The amendments are made to the Customs Code of the Russian Federation
The Federal Act N 88-FZ of June 6, 2007 (document is in
Russian) makes amendments to
article 177 of the Customs Code of the Russian Federation
, and according to them, the Decree of the Government of the
Russian Federation is entrusted with the right to establish
procedure for re-production of goods at the customs territory
and to increase periods for it. Now, there is established in
the legislation that limiting period of such re-production of
goods shall not be more than two years.
On application of the privilege on the tax on property of organizations in accordance with clause 4 of article 374 of the Tax Code of the Russian Federation
In accordance
with
the Letter of the Ministry of Finance of Russia N 03-05-05-01/27
of May 24, 2007 (document is in Russian), coast-protecting
dams are objects of taxation by means of the tax on profit of
organization, because they could not be referred to natural
resources as they are anthropogenic objects, not natural (natural-
anthropogenic) objects.
So, there if explained that green
plantations may be referred to natural (natural- anthropogenic)
objects, because they are objects of human creation, have properties
of natural object and perform recreational functions, and so
privilege on the tax on property of organizations may be applied
to them in accordance with
clause 4 of article 374 of the Tax Code of the Russian Federation
(document is in Russian).
