On Introducing Changes And Additions Into The Law Of The Russian Federation "about Tax On Profit Of Enterprises And Organizations"

Original Language Title: О внесении изменений и дополнений в Закон Российской Федерации "О налоге на прибыль предприятий и организаций"

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Spspent power-Federal Law September 6, 2001 N 110-FZ RUSSIAN FEDERATION FEDERAL LAW On Amendments and Additions to the Russian Federation's Income Tax of Enterprises and Organizations Adopted by the State Duma on 11 November 1994 Approved by the Federation Council on 17 November 1994 Article 1. Russian Federation Law "On taxation on profits of enterprises and organizations" (Bulletin of Congress of People's Assembly of People's Deputies of the Russian Federation) of the Russian Federation and the Supreme Soviet of the Russian Federation, 1992, 525; N 34, sect. 1976; 1993, N 4, st. 118) the following changes and additions: 1. In article 2: paragraph 5 should read: " 5. For enterprises implementing products (works, services) at no higher than the actual cost price, for tax purposes the market price of similar products (work, services), at the time of implementation, but is not lower than the actual cost price. In the case where the enterprise could not implement the products at prices above the cost by reducing its quality or consumer properties (including morale) or if prices for this or similar products are lower than the actual cost price of this product, for tax purposes apply the actual sales price of products. If the business within 30 days prior to sales of the product prices that do not exceed its actual cost, implemented (implemended) similar products at prices above its actual value cost, all transactions for tax purposes apply prices calculated from the highest sales prices for these products. When the enterprises exchange products (works, services) or to transfer it free of charge for purposes taxation is determined based on the average selling price such or the same product (works, services) calculated for the month in which the transaction was performed, and in the case of no implementation of such or similar products (work, services) per month-based on the price of the transaction the last implementation, but not below the actual cost price. If an enterprise exchanges back products that has not previously been produced, or exchanges the products that have been purchased, the actual market price is accepted for tax purposes. similar products, but not less than its actual cost price. "; paragraph 6, add the following paragraphs: " Not taken into account in the taxation of the cost of objects socio-cultural and of the domestic purpose of the privatized enterprises, of the executive authorities of the constituent entities of the Russian Federation and of the local self-government bodies of the Russian Federation, as well as of the housing and utility facilities of the destination, roads, electrical networks and substations, of gas networks, water abstractions and other similar objects, donated to the public authorities (or their solution to the specialized enterprises that carry out using or operating specified objects by appointment) and local governments, as well as donated entities, institutions and organizations , state and local governments, unions, associations, by the concern, cross-sectoral, regional and other associations, which include enterprises, fixed assets, intangibles, other property, and cash for capital investments in Development of their own own production and of a non-production base. Not included in the taxable base also: cost of equipment donated by nuclear power plants to enhance their safety; value of fixed assets, and { { see also } { \cs6\f1\cf6\lang1024 } Capital { \cs6\f1\cf6\lang1024 } { \cs6\f1\cf6\lang1024 } Capital { \cs6\f1\cf6\lang1024 } { \cs6\f1\cf6\lang1024 } { \b } } { \cs6\f1\cf6\lang1024 } activities by single railways, enterprises and organizations from other railways, enterprises and organizations (handed over by the Ministry of Railways of the Russian Federation, the Ministry of Railways and the Railway Offices); cost of various { \cs6\f1\cf6\lang1024 } { \cs6\f1\cf6\lang1024 } { \cs6\f1\cf6\lang1024 } { \cs6\f1\cf6\lang1024 } { \cs6\f1\cf6\lang1024 } Communications { \cs6\f1\cf6\lang1024 } { \cs6\f1\cf6\lang1024 } { \cs6\f1\cf6\lang1024 } { \cs6\f1\cf6\lang1024 } { \cs6\f1\cf6\lang1024 } Phone { \cs6\f1\cf6\lang1024 } television and radio broadcasting, satellite communications and { \cs6\f1\cf6\lang1024 } { \cs6\f1\cf6\lang1024 } { \cs6\f1\cf6\lang1024 } { \cs6\f1\cf6\lang1024 } { \cs6\f1\cf6\lang1024 } { \cs6\f1\cf6\lang1024 } { \cs6\f1\cf6\lang1024 } { \cs6\f1\cf6\lang1024 } { \cs6\f1\cf6\lang1024 } State and State enterprises of the Ministry of Communications of the Russian Federation; value of donated mining equipment (property, plant and equipment) manufacturing targets) from other mines (cut) as in the composition of the union (joint-stock company) and in the basin and the coal industry system of the industry. "; paragraph 8, add the following paragraph: " For tax purposes, gross profit decreases on { \cs6\f1\cf6\lang1024 } Exchange { \cs6\f1\cf6\lang1024 } { \cs6\f1\cf6\lang1024 } { \b } of { \cs6\f1\cf6\lang1024 } { \b } { \cs6\f1\cf6\lang1024 } { \cs6\f1\cf6\lang1024 } { \cs6\f1\cf6\lang1024 } { \b } { \cs6\f1\cf6\lang1024 } Federation of Foreign Currencies in effect for the day Foreign currency receipts in the currency account of the enterprise (or on the date of the last report) and the rate of the ruble against the quoted Central Bank of the Russian Federation for Foreign Currencies on day Definition by the enterprise of taxable profit amount with purpose of calculations with budget. ". 2. In article 7: paragraph 1 of paragraph 1, paragraph 1, set out the following : "(a) to finance capital investment " Article 2. This Federal Law comes into force from the moment of its official publication. In relation to the entry into force of this Federal Law: 1. To invite the President of the Russian Federation to bring the edicts adopted on taxation matters into line with this Federal Law. 2. To instruct the Government of the Russian Federation to bring in the conformity of this Federal Law with the normative legal instruments adopted on tax matters. President of the Russian Federation Yeltsin Moscow, Kremlin 3 December 1994 N 54-FZ