Sergey Tarasevich told Novy Prospect about the importance of being present at the workplace at the time of inspections
Despite Russia's moratorium on inspections, regulatory authorities continue to carry out control measures. These include inspections of premises, interviews with employees and document requests. At the same time, unlike a full-fledged field inspection, regulatory authorities are not required to notify the inspected entity of their visit, which, in…
09.04.2024
Sergey Tarasevich told Cbonds Weekly News what an investor should take into account when exchanging blocked assets
Investicionnaya Palata Broker announced the strategy of accepting bids for the redemption of frozen assets and published the prices from which the auction will begin. As previously announced, the prices are taken from foreign exchanges at the end of trading on Friday, 22 March 2024. It is assumed that foreign investors will buy these assets from…
28.03.2024
Sergey Tarasevich has commented to RBC on the presidential decree on the payment of funds from C-type accounts
On 19 March 2024, Russian President Vladimir Putin signed a decree allowing payments on securities of Russian issuers from C-type accounts to Russians and foreign companies controlled by them that are not recognised as persons from "unfriendly" countries, despite their actual registration in such countries. As of the end of March 2023 (the latest…
20.03.2024
Maxima Legal and Nextons have represented the sellers in the deal for Yandex's acquisition of eLama technology platform
By the middle of this year, Yandex plans to close a deal to buy eLama technology platform that allows to run advertising campaigns in 19 internet systems, including Yandex, VK and Telegram. Maxima Legal and Nextons are acting as legal advisors on the sellers' side. At the current stage, the firms supported the negotiations and ensured the…
16.02.2024
Sergei Tarasevich discussed with Cbonds Weekly News the changes in taxation of income in the form of material benefit
In 2024, the privilege of exemption from personal income tax on material benefit will no longer apply to investors who purchased a security at a discount of more than 20% from the market price. It is assumed that tax will start to be deducted from the material benefit from the purchase of securities bought this year. However, personal income tax…
20.01.2024
Sergey Tarasevich has commented to Dairy News on the potential consequences of the Perm dairy plant losing the dispute with the Federal Tax Service
The Seventeenth Court of Appeal did not satisfy the appeal of Yugoslavskiy Kombinat Molochnikh Productov (Yugovskaya Kombinat Dairy Products) LLC against the decision of the first instance, which recognised the actions of the Federal Tax Service in imposing additional charges of RUB 110 mn on the company as lawful. In the opinion…
29.09.2023
Sergey Tarasevich has told EJ-Jurist Magazine about the special procedure for transactions with LLC shares between residents and persons from unfriendly countries
On September 8, the Decree of the President of the Russian Federation No 618 dated 08.09.2022 "On Special Procedure for Execution of Certain Transactions (Operations) between Certain Persons" entered into force, significantly extending the list of "anti-sanction" measures. Sergey Tarasevich, Associate of Tax & Administrative Law practice at…
15.09.2022
Sergey Tarasevich has explained to EJ-Jurist Magazine the Bank of Russia's position on certain securities and real estate transactions with residents from unfriendly countries
Specially EJ-Jurist Magazine, Sergey Tarasevich, Associate of Tax & Administrative Law practice at Maxima Legal, has analyzed the letter of the Bank of Russia dated 30.08.2022 № 010 31 4/8237. The document confirms the absence of the need to obtain permission for some transactions with securities and real estate with residents of unfriendly…
08.09.2022
Maxima Legal lawyers have commented for DP on the formation of a shadow market in Telegram for the purchase and sale of currency
In accordance with a regulation of The Central Bank of the Russian Federation, there is a ban on the sale of foreign currency in cash to citizens by bank branches in Russia from 9 March to 9 September 2022. In addition, $10,000 is limited to the amount of money that can be withdrawn from a foreign currency account. Against this…
18.03.2022
Maxima Legal lawyers have analysed for Forbes the abolition of special tax regimes for jewellery business
On 9 March 2022, the President of the Russian Federation signed a law abolishing special tax regimes for jewellery business. Starting from January 1, 2023, all companies involved in the manufacturing of jewellery, including niche brands, workshops and retail outlets, will be required to switch to the common system of taxation. According to the…
15.03.2022