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FBK Legal > News
”Status of “forbidden city” will not help solving the problem of terroristic acts”, Alexander Sotov commented. He reminded that all capitals of the world — Paris, New York, London, Madrid faced the problem of terrorism. “Different matter is that issue of technical re-equipment and modernization of law-enforcement authorities needs to be solved”, the expert concluded.
On March 29, 2010 FBK-Legal concluded a contract with CJSC VTB-24, under which FBK-Legal lawyers will provide tax advice to the bank.
According to Head of FBK-Legal Corporate Practice, Alexander Ermolenko, before improving legislation, application of existing regulatory documents has to be intensified. “If law enforcement authorities do not catch anyone, why should the legislation be improved?”
“In our legislation works pendulum effect: legislative trends in terms of entrepreneurs are of back-and-forth nature. At first, complete freedom from 1990 to 2000, then major crackdown started”, says Head of FBK Legal Financial Investigation Practice, Alexander Sotov. According to him, from 2000 up to 2007-2008 law enforcement agencies were almost in the state of brutal war.
Gazeta reports that Rosinfomonitoring is fighting for the right to know details of real estate transactions This will happen if draft legislation introduced in the Lower Chamber of State Duma by the Head of Financial Market Committee, Vladislav Reznik, is approved. As Alexander Ermolenko, Head of FBK Legal Corporate Practice noted in his interview to the newspaper, information from the Unified State Register of Titles to Immovable Property is still no secret.
On March 16, 2010 FBK-Legal signed a contract with OAO TAIF, according to which lawyers of FBK-Legal will provide tax and legal advice to the company.
“One can not say that higher arbitration court in tax litigations usually occupies “pro-budget” position or position in favor of business. One can see lack of pre-programmed preference of one or another disputing party, if we turn to legal databases”, noted in his interview to Profil magazine Head of Tax Litigation Practice, Alexey Yakovlev.
“Mentality of majority of representatives of Russian business is such that they prefer fighting to negotiating”, stated in his interview to Gazeta.ru Head of FBK-Legal Corporate Practice. However, according to him, the part of business integrated in western society, conducts business under international reporting standards, employs qualified auditors and starts understanding that it is cheaper to reach and agreement rather than to confront.
In opinion of FBK Tax and Legal Partner, Nadezhda Orlova, the main problem is tax administration. “We can perfect legislation, legal technique, incite certain fields and types of business. However as long as tax authorities see potential fraudsters in all taxpayers, all initiatives will fail”, the expert is sure.
In comments for publication Accounting. Tax. Law FBK-Legal Senior Legal Advisor, Natalya Resnyanskaya noted that if mobile network operator refuses to return money it can be recovered from recipient. “Recipient must return money notwithstanding his/her financial standing”, the expert notes.