Alerts
12June2013
Conciliation as a new tool for resolving disputes
Pepeliaev Group highlights the significantly expanded range of possibilities for resolving commercial disputes and litigation arising out of civil law and other legal relationships by means of a new type of service – conciliation involving an intermediary
15April2013
The Supreme Commercial (‘Arbitration’) Court on taxing bonuses paid by banks to VIP clients
Pepeliaev Group advises that on 9 April 2013 the Presidium of the Russian Supreme Commercial (‘Arbitration’) Court issued a ruling concerning the case of Citibank. In the ruling, the Court resolved the issue of taxable income arising when VIP clients receive bonuses from banks.
12April2013
Federal Law “On the contract system in the sphere of purchases of products, work or services for state and municipal needs”
Pepeliaev Group advises that Federal Law No. 44-FZ “On the system of public procurement contracts for products, work or services for state and municipal needs” was adopted on 5 April 2013.
11April2013
10April2013
A chapter about remote work has been added to the Labour Code
Federal Law No. 60-FZ dated 5 April 2013 amends the Russian Labour Code in terms of regulating the work of remote employees. The amended code describes how to enter into employment agreements with remote employees and how they should liaise with the employer. The Law comes into force on 19 April 2013.
We note the most important provisions of the law:
We note the most important provisions of the law:
10April2013
Consequences of unauthorised access to services using electronic communications
Having analysed the case law that has developed, Pepeliaev Group notes Resolution No. 3933/12 of the Presidium of the Supreme Commercial (‘Arbitration’) Court (the “SAC”) dated 18 September 2012.
05April2013
On 30 April 2013, the deadline expires for employers to submit applications that they need foreign employees for 2014
Pepeliaev Group reminds companies which are planning to hire foreign employees for 2014 that they must submit an application that they require foreign employees (the “Application”) by 30 April 2013 at the latest.
27March2013
Important amendments in control over transfer pricing
Pepeliaev Group advises that on 22 March 2013, the State Duma adopted a law under which the deadline for filing notifications of controlled transactions and for carrying out control measures for 2012 has been put off for six months
26March2013
The procedure for paying VAT on bonuses paid to clients is set out in the law
Pepeliaev Group advises that on 22 March the State Duma adopted a law that regulates the procedure for calculating and paying VAT on bonuses paid to customers. According to the amendments, if the parties have not stipulated in the contract that bonuses will be treated as a discount on the price, the supplier’s tax base and the customer’s tax deductions should not be adjusted. It is expected that in the near future the law will be approved by the Federation Council, signed by the Russian President and officially published.
07March2013
07March2013
Assessing the estimated cost incurred on simultaneous extraction of different minerals
Pepeliaev Group advises that on 29 January 2013 the Presidium of the Russian Supreme Commercial (‘Arbitration’) Court examined the calculation of Mineral Extraction Tax when mixed minerals are extracted, where the tax base is assessed using the calculation method for one type of minerals, and a different method for another type of minerals
01March2013