A REVIEW OF TAXATION REGULATORY DOCUMENTS ADOPTED IN DECEMBER 2014 - JANUARY 2015

The following developments marked the period under review: the Gaidar Forum 2015 was held in Moscow on January 14–16, the World Economic Forum’s Annual Meeting was held in Davos (Switzerland) on January 21–23, 2015, as well as a draft document of anti -crisis measures aimed at tackling the impact of economic sanctions on the Russian economy was prepared by Russia’s government and submitted on January 21 to the President of Russia, having regard to a more than two-fold fall of crude oil prices (to $46 a barrel early in 2015 from $110 early in 2014) and the ruble’s depreciation against world currencies. The anti -crisis measures haven’t yet been embodied in a consistent manner in the fi scal legislation (although a few fi scal laws were adopted on a fast-track basis to cope with the adverse developments in the foreign exchange market), they are scheduled for consideration at the State Duma in February 2015.