The government has approved a list of professions and specialties that are considered priorities for the modernization and technological development of the Russian economy (available from 03.11.11 № 1944-p). Authority will pay a special monthly stipends to 14 000 rubles to students of these professions at universities from 1 January 2012.

Pursuant to paragraph 1 of Article 284 of the Tax Code subjects of the Russian Federation may reduce the regional component of the income tax rate for certain categories of taxpayers (from 18% to 13.5%). Russian Federal Tax Service in a letter dated 13.10.11 № ED-4-3/16970 told how the company, one of the separate divisions which is in such region and falls under the privilege, must calculate the monthly advance payments for income tax.

During 9 months of 2011 Federal Tax Service of Russia managed to reduce the arrears of payments to the federal budget at 103.1 billion rubles, or 8.1%.

We remind you that on November 15 deadline for payment of income tax and insurance premiums, as well as reporting expires.
Corporate income tax:

Information on the income of individual persons for the past fiscal period are submitted by a tax agent to the tax authority in the form of 2-PIT with the number "1" in the field "Sign."
Message about the impossibility to keep the calculated amount of the tax - on the same form, but with the number "2" in the field "Sign".

Costs in the form of wages are taken into account in the base for income tax in the period of its accrual, Russia's Finance Ministry said in a letter dated 20.10.11 № 03-03-06/2/156.

Natural person before state registration as a private entrepreneur and the application of STS has acquired non-residential premises. Can the employer take into account the cost of this fixed asset in the cost on the single tax? The answer is in a letter of the Ministry of Finance from 07.10.11 № 03-11-11/254.

Large sums of salary payments of companies at dismissal will be subject to personal income tax at the rate of 13%. Amounts of severance pay in the part exceeding amount of three months' salary, and for the workers of the Far North - a six-month salary will be subject to taxation.
This provision of Article 217 of the Tax Code will become effective from January 1, 2012, follows from the federal law passed by the Duma in the third reading on November 1

Individual entrepreneurs are not be fined for failure to follow the procedure for conducting cash transactions, Russian Ministry of Finance said in a letter dated 29.09.11 № 03-01-15/6-115.
Responsibility for violation of the order of work with cash and order of conducting cash operations is provided by Article 15.1 of the Administrative Code.

The date of the registration of fixed assets is the date of approval by head of the organization the act of acceptance and transfer of fixed assets. Russian Federal Tax Service in a letter dated 19.09.11 № ZN-4-1/115241 reports that the corporate property tax is calculated from that date.

Bad debts are included in non-operating expenses. However, according to financiers, accounts receivable, which can be set off against the repayment of debt on colliding uniform requirements, are not reflected in the tax records.

Financial experts have warned taxpayers that non submission of an empty tax return on time entails a fine in accordance with Art 119 of the Tax Code of 1000 rubles.

Ministry of Economic Development approved the Administrative Regulations, which reveals the problems of state control of the land in relation to legal persons and individual entrepreneurs.

Health Ministry has prepared a bill that facilitates the financial burden on the employer. Amendments introduce in the Labor Code employer's right to free voluntary declaration of compliance of working conditions to state regulatory requirements of occupational safety.

The tax authority can write off overpaid taxes, penalties and interests, if from the moment of payment of these amounts three years has been passed, on the basis of the taxpayer's application. This was reported in a letter from the Ministry of Finance 27.09.11 № 03-02-07/1-349.

Health Ministry has prepared a bill that facilitates the financial burden on the employer. Amendments introduce in the Labor Code employer's right to free voluntary declaration of compliance of working conditions to state regulatory requirements of occupational safety.

Large sums of salary payments of companies at dismissal will be subject to personal income tax at the rate of 13%. Amounts of severance pay in the part exceeding amount of three months' salary, and for the workers of the Far North - a six-month salary will be subject to taxation.
This provision of Article 217 of the Tax Code will become effective from January 1, 2012, follows from the federal law passed by the Duma in the third reading on November 1.

Russia's Finance Ministry recommended purchasers of goods (works, services) not to register in a book purchases invoices marked "without VAT".

From September 2, 2010 article 119 of the Tax Code, which provides penalties for violation of the deadline for the submission of tax declarations, acts in the wording of Federal Law 27.07.10 № 229-FL.

Regardless of terms of appointment of a pension (due to reaching retirement age or above that age) pensioners are exempted from property tax of individuals. This was announced by Russia's Finance Ministry in a letter dated 29.09.11 № 03-05-06-01/69. Article 4 of the Act
RF from 09.12.91 № 2003-1 defines categories of citizens who do not pay property tax, particularly pensioners.