New rules on issue
of accompanying notes
New rules on issue and circulation of accompanying notes in respect of goods were published on 31 December 2019. These rules are effective from 1 January 2020 except for certain provisions which come into effect on 1 April 2020.
Amendments and additions
to the Tax Code of
the Republic of Uzbekistan
In the light of the adoption of the Law “On introduction of amendments and additions to the Tax Code of the Republic of Uzbekistan” No. ZRU-599 dated 30 December, 2019, a new edition of the Tax Code was adopted.
Kazakhstan has ratified
the Convention on avoidance
of double taxation with Cyprus
On 30 December 2019 the Republic of Kazakhstan has ratified the Convention on avoidance of double taxation with Cyprus and the Protocol thereto (hereinafter – the ‘Convention’).
The Supreme court of the
Russian Federation did not
cancel the Statute of limitations
on tax crimes
In June this year, the plenum of the Supreme court of the Russian Federation discussed the draft resolution on tax crimes. It was proposed to count the statute of limitations from the moment of full payment of taxes. Therefore, as long as there is a tax debt, the crime does not end and the statute of limitations does not begin. The existence of this provision de facto abolishes the statute of limitations for such crimes.
On The Practice Of Application
By The Courts Of The Legislation
On Responsibility For Tax Crimes
The Resolution includes issues of the effect of acts of legislation on taxes and fees over time, the subject composition of tax crimes, the procedure for calculating large or especially large amounts of tax evasion, fees, insurance premiums, duties and responsibilities of tax agents, which evidence confirms the presence or absence of evidence of elements of tax crimes, etc.
Review of Precedents in
Appealing against Decisions
of Customs Authorities
Disputes between importers and customs authorities are complex cases. The implementation of electronic declaring and a risk management control system, as well as a change in the approach of customs control led to an increase in customs audits of participants of foreign economic activity, and, consequently, to an increase in the number of customs disputes.
Organizational Confidentiality
in Mongolia
Legal environment of Mongolia on Organizational confidentiality: Where the legal confidentiality environment is well established in a fairly competitive marketplace, business organizations are crucial in helping to build their own strengths, characteristics and colors.
There is a right, but how to use it?
About how a gap in tax law can
stand in the way of shipowners
Everyone knows the rights and freedoms declared by the Constitution of the Russian Federation , including the rule that “everyone has the right to own property, to possess, use and dispose of it both individually and jointly with other persons” (Clause 2, Article 35).
Changes on VAT for E-services
The Government of the Republic of Kazakhstan (‘Kazakhstan’) is considering the draft law on the introduction of amendments to the tax laws.
Legal alert: Law of Mongolia on
Corporate income tax
The Parliament of Mongolia adopted tax reform package including the General Tax Law, Law on Corporate income tax, Law on Value added tax and Law on Personal income tax which shall take effect on 1 January 2020.
Legal Alert: Tax laws reform of
Mongolia
The Government of Mongolia submitted a tax reform to the Parliament in 2018 including revisions to the General Taxation Law (GTL), the Corporate Income Tax (CIT) Law, the Value Added Tax (VAT) Law and Personal Income Tax (PIT) Laws. During the irregular session held on 22 March 2019, the Parliament passed the package of the revised tax laws which will be effective from 01 January, 2020.
Amendments to the Tax Code of
Azerbaijan
Significant changes have been made to the Tax Code of the Republic of Azerbaijan by adopting Law “on Amendments to the Tax Code” dated 30 November 2018, effective as of January 1st, 2019 (“Amendment Law”).