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Pepeliaev Group advises of the legal position of the Russian Constitutional Court (the ‘Constitutional Court’) set out in Resolution No. 39-P dated 8 December 2017 and of letter No. SA-4-18/45@ of the Russian Federal Tax Service (the ‘Federal Tax Service’) dated 9 January 2018 containing clarifications for the regional tax authorities regarding the procedure for applying the specified position of the Constitutional Court.
Pepeliaev Group advises that the St. Petersburg Legislative Assembly, on 29 November 2017, adopted a law exempting from corporate property tax any movable property which was released no earlier than three years ago.
Pepeliaev Group advises that the Russian Supreme Court has confirmed the right of taxpayers to deduct VAT amounts charged by contractors when work on cultural heritage sites is performed.