The members of the State Duma have finalised the draft law "On state cadastral valuation in the Russian Federation". This draft law proposes a completely new method for setting up commissions to consider disputes regarding the outcome of a calculation of the cadastral value. Unlike the draft law submitted by the Government, this draft law provides that not only officials will participate in the commission considering a dispute but also representatives of the business community and of the relevant industry.
The Russian Government has determined a list of goods, the producers and importers of which will be obligated to ensure partial recycling or to pay the environmental charge.
On 2 June, the State Duma (the lower chamber of the Russian Parliament) held parliamentary hearings regarding draft Main Directions for Tax Policy until 2018. The draft, in particular, provides for corporate profit tax benefits for greenfield projects and an increased initial value of depreciated property for tax purposes. It also sets a moratorium on an increased tax burden in Russia until 2018.
The Russian Government has approved a list of VAT-exempt materials for scientific research which do not have Russian substitutes. The list includes 180 items (Resolution No. 469 dated 15 May 2015).
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