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
Pepeliaev Group advises of the publication, on 13 February 2013, of Resolution No. 11 of the Plenum of the Russian Supreme Arbitration Court (SAC) dated 25 January 2013 “On paying value added tax when the property of an insolvent debtor is disposed of”. This resolves, to the benefit of creditors and buyers of bankrupt companies’ property, issues relating to the procedure and regime for paying VAT.
Pepeliaev Group reminds you that the amendments to part 1 of article 15.25 of the Russian Code of Administrative Offences tightening the liability for violating currency legislation will go into effect on 13 February 2013.
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