Pepeliaev Group advises that Resolution No. 1580 of the Russian Government dated 1 October 2020 (“Resolution No. 1580”) , which establishes specific aspects of how permit regimes should be applied in the areas of industrial safety, the electric power industry and heat supply, came into force on 3 October 2020.
Pepeliaev Group advises that on 2 October 2020 Rosreestr’s Order No. P/0321 “On approving the list of documents confirming the applicant’s right to acquire a land plot without a competitive bidding procedure” dated 2 September 2020 (the “Order”) was published on the official legal Internet portal.
Pepeliaev Group advises that the Russian Government has prepared a draft of the DTT with Luxembourg that proposes changes in the taxation of dividend and interest income.
Pepeliaev Group advises that the Russian Supreme Court (the “Supreme Court”) has formed a legal position regarding the income of foreign entities being subject to Russian withholding tax.
Pepeliaev Group advises that order No. 102n of the Russian Ministry of Finance dated 11 June 2020 approved the Procedure for a mutual agreement procedure application to be filed and reviewed in accordance with the provisions of a DTT .
Pepeliaev Group advises that in its Resolution No. 1587 “On extending the moratorium for initiating bankruptcy cases further to applications of creditors with respect to individual debtors” dated 1 October 2020 the Russian Government (the “Government”) has extended until 7 January 2021 the moratorium for initiating bankruptcy proceedings further to creditors’ requests as stipulated by article 9.1 of the Law on Bankruptcy .
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