on insurance payouts that a supplier of goods (work, services) receives under a contract insur...
Articles and comments
09 July 2015
Russia upholds Sony appeal in insurance case
Russia’s Constitutional Court has found a section of the Russian Tax Code to be invalid during a dispute between Sony Mobile and the Russian tax authorities. The ruling affects VAT paid on insurance taken out to guard against non-payment...
Legal overviews
06 July 2015
Overview of tax events for June 2015
On 2 June, the State Duma (the lower chamber of the Russian Parliament) held parliamentary hearings regarding draft Main Directions for Tax Policy until 2018. The draft, in particular, provides for corporate profit tax benefits for greenfie...
Alerts
06 July 2015
Changes to the procedure for persons to be acknowledged to be qualified investors
Pepeliaev Group advises that 26 June 2015 saw the entry into force of the Bank of Russia's Instruction No. 3629- U dated 29 April 2015 'On recognising persons to be qualified investors and on the procedure for keeping a register of persons...
Alerts
03 July 2015
Interest on a monetary obligation (Article 317.1 of the Russian Civil Code)
Pepeliaev Group advises that starting from 1 June 2015 article 317.1 of the Civil Code regarding interest on a monetary obligation has come into effect 
Alerts
17 June 2015
Joining the federal radio and electronics industry agreement for 2015-2017
At the federal level, the industry agreement has been adopted which sets additional obligations and automatically extends to companies in radio and electronics industry in Russia. To refuse to join the agreement, a well-grounded refusal sho...
Articles and comments
15 June 2015
B2B: Parallel Import of Medicines: High Time or the Wrong Time?
Russia is still heavily dependent on foreign medicines. While the healthcare budget heads in somewhat the opposite direction, skyrocketing prices for these medicines has been cause for heated debate. In particular, once again there are discussions...
Alerts
09 June 2015
Offshore amnesty and tax repatriation in action
Pepeliaev Group advises that decisions have been taken which were needed for the law on 'tax repatriation' (in effect from 2015) to take full force:
1) the procedure and the time frames have been set for the 'offshore amnesty';
2)...