Russian Law: A Review of 2007

Russian Law: Theory and Practice, No. 1, pp. 71-82, 2008

Posted: 19 Jun 2009

Date Written: 2008

Abstract

This paper reviews the latest legal developments in Russia (from the end of 2006 to the beginning of 2008). Some of the events discussed are unconditionally important; some simply appear interesting for the author. By far the most important development was the intellectual property law reform. Further, the period was reach for tax developments, of which the most important was the Supreme Arbitrazh Court ruling on abusive tax schemes. Tax amnesty and the new participation exemption are also discussed. Of some general importance and much theoretical interest are the effective contingency fee prohibition and the derivative contract "rehabilitation." A reader might be interested to know the new Russian legal approach to gambling. Very important was the lifting of the remaining currency control restrictions. The Rakhmankov "phallic" case is not a binding precedent but it is, in a sense, very educative as to what’s actually up in Russia. A potentially important case of the European Court of Human Rights, Biryukov v. Russia, will also be considered.

Keywords: Russia, law, 2007

Suggested Citation

Budylin, Sergey, Russian Law: A Review of 2007 (2008). Russian Law: Theory and Practice, No. 1, pp. 71-82, 2008. Available at SSRN: https://ssrn.com/abstract=1421737

Sergey Budylin (Contact Author)

Roche and Duffay ( email )

Petrovka 15/13
Second Floor
Moscow
Russia

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