Merger Control in Russia: New Trends and Developments
International Antitrust Bulletin by ABA Section of Antitrust Law publishes an artcile by Anna Numerova and Elena Kazak.
Private Equity: 2nd edition – Russia
Mikhail Kazantsev, Arkady Krasnikhin, Michael Copeland, Roman Malovitsky and Mark Rovinskiy authored the Russia chapter of Private Equity Jurisdictional comparisons: Second Edition 2014.
Legal alert: Taxation of the Controlled Foreign Companies (CFC): Revised Draft Bill Submitted to State Duma
On October 22, 2014 a draft law on the taxation of the Controlled Foreign Companies was submitted to the State Duma of the Russian Federation. The Duma’s specialized committees should provide their comments on the draft before November 2, 2014.
Allocation of court costs in commercial litigation under Russian law
An article by Dmitry Tugushi and Roman Krylov is published in International Litigation News, Newsletter of the International Bar Association Legal Practice Division.
Pharmacy and Pharmaceuticals Market Regulation News
EPAM publish an update on Pharmacy and Pharmaceuticals Market Regulation News.
Legal alert: Taxation of Controlled Foreign Companies: Updated Draft Law
On September 2, 2014 the Russian Ministry of Finance posted the third revision of the draft law on taxation of controlled foreign companies - CFCs (hereinafter the “Draft Law”) on its site.
Legal alert: The prerequisite for a foreign court ruling to be reсognized and executed in Russia
The Firm lawyers analyse the prerequisite for a foreign court ruling to be recognized and executed in Russia.
Legal alert: Personal data processing in information telecommunication networks
The President of the Russian Federation signed federal law on the new amendments concerning the processing of personal data in Russia on July 22, 2014. Under Article 4 of this Federal Law the amendments shall come into force on September 1, 2016.
Tax Analysts publishes commentary by Mark Rovinskiy on a draft law that would allow the taxation of CFCs controlled by Russian tax residents
Russia is considering a tax amnesty for Russian-owned offshore companies as part of a wider effort to encourage the repatriation of capital and discourage the use of offshore companies for tax avoidance, a government spokeswoman told Tax Analysts.
The Lawyer reports on EPAM promotions
EPAM has made a number of promotions in its Moscow office. Real estate and construction lawyer Elena Gavrilina has been made partner, litigators Alexander Vaneev and Vera Rikhterman have become counsel and competition lawyer Elena Kazak is promoted to senior associate.
RBTH publishes commentary by Mark Rovinskiy on Russia's deoffshorization program
The Finance Ministry is pushing ahead with its program to entice Russian-owned offshore firms to repatriate capital. A new law will impose penalties on such companies for tax evasion, but offers the carrot of a 2-year amnesty for those firms which decide to relocate to Russia.
PaRR publishes commentary by Natalia Korosteleva
Russia’s competition authority Federal Antimonopoly Service (FAS) is likely to face more legal challenges over its warnings to dominant companies on anticompetitive practices after the country’s Supreme Arbitration Court (VAS) ruling allowing Gazprom’s subsidiary to dispute a warning against it at arbitration courts, two Moscow based lawyers said.
Developments in the Russian Legislation on Securitisation and Project Finance
Newsletter of the International Bar Association Legal Practice Division publishes an article of Oleg Ushakov and Alexander Filchukov.
Legal alert: Recent Amendments to the Russian Civil Code: the New Regulation of Legal Entities
On May 7, 2014 high-importance amendments were introduced to the Russian Civil Code with regard to legal entities (the Law). The amendments will take effect on September 1, 2014.
The Moscow Times publishes commentary by Mark Rovinsky on amendments to the Tax Code
The Finance Ministry is finalizing plans to levy a property tax on individual homeowners and ratchet up the cost by pegging the tax rate to cadastral property values.