Russia – change of the Tax Code as from 1 January 2013


The Russian Duma has adopted changes to the VAT Chapter of the Russian Tax Code. The amendments should come into force as from 1 January 2013.

This means that VAT exemptions will become significantly wider. Under the current legislation VAT exemptions are quite limited to the trade with securities and core banking and insurance services.Read More »

Russia – VAT treatment of bonuses


On 29 March 2012, the Resolution no. 11637/11 dated 7 February 2012 of the Presidium of the Supreme Arbitrazh Court of Russia was published on the Russian SAC’s website. The Company (Leroy Merlin Vostok LLC ) was granted bonuses by its suppliers of goods for having achieved target volumes, as well as for the placement of goods in stores. Read More »

Languages


I always wished that my parents would speak different mother tongues and I would grow up with them in a different country. At best someone with again a different language would have lived in our household. That way I could have learned several languages without accent along the way.

Unfortunately I grew up monolingual. 

When travelling one sees many things. During my holidays in Thailand I met Maria. Maria is 75 years old and lives in Australia. More than 50 years ago a young man, who had emigrated to Australia on his search for work, visited the Italian village where she was living. Read More »