Review changes in legislation

Information bulletin for II quarter 2018 (Russia)
Information bulletin
for II quarter 2018 (Russia)

Contents:

  • There was signed a law, enabling to account costs for employees leisure on the RF territory in the scope of profit expenses: p. 8
  • VAT: there was determined a list of primary goods: p. 11
  • Some positions of the Classification of Fixed Assets, included into depreciable groups, were specified in a new version: p. 16
  • Since 14 May control under currency transactions was tightened: p. 18
  • The FTS has approved a list of foreign states (territories) for the purposes of performing automated exchange by country reports: p. 21
  • There was adopted a law on improvement of new procedure for cash register equipment appliance: p. 22
  • Failure in the accounting program can be recognised as a “calculation error”: p. 39
  • There was changed the procedure of migration accounting of foreign citizens working on the RF territory: p. 40
  • New GOST on documents execution came into force since 1 July: p. 41
  • Important legal changes: p. 45

Information bulletin for II quarter 2018 (Ukraine)
Information bulletin
for II quarter 2018 (Ukraine)
31.07.2018
I. Accounting and taxation, p. 3

II. Payroll preparation, p. 4

III. Human resources management, p. 6

IV. Novelties of July 2018 and promising legislation, p. 7

Information bulletin for II quarter 2018 (Kazakhstan)
Information bulletin
for II quarter 2018 (Kazakhstan)
03.07.2018

Changes and Clarifications in Laws: p. 3-22

Including:


  • AMENDMENTS TO THE FOREIGN EXCHANGE REGULATIONS - 3
  • AMENDMENTS TO THE RULES OF SETTING OF THE OFFICIAL RATE OF THE NATIONAL CURRENCY OF THE RK - 4
  • AMENDMENTS TO THE PROPERTY TAX, LAND TAX AND VEHICLE TAX IN 2018 - 4
  • GROUNDS FOR RANDOM TAX INSPECTIONS - 6
  • TAXATION OF A CONTROLLED FOREIGN COMPANY (CFC) - 7
  • INTRODUCTION OF A THREE-TIER DOCUMENTATION ON TRANSFER PRICING - 7
  • NOTICE ON SUBSIDIARY RESPONSIBILITY FOR PREMEDIATED BANKRUPTCY - 8
  • CALCULATION OF TAXES IMPOSED ON COMPENSATION FOR UNUSED ANNUAL LEAVE IN 2018 - 9
  • REDUCTION OF THE BASE RATE TO 9% - 11
  • AMENDMENTS TO THE LABOR CODE AND THE EMPLOYMENT LAW - 12
  • AMENDMENT OF CERTAIN LEGISLATIVE INSTRUMENTS OF THE REPUBLIC OF KAZAKHSTAN - 13
  • THE NEW 2-T FORM (SALARY) WHICH IS TO BE SUBMITTED TO THE STATISTICS DEPARTMENT WAS INTRODUCED IN MAY 2018 - 14
  • MAJOR AMENDMENTS TO INTERNATIONAL TAX REGULATIONS - 15
  • FEE FOR THE PERMIT TO ENGAGE FOREIGN LABOR IN THE REPUBLIC OF KAZAKHSTAN - 16
  • MONITORING OF FOREIGN EXCHANGE OPERATIONS AND REDUCTION OF FOREIGN CURRENCY IN SETTLEMENTS ON THE TERRITORY OF THE REPUBLIC OF KAZAKHSTAN - 16
  • THE MINISTRY OF LABOR IS CONSIDERING THE ISSUE OF INCREASE OF THE MINIMUM SALARY - 17
  • REDUCTION OF TAXES FOR LOW-PAID EMPLOYEES IN KAZAKHSTAN FROM JANUARY 1, 2019 - 17
  • LABOR MIGRATION AND SOCIAL PROTECTION OF WORKERS OF THE EURASIAN ECONOMIC UNION - 18
  • THERE IS A PROVISION FOR IMPLEMENTATION OF A STANDARD AUDIT FILE FROM JANUARY 1, 2019- 19
  • THE PROCEDURE AND THE DEADLINES FOR NOTIFICATION OF TAXPAYERS OF CATEGORIZATION RESULTS - 20
  • COMMON DECLARING SHALL BE IMPLEMENTED FROM JANUARY 1, 2020 - 21


Information bulletin for I quarter 2018 (Kazakhstan)
Information bulletin
for I quarter 2018 (Kazakhstan)
03.05.2018

Changes and Clarifications in Laws: p. 3-16

Including:


  • NEW TAX REPORTING FORMS (WITH CORRESPONDING FILLING PROCEDURES) AND NEW TAX APPLICATION FORMS FOR 2018 HAVE BEEN APPROVED 3
  • INTRODUCTION OF NEW FINANCIAL REPORTING FORMS FOR PUBLIC INTEREST ENTITIES 4 FORMS OF RESIDENCE STATEMENTS AND STATEMENTS OF INCOME GAINED FROM RK SOURCES AND OF TAXES WITHHELD HAVE BEEN APPROVED 5 LEGAL ENTITY AND SELF-EMPLOYED ENTREPRENEUR LIQUIDATION PROCEDURES HAVE BEEN SIMPLIFIED 5 SOME ISSUES OF USE OF CASH REGISTERS 6
  • MENDMENT OF THE CODE OF ADMINISTRATIVE OFFENCES FROM JANUARY 9, 2018 REGARDING ELECTRONIC INVOICES AND ACCOUNTING LEGISLATION 6 NEW PROCEDURE FOR ISSUE OF ELECTRONIC INVOICES IN THE ELECTRONIC INVOICING SYSTEM (EIS) HAVE BEEN APPROVED 8
  • PROCEDURE OF PRESENTATION OF THE LEASE (USE) CONTRACT REGISTER FOR 2017 ACCORDING TO FORM 871.00 8 
  • AMENDMENT OF CLASSIFICATION OF BUDGET REVENUES FROM THE LAND TAX (BUDGETARY CLASSIFICATION CODES 104302 AND 104309) 9 
  • FROM 2018 SMALL BUSINESS ENTITIES MAY APPLY SPECIAL TAX TREATMENT WITH FIXED DEDUCTION 10 
  • TAXPAYERS MAY CHANGE TAX AND PAYMENTS DUE DATES 11 TAX PRIVILEGES AND OBLIGATIONS OF VENDORS ENGAGED IN INTERNET TRADE 11 CHANGES IN TAX INSPECTION PROCEDURES 12 
  • COMPULSORY LIQUIDATION OF LEGAL ENTITIES AND TERMINATION OF SELFEMPLOYED ENTREPRENEURS 12 
  • TAX ACCOUNTING PROCEDURES HAVE BEEN APPROVED FOR SELF-EMPLOYED ENTREPRENEURS NOT OBLIGED TO KEEP ACCOUNTING RECORDS 14 THE PROCEDURE FOR PREPARATION OF TRAVEL DOCUMENTS HAS BEEN AMENDED 15 
  • CHAPTER 13 VEHICLE TAX OF THE TAX CODE OF THE REPUBLIC OF KAZAKHSTAN HAS BEEN AMENDED 15 
  • CHAPTER 14 LAND TAX OF THE TAX CODE OF THE REPUBLIC OF KAZAKHSTAN HAS BEEN AMENDED AS COMPARED TO THE PREVIOUS YEAR 16


Information Bulletin for I quarter 2018 (Ukraine)
Information Bulletin
for I quarter 2018 (Ukraine)
20.06.2018
You may find the following information in the bulletin:
  • Accounting and taxation: p. 3-7;
  • Payroll processing: p. 8;
  • HR record management: p. 9;
  • Novations of April 2018 and prospective legislation: p.10-12.

Information bulletin for I quarter 2018 (Russia)
Information bulletin
for I quarter 2018 (Russia)
03.05.2018

Changes and Clarifications in Laws: p. 8-73

Including:

  • The Finance Ministry reminds when it is possible to correct errors in the profit tax in the current period, p. 8
  • Tax free: it is known how to keep a book of purchases and a sales book, p. 12
  • The Federal Tax Service of Russia reminds of the changes in 2018 in accordance with the taxation of movable property of organizations registered as a fixed asset since January 1, 2013, p. 15
  • Nuances of application of the tax privileges on property of organizations, p. 19
  • Notification of CFC is necessary irrespective of the size of the profit received from it, p. 26
  • 6-NDFL filling, p. 39
  • Rosstat clarified some questions on the submission of statistic reports, p. 46
  • Important legal changes, p. 50

Reference information: p. 73
Information on Quality Hotline: p. 74

Information bulletin for IV quarter 2017 (Russia)
Information bulletin
or IV quarter 2017 (Russia)
05.02.2018

Changes and Clarifications in Laws: p. 7-67

Including:

  • Rules for the calculation of the doubtful debt will become severe in 2018: p.8
  • Since 1 January 2018 it will be possible to refuse from 0% VAT rate on export and associated services: p.12
  • Since 1 December 2017 there entered into force the new procedure for tax authorities work with unclear payments. 14
  • Since 2018 separate VAT accounting is obligatory, even if the rule of 5% is applied: p. 16
  • There was postponed the date of entry into force of the Instruction of the Bank of Russia of August 16, 2017 N 181-I: p. 17
  • Since 1 January 2018 the law on tax free became effective in Russia: p. 20
  • Basic changes on PIT in 2018: p. 23
  • INSURANCE CONTRIBUTIONS ON TRAUMATISM: p. 37
  • HR Records Management: p. 42
  • Important legal changes: p. 50

Reference information: p. 68
Information on Quality Hotline: p. 72

Information bulletin for III quarter 2017
Information bulletin
for III quarter 2017
26.10.2017

Changes and Clarifications in Laws: p. 7-70

Including:

  • There appeared provisions in the Tax Code of the RF within which compliance tax benefit is reasonable: p.7
  • Changes in the Purchase Ledger, Sales Ledger and VAT-invoices since 1 October 2017: p. 9
  • Companies were reminded how to apply profit tax to property received by a participant within liquidation: p. 16
  • There’re introduced on the RF territory three new documents on IFRS: p. 20
  • It became easier since 22 July to submit to the bank the data on currency transactions on low-cost contracts: p. 23
  • Since 1 December 2017 there’s introduced new procedure for tax bodies work with unidentified payments: p. 35
  • The FTS has informed on the most common breaches of tax laws: p. 37
  • HR Records Management: p. 49
  • Important legal changes: p. 57

Reference information: p. 71
Information on Quality Hotline: p. 72

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