The amendment regarding the limitation on attributing to CIT deductions expenses from related parties became effective retrospectively from January 1, 2023
Subparagraph 23 of Article 264 of the Tax Code has been amended to clarify that this limitation applies only to those persons who are registered in states with preferential taxation.
Read more
Adjustments regarding work permit and invitation quotas for "visa" foreign nationals in 2024
As of 20.02.2024, adjustments are made to the quota for the issuance of work permits and invitations for "visa" foreign nationals in 2024.
Read more
Taxation of income of foreign organizations and reporting for individual entrepreneurs via the Taxpayer's personal account
Amendments to the Tax Code of the Russian Federation concerning the taxation of income of foreign organizations not related to entrepreneurial activity came into force on January 1, 2024
Read more
The government has indexed the amount of benefits, social payments and compensations from February 1, 2024
From February 1, 2024, a number of benefits and support measures provided by the Social Fund of Russia will be indexed by 7.4% - in accordance with the inflation rate for the previous year, as determined by Rosstat.
Read more
The Ministry of Labor approved a new methodology for conducting special assessment and a report form
The methodology for carrying out special assessment had to be updated in connection with amendments to the law on special assessment of working conditions. What is new: a number of documents on the conduct of special assessment have been updated.
Read more
Rostrud: the amount of advance payment is not set at the discretion of the employer
Rostrud clarified whether an employer has the right to set the amount of an advance payment at its discretion, for example 50% of the amount of the salary.
Read more
From 2024, it is possible to receive more personal income tax deductions in a simplified procedure, and the amount of social deductions has also been increased
Currently, a simplified tax deduction is available:
- on homeownership expenses;
- mortgage interest expense;
- in the amount of funds deposited in an individual investment account (IIA).
Calculation of compensation for unpaid wages from January 30, 2024
Article 236 of the Labor Code of the Russian Federation has been amended. Interest for delayed wages (and similar amounts) will be payable if:
Read more
Konsu conducted a LEAN masterclass
MBA-Lean trainees completed 4 days of full-time training in St. Petersburg. Konsu acted as a partner and provided its office in St. Petersburg.
Read more
Mitigation of liability for foreign citizens for administrative violations
Since 05.01.2024, changes have been introduced to the Administrative Offenses Code of the Russian Federation regarding the responsibility of foreign citizens by Federal Law of 25.12.2023 No. 649-FZ. Additionally, amendments have been made regarding the duration of the detention of foreigners in special institutions during the administrative expulsion procedure from the Russian Federation.Read more