Press

Wage indexation may depend on a company’s financial performance
Legal Digest \ 21.05.2018

In view of the recent practice of audits by the State Labor Inspectorate and clarifications of the Ministry of Labor and Social Security of the Russian Federation, companies need to pay close attention to the setting, in their internal regulations, of a procedure for wage indexation.

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Companies will be able to record as expenses their employees’ tourist packages such companies pay for
Legal Digest \ 21.05.2018

A law has been enacted allowing companies that compensate their employees for vacations spent in Russia to deduct such expenses for profit tax purposes.

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New obligations of accounting firms as regards fighting money laundering and the financing of terrorism
Legal Digest \ 21.05.2018

The Russian Federal Service for Financial Monitoring (abbreviated in Russian as ‘Rosfinmonitoring’) has issued recommendations on how companies that offer book-keeping services should comply with the legislation on money laundering and the financing of terrorism.

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