Analytics and brochures

We continue to monitor the news concerning the adoption of benefits in Russian regions with respect to property taxes for owners of real estate who are landlords. We are happy to note that the number of regions that have established benefits for regions has increased.

Resolution No. 792 of the Russian Government dated 30 May 2020 has been published whereby the deadline for individuals to submit reports concerning the movement of funds on foreign accounts (deposits) has been moved from 1 June to 1 December 2020.

In its Resolution No. 792 dated 30 May, the Government has again adjusted the measures to ensure sustainable economic development as provided for by Resolution No. 409 of the Russian Government dated 2 April 2020 “On measures to ensure stable economic development”.

Pepeliaev Group advises of amendments being prepared to the Rules for forming, maintaining and upgrading the All-Russian base of vacancies known as “Work in Russia”. Amendments are planned to be adopted in connection with the conduct of an experiment for the use of electronic documents associated with work.

The Federal Law “On amending part II of the Russian Tax Code” (adopted by the State Duma on 22 May and approved by the Federation Council (the upper house of the Russian Parliament) on 2 June as draft law No. 959325-7 

Pepeliaev Group advises that the draft law proposing minor adjustments to parts one and two of the Tax Code has been presented for public hearings.