Spspent power-Federal Law September 6, 2001 N 110-FZRUSSIAN FEDERATION FEDERAL LAW On introducing additions to Article 2 of the Russian Federation Law "About the profit tax on enterprises and organizations" Adopted by the State Duma on 15 July 1998 Approved by the Federation Council on 17 July 1998 Article 1. OF THE PRESIDENT OF THE RUSSIAN FEDERATION of the Russian Federation, 1992, No. 525; N 34, sect. 1976; 1993, 118; Legislative Assembly of the Russian Federation, 1994, No. 32, art. 3304; 1995, N 18, sect. 1592; N 26, st. 2402; 1996, N 1, article 4, 20; 1997, N 3, est. .357; N 26, est. 2953): 1. Article 2, paragraph 4, should be supplemented with the following paragraphs: " Profit (loss) on the sale of securities, futures and option contracts is defined as the difference between the price of the sale and the price of the acquisition, taking into account the payment of services by them Acquisition and implementation. On equities and bonds that refer to an organized market of securities, the market price of which is determined in accordance with Federal Law "About the securities market", the loss on their disposal (disposals) at a price not lower than the established threshold limit for fluctuations in the market price can be attributed to a reduction in the revenue from the disposal (disposals) of this category of securities. For stock exchange futures and option contracts entered into in order to reduce the risk of changing the market price of a transaction (the base asset) during the trading of these contracts, the proceeds from the sale of the futures contract, or The option contract or the calculation process increases, while losses decrease the taxable base for operations with the base asset. The acceptance of the transaction by a transaction in order to reduce the risk of a change in the price of the base asset is the registration of the transaction in accordance with the requirements and in accordance with the procedure established by the federal executive branch, The regulation of operations with futures and option contracts. Losses from the sale of futures and option contracts not to mitigate price risks can be attributed to the profit reduction only within the proceeds of the purchase and sale of the specified futures and option contracts. " 2. Paragraph 5, amend to read: " 5. For enterprises carrying out the sale of goods (works, services) at no higher than the actual cost of production, for tax purposes the market price of similar products (work, services) established at the time of sale is taken. When determining and recognizing the market price of products (works, services), official sources of information on market prices for products (work, services) and exchange quotes, information base of public authorities and the information base are used the local authorities and the information provided to the tax authorities by the taxpayers. When businesses exchange products (work, services) or transfer it, revenue for tax purposes is determined on the basis of the average price of the sale of such or similar products (works, services), The monthly rate in which the transaction was carried out, and in the absence of implementation of such or similar products (works, services) per month-based on the price of the last sale. If the company exchanges new products that have not been produced or exchanged, the actual market price for similar products is accepted for taxation purposes. ". C This Federal Law shall enter into force on the date of its official publication. " To invite the President of the Russian Federation and instruct the Government of the Russian Federation to bring its normative legal acts into conformity with this Federal Law. President of the Russian Federation B. Yeltsin Moscow, Kremlin July 31, 1998 N 141-FZ
