Day: 30 April 2015

It seems that chief of ministry of communication (mincom) works independently of his office. As reported RBC, mincom believes current Russian tax legislation is sufficient for taxation of foreign internet companies and in order to implement any new taxation mechanism first of all a definition of internet company must be given. There is even mincom’s review concernign to this issue. It was made 1st of March 2015 by order of Russian president’s assistant Igor Shchyogolev, who is author of idea to receive more taxes from these companies.

As reported RIA Novosti, Russian ministry of communication (Mincom) considers opportunity to impose more taxes on foreign companies providing their clients residing in Russia with its services. The chief of Mincom believes foreign internet companies should pay taxes at the place where the end customer resides. And it is not about Google and Apple. It should concern all foreign companies.

The current EU rules allow these institutions to carry out preservation, indexing and similar copying operations (through a “preservation exception”), to allow for consultation of materials on their premises for research or private study (based on a “consultation exception”), and, in the case of public libraries, to make physical loans (allowed by a “public lending exception”).