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5
November
2014

Making VAT deductions when purchasing by electricity grid companies to compensate for losses

On 31 October 2014, the official website of the Russian Federal Tax Service published a letter from the Ministry of Finance of Russia dated 29.09.2014 No. 03-07-15/48602 on the legality of the application of deductions of value added tax in connection with the acquisition (compensation) by network organizations for electric energy losses occurring in grid facilities during transportation. (This legal update is available only in Russian)

Yuriy Ivanov, Head of Tax practice
8
July
2014

Ministry of Energy raises the bar for network companies

Pursuant to the Presidential Decree No. 1567 dated 22 November 2012, a strategy was worked out for the development of the electric grid complex of the Russian Federation (hereinafter – the Development Strategy), which places restrictions on the activities of unqualified territorial grid organizations (hereinafter – TGO) through consolidation and the introduction of criteria for the recognition of a legal entity as a grid organization. (This legal update is available only in Russian)

Alexander Sitnikov, Managing partner
19
February
2014

Collection of inter-tariff differences

On 06.12.2013, in order to ensure the principle of uniformity of judicial practice in the arbitration courts, the RF Supreme Arbitration Court in Plenum Resolution No. 87 dated 06.12.2013 “On some issues of dispute resolution relating to recovery of losses of resource-supplying organizations caused by a difference in inter-tariffs” provided explanations regarding the consideration of disputes, between resource-supplying organizations, caused by the tariffs set by the regulator in the amount lower than is economically justified. (This legal update is available only in Russian)

Alexander Sitnikov, Managing partner

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