Analytics and brochures

Pepeliaev Group advises that on 29 January 2013, the Presidium of the Russian Supreme Commercial (‘Arbitration’) Court (the “SAC”) will consider the regime for calculating the tax base for mineral extraction tax (“MET”) if, in addition to minerals for which the tax base is cal-culated using the estimated method, the company extracts minerals for which the tax base is de-termined using other methods.

The new requirements for personal data protection were approved by the Russian Government’s Resolution No. 1119 dated 1 November 2012 (the “Resolution”), which was published on 7 November 2012 in official journal Rossiiskaya Gazeta.

The proposal is contained in Letter No. 14-0/10/2-2202 of the Russian Ministry of Labour and Social Protection (the “Labour Ministry”) dated 8 October 2012, published on 12 October 2012 in official government publication Rossiiskaya Gazeta. 

Pepeliaev Group advises that the Russian Federal Tax Service has published its recommendations for drafting and filing documents for the purposes of tax control over transfer pricing in relation to related-party transactions. 

Pepeliaev Group reports that the Presidium of the Supreme Russian Arbitration Court has published its Resolution No. 2676/12, dated 21 June 2012, which permits all taxpayers, irrespective of their economic activities, not to account separately for input VAT if the share of non-VATable operations completed before October 2011 is insignificant (para. 9, article 170(4) of the Russian Tax Code of Russia).

Pepeliaev Group advises that on 12 July 2012 a Resolution of the Plenum of the Russian Supreme Arbitration Court (the “SAC”) was published. It clarifies how provisions concerning a guarantee should be applied when cases are considered by courts, as well as when bankruptcy cases are considered.