Following is part 2 of a series of posts we will be publishing over the coming days and weeks on current European Union sanctions against the Russian Federation. Before continuing, be sure to catch up on our previous post regarding sanctions against the Russian Federation: See also Post 1: EU SANCTIONS AGAINST THE RUSSIAN FEDERATION – AN OVERVIEW Post 2: An Overview of ...
Following is part 1 of a series of posts we will be publishing over the coming days and weeks on current European Union sanctions against the Russian Federation. An Overview Since March 2014 following Russia’s occupation of Crimea and parts or Donetsk and Luhansk oblasts (administrative districts) of Ukraine, the European Union has imposed a number of restrictive measures against the Russian ...
The Double Taxation Treaty between Austria and the Russian Federation as amended on 20 June 2019 (DTT 2019) is currently in force. Last Wednesday, 25 March 2020, Russian President Vladimir Putin published measures to protect the economy due to the coronavirus 2019 (COVID-19) and instructed the government of the Russian Federation to implement them. Among other things, existing double taxation treaties ...
Derzeit gilt das Doppelbesteuerungsabkommen zwischen Österreich und der Russischen Föderation idFv 20. Juni 2019 (DBA 2019). Am vergangenen Mittwoch, dem 25. März 2020, hat der Präsident der Russischen Föderation, Vladimir V. Putin, Maßnahmen zum Schutz der Wirtschaft aufgrund des Coronavirus 2019 (COVID-19) veröffentlicht und die Regierung der Russischen Föderation angewiesen, diese umzusetzen. Unter anderem sollen bestehende Doppelbesteuerungsabkommen geändert oder allenfalls gekündigt werden. Es ist ...
The ruling of Chamber for Commercial Disputes of the Supreme Court of the Russian Federation dated August 16, 2016 overturned a ruling of the lower courts (state arbitrazh courts) that had dismissed the claim of the public joint-stock company National Bank ”TRUST“ in a case brought against the Cyprus company Phosint Limited. The case concerned the validity of an arbitration ...
On 1 September 2015 the Federal Law No. 242-FZ of July 21, 2014 “On amendments to certain legislative acts of the Russian Federation to clarify the procedure for personal data processing in information and telecommunication networks” (the “Law”) came into force. The Law obliges operators to store collected personal data of Russian citizens within the territory of the Russian Federation. The ...
EU sanctions against Russia The Council of European Union regulation on new sanctions against Russia entered into force on 1 August 2014. Sanctions will be valid for a year with the possibility of revision after three months since the moment of entering into force. "Actions by natural or legal persons, entities or bodies shall not give rise to liability of any ...
On 1 July 2014, the Russian Civil Code introduced new pledge regulations. The changes greatly affect not only the relationship between pledgors and pledgees, but shall also have a considerable impact on the banking and finance sector. In this review we provide the most important developments of the new pledge regulations. The concept of the pledge (art. 334) In addition to pledgee’s ...
Specht Böhm is supporting "Russia Coast to Coast" as a Partner and legal counsel. The event will begin July 23, 2014 and features Austrian Race Across America winner, Wolfgang Fasching, as he attempts to set a world record biking Coast to Coast across Russia from Vladivostok via Yekaterinburg and Moscow to St. Petersburg a total distance of over 10,000 ...
On 5 February 2014, Russian lawmakers proposed amendments concerning the registration of limited liability companies (“LLC”). The amendments will eliminate the requirement to pay at least half of the registered capital upon registration and shorten the deadline for full payment of registered capital from one year to two months from registration. The changes strive to reduce the start-up time for new ...