Analytics and brochures

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.

Pepeliaev Group advises that the Ministry of Healthcare and Social Development of RF issued Order No. 1091n dated 09/29/2011 “On adoption of Federal Service for Surveillance in Healthcare and Social Development (Roszdravnadzor) Administrative Regulation regarding the performance of state controlling function over medicines pre-clinical trials and medications for medical usage clinical trials”, which came into effect on the 1st of April, 2012.

Pepeliaev Group advises that the Russian Finance Ministry, in its Letter No.  03-01-03/18-31 dated 14 March 2012, clarified the procedure for determining amounts of income under so-called ‘fanned out’ transactions that a taxpayer undertakes with related parties.

In February 2009, the Moscow City State Commercial (‘Arbitration’) Court handed down a decision allowing russian company to recover debt from the Israeli-registered company (the “Defendant”) under a supply contract. The court also awarded interest of more than EUR 5 million on the amount due.