Analytics and brochures

By its Resolution No. 32-P dated 2 July 2020 the Russian Constitutional Court has banned recovery from individuals under a civil law procedure (article 1064 of the Russian Civil Code) of damage caused to the state in the amount of arrears provided that the impossibility to recover such arrears in the manner established by tax legislation is not connected with the actions of the individual.

Pepeliaev Group advises that on 2 July 2020 the Government, in its resolution No. 976, approved the rules for granting direct free-of-charge non-recurring financial aid from the government to individual categories of small and medium-sized enterprises and socially oriented non-commercial organisations for the recipients of subsidies to get a partial compensation for the costs on taking measures in 2020 to prevent the new coronavirus infection. 

The Government's Resolution No. 927 dated 26 June has added passenger transportation by rail (i.e. a long haul service), marine and inland water-borne transport to the list of sectors “affected” by the spread of the coronavirus infection.

We continue to monitor the news concerning the adoption of benefits in Russian regions with respect to property taxes for owners of real estate who are landlords. Please find below an overview table as at 29 June 2020.

As we previously advised, Russian lawmakers continue to adopt regulations aimed at clearly defining the circle of not-for-profit and religious organisations to which property can be transferred for no fee and when relevant costs can be deducted for profit tax purposes.

Pepeliaev Group advises that Federal Law No. 187-FZ dated 23 June 2020 “On amending the Russian Code of Administrative Offences” has been adopted.