Issue #13 of the ACG Market Update presents a range of business topics, including:

• Our "Topic of the Day," where we remind you of the issues related to changes in tax legislation that were the subject of debate in the State Duma before the summer vacation;
• Clarification of the Moscow Tax Authorities on the method of paying taxes on wages of employees working in separate branches; 
• Specific points in the taxation of a non-resident founder of an OOO in the case of a charter capital increase;
• The requirement of the Russian Labor Code to complete a "work book" for each employee who has worked in the organization for more then five days in a place of principal employment (Article 66 of the Labor Code);
• Russian Federation 2005-2006 Budget Growth Forecast.

To view the full issue (PDF format) click on the link below:

ACG Market Update - Issue #13