Analytics and brochures

Pepeliaev Group advises that a draft law establishing enormous fines for violating requirements for localising personal data in Russia was adopted in the first reading on 10 September.

Rospotrebnadzor’s proposal to introduce mandatory labelling of supplements, sport nutrition and water.

Pepeliaev Group advises that the new rules for regulating special investment contracts (SPIC 2.0) have come into force. Changes aimed at improving the taxation regime with regard to taxpayers who are SPIC participants have also been made to the Russian Tax Code. 

Letter No. ED-4-13/15696@ “On holding companies’ beneficial ownership of income from sources in the Russian Federation” dated 8 August 2019 was published on the official website of the Russian Federal Tax Service on 13 August 2019. This letter evidences quite a serious change of the Service’s approach to the problem, which for many years has been the subject matter of tax disputes and professional discussions. 

Pepeliaev Group advises that laws have been passed which increase the period for employees to notify employers about receiving salary through another bank and which specify administrative liability for impeding employees’ rights when the latter choose a credit institution for their salary to be transferred to.

Pepeliaev Group advises that a federal law “On attracting investments using investment platforms and amending certain items of Russian legislation” has been adopted.