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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. For the period starting from 5 June, our list has grown by six more regions.
Pepeliaev Group advises that amendments have been passed to the Federal Law “On information, information technologies and data protection”. These amendments establish new rules for restricting access to information disseminated in violation of copyright and/or related rights or legal requirements, and specify the procedure for restricting access to the information resource of a person organising the dissemination of information.
On 8 June 2020, the Russian President signed Federal Law No. 171-FZ “On amending the Russian Commercial Procedure Code in order to protect the rights of individuals and legal entities in connection with restrictive measures introduced by a foreign state, an association and/or union of states, and/or governmental (transnational) institution of a foreign state or association and/or union of states”.
Russian lawmakers continue to adopt regulations aimed at clearly defining the circle of not-for-profit and religious organisations to which property can be transferred for no fee and when relevant costs can be deducted for profit tax purposes.
Pepeliaev Group advises that three additional measures of state support have been introduced in the sphere of leasehold relationships in the context of the spread of the coronavirus.
