The Ministry of Finance of Russia gives explanations on application of article 277 of the RF Tax Code to relations arisen before January 1, 2005
In the Letter N 03-03-05/16 of January 23, 2007 (document is in Russian), the Department of tax and customs-tariff policy of the Ministry of Finance of the Russian Federation explains, that if organization received property as deposit to authorized capital before January 1, 2005, than it has the right to take aforesaid
property into account on depreciated cost determined on data of tax accounting of assigning part.