Amending The Rsfsr Law On The Tax On Securities Transactions "
Original Language Title: О внесении изменений в Закон РСФСР "О налоге на операции с ценными бумагами"
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Overtaken by Federal Law dated 02.11.2004 N 127-FZ (from 1 January 2005) RUSSIAN FEDERATION FEDERAL LAW On Amendments to the Law of the RSFSR "On the Tax on the Securities Operations" Adopted by the State Duma on 21 July 1995 Approved by the Federation Council on 3 October 1995 Article 1. Amend the law of the RSFSR "On taxation on transactions with securities" (Statements of Congress of People's Deputies of the Russian Federation and the Supreme Soviet of the Russian Federation) of the Russian Federation, 1992, 523), in the following wording: "Law of the Russian Federation O Tax on transactions with securities" Article 1. Payors of the tax Payors for securities transactions are legal entities-issuers of securities. Article 2. Taxation The subject of taxation under this Law is the nominal value of the issuing of securities announced by the issuer. The subject of taxation is not: nominal value of the issuance of securities of the joint stock companies; nominal value of issue of securities Societies that increase the authorized capital by revaluation of major funds made by the decision of the Government of the Russian Federation. Article 3. Tax rates The security tax is charged at 0.8 percent of the nominal value of the issue. In the event of a denial of registration of the issue, the tax is not returned. Article 4. The calculation of the tax amount Calculates the amount of the tax on its own, based on the nominal amount of the issue and the corresponding tax rate.
The tax on securities transactions carried out in foreign currency is calculated in rubles at the rate set by the Central Bank of the Russian Federation and valid at the date of the emission registration. Article 5. The order and date of payment of the tax The amount of the tax is paid by the payer at the same time as the issuance of the documents for the registration of the issue and is transferred to the federal budget. Article 6. The liability of tax payers The payors are responsible for the correctness of the calculation and the timeliness of payment of the tax in the cases and in the manner prescribed by the laws of the Russian Federation. Control over the completeness and timeliness of the payment of taxes is carried out by tax authorities. ". Article 2. Invite the President of the Russian Federation and instruct the Government of the Russian Federation to bring its regulatory legal framework into law. Acts under this Federal Act. Article 3. This law shall enter into force on the date of its official publication. President of the Russian Federation Yeltsin Moscow, Kremlin 18 October 1995 N 158-FZ
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