22.09.05

Ladies and Gentlemen!

For this, our fifth anniversary, Alinga Consulting Group is launching another seminar on current topics which we think are very important – especially at the start of the winter business season.  We take pleasure to invite you to “The Tax Climate for Businesses in Russia: An overview of taxation in light of changes to the tax legislation as of January 1, 2006.”

This seminar aims to clarify what the various amendments to the Tax Legislation of the Russian Federation, that come into force after 1 Jan 2006, mean for you, the taxpayer. Among those presenting will be the specialists of Alinga Consulting, experts from Federal Tax Inspection №47, and The State Financial Academy of the Russian Federation. Find out about the very latest changes in VAT and Social Tax legislation as well as about the new economic zones in Russia, tax structure, and those procedural changes enacted concerning the Simplified System of Taxation.

The presenters will analyze some common mistakes made in paying taxes by presenting simple, concrete situations.

Seminar Program:

1.      9-00 -  9-30 – Registration

2.      9-30-10-00: VAT - The amendments that will come into force in 2006 and their consequences. Presenter: Y. Mazur, Head of the Accounting Department - Alinga Consulting Group.

3.      10-00-10-40: Free Economic Zones & Tax Planning. Presenters: A. Shishkin, Legal Consultant - Alinga Consulting Group; Y. Mazur, Head of the Accounting Department - Alinga Consulting Group.

4. 10-40-11-20: Overview of calculation and payments of excise tax, considering the new changes of Tax Legislation, that will come into force in 2006. Presenters: Elena Mikhailovna Zaitseva, Chief of the Department of desk audits - Federal Tax Inspection №47. Nihayev Dmitry, Auditor – Alinga Consulting Group

11-20-11-40 Coffee Break 

5. 11-40-12-20: Unified Social Tax: Overview of calculation and payment; Unified Social Tax under tax amnesty. Presenter: Natalia Sergeevna Gorbova, Lecturer - Financial Academy under the Government of Russian Federation

6. 12-20-12-50: The Simplified System of Taxation: Amendments to the legislation that will come into force after January 1^st 2006. Presenter: A. Spirikhin, Senior Accountant - Alinga Consulting Group.

7. 12-50-13-20: Profits tax: Major amendments to the legislation that will come into force after January 1^st 2006. Presenter M. Kirushina, Accountant - Alinga Consulting Group.

8. 13-20-13-45: Q & A Discussion with the specialists of the Federal Tax Inspection, the State Financial Academy of the Russian Federation, and the experts of Alinga Consulting Group.

Date and time: 29 September 2005, 9 am - 2 pm.

Place: Moscow, 47 Guilyarovskogo St., bld.5, conference-hall. Metro Prospekt Mira (on the circle line)

Cost: 1900 rubles (without VAT) per each participant. Payments may be made in cash or by bank transfer.

Should you have any questions about the seminar, or would like to register for participation, please contact Tatyana Chebotareva.  Note: This seminar will be conducted in Russian.  Tel. (095) 783-76-18, ext. 104. E-mail: t_chebotareva@acg.ru