Analytics and brochures

Law firm Pepeliaev Group reports that the Federal Tax Service of the Russian Federation has approved the documents which taxpayers will need in order to submit notifications of transactions that are subject to special control under the transfer pricing laws.

Pepeliaev Group advises that the Leningrad Region legislation regarding tax benefits for investors is to undergo significant amendment.

Pepeliaev Group advises that Resolution No. 2341/12 of the Supreme Arbitration Court dated 3 July 2012 has been handed down.  It clarifies the application of article 31(1)(7) of the Russian Tax Code for the calculation of profit tax with ‘problematical suppliers’.

Pepeliaev Group advises that on 6 February 2012 the Russian Ministry of Public Health and Social Development published a draft order on its website by which it approved the Administrative Regulations of the Federal Supervisor for Public Health with regard to provision of a public service connected with licensing pharmaceutical activity.

Pepeliaev Group advises that Federal Law No. 97-FZ dated 29 June 2012, which makes various amendments to tax and banking legislation, has been officially published.

Pepeliaev Group advises that in its Resolution No. 16067 dated 15 March 2012, the Presidium of the Russian Supreme Arbitration Court (SAC) confirmed that it was lawful to recover from the tax authorities expenses of almost RUB 3 million on the taxpayer’s representatives involved in its defence.