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The refinancing rate has been reduced


The refinancing rate has been reduced
2009-08-10 08:00

NEWS OF THE FEDERAL LEGISLATION

The refinancing rate has been reduced

By the Direction of the Bank of Russia N 2270-U of August 7, 2009 (document is in Russian), the refinancing rate of the Bank of Russia has been reduced from 11, 0 down to 10,75 percent per annum.

The amendments are made to the tax declaration on indirect taxes (the value-added tax and excises) at importation to the RF territory from the territory of the Republic of Belarus and the Procedure for completion thereof
2009-08-10 08:00

NEWS OF THE FEDERAL LEGISLATION

The amendments are made to the tax declaration on indirect taxes (the value-added tax and excises) at importation to the RF territory from the territory of the Republic of Belarus and the Procedure for completion thereof

On the grounds of clause 7 of article 80 of part first of the RF Tax Code (document is in Russian), the Order of the Ministry of Finance of Russia N 83n of July 31, 2009 (document is in Russian) has made the amendments to the Order of the Ministry of Finance of Russia N 153n " On approval of the form of a tax declaration for indirect taxes (value-added tax and excise duties) in the case of importation of goods into the territory of the Russian Federation from the territory of the Republic of Belarus and the Procedure for completion thereof" of November 27, 2006 (document is in Russian), by which a number of certain provisions concerning to the procedure for completion of this declaration has been specified, as well as operation codes have been supplemented.

The document has been submitted to the state registration in the RF Ministry of Justice.

The PF Plenum of the Supreme Court of Arbitration has made the decision about current payments on monetary obligation in bankruptcy cases
2009-08-10 08:00

NEWS OF THE LEGAL PRACTICE

The PF Plenum of the Supreme Court of Arbitration has made the decision about current payments on monetary obligation in bankruptcy cases

In accordance with questions arisen in court practice about application of provisions of the Federal Act N 127-FZ "On insolvency (bankruptcy)" of October 26, 2002 (document is in Russian) concerning current payments on monetary obligations, the Plenum of the Supreme Court of Arbitration of the Russian Federation has made the decision N 63 of July 23, 2009 (document is in Russian).

The Plenum of the Supreme Court of Arbitration of the Russian Federation has specified the as current payment there shall be classified only that obligation which considers use of money as way of payment, way of a monetary debt redemption. For example the requirement about payment of interests for use of loan (credit) funds, which follows from monetary obligations arisen after receipt of an application about consideration of a debtor as bankrupt, are current payments.


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