Russian Law: A Review of 2007
Russian Law: Theory and Practice, No. 1, pp. 71-82, 2008
Posted: 19 Jun 2009
Date Written: 2008
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
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