SEAMLESS Legal | Netherlands, Russia | 31 Oct 2012
On 1 October 2012 a new law simplifying the registration and management of Dutch private limited liability companies (“BVs”) came into force in the Netherlands.
SEAMLESS Legal | Russia | 5 Oct 2012
The new Federal Law No. 402-FZ “On Accounting”, dated 6 December 2011, (the “Law”) is due to come into force beginning on 1 January 2013.
SEAMLESS Legal | Russia | 31 Aug 2012
In July, the Federal Tax Service (the “FTS”) clarified that when a company’s permanent establishment in Russia accounts for expenses incurred by the company outside Russia, it must (i) adhere to the provisions of the respective international treaties on avoidance of double taxation and Russian tax law; and (ii) consider the position of the Supreme Commercial Court of the Russian Federation......
SEAMLESS Legal | Russia | 31 Aug 2012
On 16 July, the Ministry of Finance of the Russian Federation (the “Ministry”) reminded taxpayers that as of 1 January 2011, a new version of the Tax Code of the Russian Federation (article 284) came in to force.
SEAMLESS Legal | Russia | 31 Aug 2012
On 24 July, the Supreme Commercial Court of the Russian Federation (the “SCC”) reviewed a case on assessing an organisation’s additional profit tax, as the organisation did not have the original documents to confirm the losses it had claimed to have incurred.
SEAMLESS Legal | Russia | 29 Feb 2012
On 7 February 2012, the Presidium of the Supreme Commercial Court of the Russian Federation (the “SCC”) reviewed a case relating to retailers’ paying VAT on bonuses paid by suppliers.
SEAMLESS Legal | Russia | 1 Feb 2012
On 6 December 2011, President Dmitry Medvedev signed the law on accounting.
SEAMLESS Legal | Russia | 1 Feb 2012
As per an order made in October 2011, the Ministry of Finance of the Russian Federation has clarified changes to the individual names of the columns, entries, and boxes of an accounting balance sheet and a cash flow statement.
SEAMLESS Legal | Russia | 30 Nov 2011
At the end of November, the State Duma adopted in the third reading the federal law "On Accounting" (the "Law").
SEAMLESS Legal | Russia | 30 Sep 2011
The Federal Commercial Court of the Moscow Circuit (the "Court") has once again ruled in favour of a company in respect of payment of bonuses for attainment of specific sales volumes.