Description
The restructuring of Russia’s legal and regulatory frameworks in the past decade have created new conditions for investment and business ventures, offering both new opportunities and challenges to the prospective investor. Russia Tax, Law and Business Briefing: 2007 provides guidance on tax and legal issues investors should consider when evaluating a possible company acquisition, starting a business, or entering into a joint venture or strategic alliance in Russia.
Russia Tax, Law and Business Briefing: 2007 brings you current analysis of Russia’s overall economy. The expert insight inside the pages will help you ...
Learn how to weather a Russian audit and resolve tax disputes.
Find out if your organization is eligible for VAT savings based on a new ... and unpublicized ... government practice
Reduce the potential for labor disputes when you understand the country's new labor code
Take advantage of cost savings resulting from Russia's most recent foreign economic regulation changes
Just some of the important topics in this unique resource include:
A Briefing on the Russian Tax System including Corporate Profits, Thin Capitalization Rules, Tax Treaties and VAT
A Guide to Russian Tax Disputes
Latest Developments in Transfer Pricing
Guidance Given to Tax Authorities Concerning the Oil Industry
Issues Concerning Application of VAT to Foreign Royalty Payments
Russian Supreme Court Clarifies Numerous Provisions of New Labor Code
Changes on the Status of Foreign Nationals in the Russian Federation
Commercial Dispute Resolution in Russia
IP Protection of Software and Databases
Registration Procedure for Franchise Contracts
Regulations for Russia's Currency Law
Legislative Initiatives in the Oil and Gas Sector
True Sale Securitizations in the Russian Federation
Amendments to the Securities Market Law
Central Bank Rules on the Settlement Procedure for Purchase and Sale of Goods Abroad
TABLE-OF-CONTENTS
OVERVIEW
- Russia Defines Interest in Foreign Investment
Sergei Chernyshov (Russian Petroleum Investor)....page 9
TAXATION
- Taxation: Background Briefing
Baker & McKenzie (Moscow)...page 19
- Important Tax Legislation: Fall 2006 Developments
(Salans)...page 35
- VAT Offset on Fixed Assets Acquired for Leasing Purposes
Alexander Ponyrko (Ernst & Young)...page 39
- Tax on Income Received During Business Trips Abroad.
Peter Reinhardt and Alexandra Litvinenko (Ernst & Young)... page 43
- Recent Trends in Transfer Pricing
Maxim Maximov and Alina Gaynanshina (Ernst & Young)...page 45
- Reducing Risks Arising from Imported Goods Purchased on the Domestic Market.
Galina Dontsova, Roman Parfenovand, Irina Istomina (Ernst & Young)...page 48
- Recognition of Sales Where the Transfer of Title is Deferred
Maureen O’Donoghue and Maria Antishina (Ernst & Young (CIS) B.V.)....page 51
- A Beginner’s Guide to Russian Tax Disputes
Maureen O’Donoghue (Ernst & Young)...page 53
- Taxes–A Russian Paradox
Sergei Chernyshov (Russian Petroleum Investor)...page 57
- The Win of the “Substance over Form” Concept: Progenies of the Yukos Case
Boris Brouk (Deloitte)...page 65
- Tax Evasion: New Guidance to Tax Authorities
Maureen O’Donoghue (Ernst & Young)...page 69
- Changes to Criminal Code in Relation to Tax Crimes
Danuta Khan (Ernst & Young)...page 73
- Change of Heart Regarding VAT on Foreign Royalty Payments
Tatyana Dermeneva (Ernst & Young)...page 79
LABOR LAW
- Russian Supreme Court Clarifies Numerous Provisions of New Labor Code
Konstantin Konstantinov (Chadbourne & Parke)... page 85
- RF Constitutional Court Declares Practice of Share Consolidation and Redemption Constitutional
Anna Kelina and Konstantin Konstantinov (Chadbourne & Parke)... page 121
- Registration Procedure for Franchise Contracts
Alexey Kuzmin (KPMG)... page 125
BANKING AND FINANCE
- New Regulations for Russia’s Currency Law
Eric Michailov (White & Case)...page 131
- Increasing Bank Capital through Subordinated Debt
Vladimir Dragunov, Victor Donov, and Roy Pearce (Baker & McKenzie)...page 139
- Russian Depositary Receipts: An Idea Whose Time Has (Almost) Come
Mark M. Banovich, Yulia Cherkassova, and Olga Ponomarkenko (LeBoeuf Lamb, Greene & MacRae LLP)... page 142
ENERGY AND MINING
- Russia Launches Natural Gas Exchange
Vladimir Baidashin (Russian Petroleum Investor)... page 149
- An Interview with Vagit Alekperov: LUKOIL Sets Sights on an International Top Three Status
Vladimir Baidashin (Russian Petroleum Investor)... page 159
- Northern Taiga Unites Gazprom and Chevron
Vladimir Baidashin (Russian Petroleum Investor)... page 167
- Legislative Initiatives in the Oil and Gas Sector
Inna Gaiduk (Russian Petroleum Investor)... page 173
- 2006 In Review: The Russian State Takes Control
Inna Gaiduk (Russian Petroleum Investor)... page 189
- License Transfer Amendments Provide Possible New Solutions to Longstanding Problems with Subsoil Law
Inna Gaiduk (Russian Petroleum Investor)... page 203
- Making an Infrastructure Effective
Vladimir Baidashin (Russian Petroleum Investor)... page 207
- Far Eastern Intrigues
Sergei Glazkov (Russian Petroleum Investor)... page 217
LEGAL & REGULATORY
- Overview of Changes to the Legislation on the Status of Foreign Nationals in the Russian Federation
Evgeny Reyzman and Maria Gekko (Baker & McKenzie, Moscow)... page 93
- Commercial Dispute Resolution in Russia
Mikhail A. Rozenberg (Chadbourne & Parke, Moscow)... page 99
- Intellectual Property Protection for Software Programs and Databases; International Treaties,
Dual Use Technologies and Other Concerns.
Sarah Carey (Squire, Sanders & Dempsey)... page 105
- Supreme Court on the Application of Copyright Law
Baker & McKenzie... page 115
- Eastward Expansion Kicks Off
Andrei Shlyapnikov, Sergei Glazkov, Inna Gaiduk (Russian Petroleum Investor)... page 225
- Rosneft Moves Slowly on Chinese Agreements
Vladimir Baidashin (Russian Petroleum Investor)... page 233
SECURITIES AND FINANCIAL MARKETS
- Questions and Answers about True-Sale Securitizations in the Russian Federation
Tobias Mueller-Deku and Anastasia Borodina (Freshfields, Bruckhaus, Deringer)...page 247
- Legal Analysis of Amendments to Law on the Securities Market
Max Gutbrod, Sergei Avramov, Maxim Kalinin & Igor Gorchakov (Baker & McKenzie)...page 257
- Russian Issuers Face New Listing and Disclosure Rules
Mark Banovich, Vasilisa Strizh, and Anastasia Gaydarzhinskaya (LeBoeuf, Lamb, Green & MacRae)...page 263
TRADE
- Purchase and Sale of Goods Abroad without Importation into Russia: Settlement Procedure
Mikhail Klementiev (KPMG)....page 271
- Regulations on Procedure for Adopting Preliminary Decisions on Country of Origin of Goods
Evgenia Belash, Sergei Schelkalin, Irina Suvorova & Alevtina Borisova (KPMG)....page 273
Katherine Dimancescu
WorldTrade Executive
WorldTrade Executive Inc. (WTE) provides business, legal, and financial executives the advice they need to operate successfully in international markets. Leading executives from around the world rely on WTE’s newsletters, special reports and consulting expertise to stay on top of tax, regulatory and economic developments affecting their firms and industries. The success of these publications has enabled WTE to build an unsurpassed network of in-country advisors with the contacts and know-how to track down specific company and industry data. WTE’s editorial contributors are top international lawyers, accountants, and company managers.. Articles are tailored for a sophisticated audience of international lawyers, accountants, and business managers, and provide practical solutions to the real problems faced by corporate decision-makers. WTE brings you the strategies that your competitors and colleagues use to succeed in international transactions.
