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Pepeliaev Group advises that the Russian Government has adopted its Resolution No. 419 dated 2 April 2020 “On the implementation of Decision No. 21 of the Board of the Eurasian Economic Commission dated 16 March 2020 and on amending the List of medical goods whose sale within the Russian Federation and import into the Russian Federation and other territories falling under its jurisdiction are not subject to (are exempt from the application of) VAT”.
On 7 April, Federal Law No. 119-FZ dated 7 April 2020 “On amending articles 25 and 25.6 of Federal Law ‘On the procedure for leaving the Russian Federation and entering into the Russian Federation’ and articles 5 and 16 of Federal Law ‘On the legal status of foreign nationals in the Russian Federation’” was published.
Pepeliaev Group advises that the Russian Ministry of Economic Development is developing a draft law to expand benefits for residents of Special Administrative Regions (SARs).
Pepeliaev Group advises that the Russian Ministry of Finance has sent, via diplomatic channels, notification letters to the competent authorities of Malta and Luxembourg requesting that the respective Double Taxation Treaties (“DTTs”) be amended.