Analytics and brochures

Pepeliaev Group advises that 1 January 2021 saw the entry into force of Order No. 1026 of the Russian Ministry of Natural Resources and Environment dated 8 December 2020 “On approving the procedure for issuing certificates and the standard forms of certificates for waste of hazard classes I-IV”.

Pepeliaev Group advises that on 30 December 2020 a law was published that amends the Federal Law “On personal data” which regulates specific aspects of the processing and dissemination of personal data that is to be disclosed to an unspecified group of persons (rather than of publicly available personal data).

Pepeliaev Group advises that the law to amend the Russian Tax Code provides for a number of measures to develop tax monitoring, such as lowering the thresholds to enter monitoring and extending the deadlines for applying to switch to monitoring; changing the procedure for information exchange between a monitored company and a tax inspectorate; a new procedure for suspending transactions in accounts and for conducting desk, field and cross-audits of a monitored company; changes in the procedure when a grounded opinion is drawn up at the initiative of the tax authority, and early termination of monitoring; and granting the participants in monitoring the right to have VAT and excise tax refunded under a declarative procedure.

The Russian Ministry of Finance has prepared amendments to the Tax Code the adoption of which may result in a significant increase of the volume of information transferred to the tax authorities concerning the transactions of bank clients.