The State Committee for Statistics (Goskomstat) has published (in the Rossijskaya Gazeta of 26 December 1996) indices for the revaluation of fixed assets of enterprises as at 1 January 1997 (see Tax News Reporter of 18 December 1996). This revalution serves statistical purposes only and there is no intention to influence property tax or depreciation for profits tax purposes in 1996 and 1997. The index consists of two components: a quotient for the area where the property is located and one for the category in which the asset falls.
Order of the State Committee for Statistics, based on Government Regulation of 7 December 1996 No. 1442
REVENUE COLLECTION/ PARTICIPATION OF MINISTRY OF INTERNAL AFFAIRS
The tax authorities can request the Ministry of Internal Affairs to provide physical protection for tax inspectors who are carrying out audits of enterprises or to guard office premises of the tax service. The Ministry of Internal Affairs is not given any authority to perform audits or collect taxes.
Presidential Decree of 14 December 1996 No. 1680
USE OF "RUSSIA" IN TRADE NAMES
The names "Russia", "Russian Federation", "federal" and words and verbal structures based on them may only be used in company names after approval of a special commission. Apparently, the permission needs to be applied for upon registration of a new legal entity, whilst the year 2000 is set as a deadline for reviewing existing company names. Criteria which will be considered for granting approval generally relate to the possibility of confusion on the part of the general public about the size and significance of such companies.
Government Regulation of 7 December 1996 No. 1463
TAX ALERT ON NEW ACCOUNTING LAW/ RECTIFICATION
Please note that our Tax Alert 15/96 of 17 December 1996 (par. 8) mentions the wrong date for publication of annual accounts of public companies. This should be 1 June instead of 1 July. We apologise for any inconvenience this error may have caused.
For further information contact Bauke van der Meer on tel: +7 503 232 5511 fax: +7 503 232 5522 or e-mail directly: Bauke_van_der_Meer@ru.coopers.com or enter a text search 'Coopers & Lybrand' and 'Business Monitor'
The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.
To print this article, all you need is to be registered on Mondaq.com.
Click to Login as an existing user or Register so you can print this article.
The consequences of Brexit for the environment and environmental laws barely featured in pre-referendum campaigning.
Some comments from our readers… “The articles are extremely timely and highly applicable” “I often find critical information not available elsewhere” “As in-house counsel, Mondaq’s service is of great value”
Register for Access and our Free Biweekly Alert for
This service is completely free. Access 250,000 archived articles from 100+ countries and get a personalised email twice a week covering developments (and yes, our lawyers like to think you’ve read our Disclaimer).