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THE ACTUAL BENEFICIARY OF THE BUSINESS CAN RESPOND WITH LOSSES TO THE CONTROLLED PERSON IN HIS PERSONAL BANKRUPTCY

The creditor applied to the court for inclusion of the claim in the debtor's register (case no. A60-49300/21). The courts of two instances refused to satisfy the application, citing the fact that there was a lease relationship between the debtor and the creditor, but the fact that the debtor caused losses to the creditor has not been proven. The cassation sent the dispute for a new consideration, pointing out that as one of the reasons for refusing to satisfy the stated claims for recognizing the...

SMALL AND MEDIUM BUSINESSES IN GERMANY ON THE VERGE OF BANKRUPTCY DUE TO FUEL PRICES

... the work of companies in Germany. However, the problem does not only concern gas stations and the transport sector. According to local experts, existing taxes on electricity and the protracted reform of the public transport fare system could lead to bankruptcy of significant number of entrepreneurs. According to the NEOPresse media, gasoline prices have already exceeded € 2 per liter at gas stations in Germany. The cost of gas also doubled. This raises concerns among businessmen who fear corporate bankruptcies. The media quotes the words of Markus Jerger, head of the Federal Association of Medium Businesses (Bundesverband mittelständische Wirtschaft, BVMW). In his opinion, fuel prices have become an existential ...

The son of a major businessman drives a winery in Novosibirsk region to bankruptcy

... himself is the son of Nikolai Dremin, a well-known businessman in the city of Berdsk (a suburb of Novosibirsk). In 2015, the businessman got on the media agenda due to searches that took place in connection with a criminal case. The issue of fraud in ... ... Household Services (CHS) and Larisa Terepa (wife of Alexander Terepa, ex-mayor of Berdsk from 1997 to 2010) until 2017. CHS filed a bankruptcy lawsuit against Andrei Dremin at the end of 2019, pointing to a debt of 16.275 million. However, the case (No. A45-43764 ...

A BUSINESSMAN FROM THE KRASNOYARSK TERRITORY BOUGHT OUT A SIBERIAN METALWORK PLANT

... founded by four Russian legal entities, including Moscow-based OJSC Globalelectroservice, which owned 51% of the authorized capital. The remaining shares belonged to companies from Novosibirsk, Rostov and Chelyabinsk. However, despite attempts to avoid bankruptcy, the company was unable to repay its debts, which led to its liquidation. Sole proprietor Alexander Skazka, who is acquiring the plant, is the owner of a microenterprise that produces plastering works. Despite the fact that his business is not directly related to the production of metal structures, the deal opens up new opportunities for him, as he now becomes the owner of a significant manufacturing asset. The transaction price was set at 282.6 million rubles, which was the ...

THE BUSINESS PROPOSED TO MITIGATE THE EFFECTS OF TAX CHANGES

The Opora Russia business association has proposed to introduce an annual indexation of the income threshold, at which taxpayers of the simplified taxation system (USN) begin to calculate and pay VAT. The relevant initiative was included in the list of proposals to the ...

THE MINISTRY OF JUSTICE EXPANDS THE PREFERENTIAL PROCEDURE FOR PAYING FINES BY BUSINESSES

... check that does not relate to state or municipal control, it is impossible to pay an administrative fine on a preferential basis. The fine can be reduced if a violation is detected at the state control. Such provisions of the law violate the right of business to benefits. To eliminate this contradiction, the Ministry of Justice proposed to determine that a 50% discount is applied upon the commission of a violation, and not its detection during control (supervisory) activities, as is currently the ...

BUSINESS WARNED THE FEDERAL TAX SERVICE ABOUT PROBLEMS WITH TAX AMNESTY

... It is expected that the Government of the Russian Federation and legislators will make appropriate amendments to the Tax Code of the Russian Federation by the end of July this year. According to the president, the law should not allow cases in which business is not interested in development. Andrey Shubin, Executive Director of Opora Russia, drafted an appeal to Dmitry Satin, Deputy head of the Federal Tax Service. The contents of the letter are commented on by RBC. In it, the author points out ...

GERMAN BUSINESS SHOWS RECORDS IN THE NUMBER OF BANKRUPTCIES

...,622 cases of insolvency were officially recorded, which is 27.6% higher than in January 2023. German statistics have been recording such dynamics, showing a double-digit increase in the number of bankruptcies, since the middle of last year. In fact, business has only now returned to the level typical for April 2019 – March 2020, preceding the outbreak of the pandemic. Experts believe that the actual number of bankruptcy cases may reach 20 thousand. The main reasons are the rise in energy prices, an increase in the interest rate on loans and the consequences of the pandemic, which significantly weakened European business. The benefits that the federal authorities ...

THE BUSINESS PROPOSED LABELING ALL PARALLEL IMPORTS

... parallel imports in providing the domestic market with foreign goods without Russian analogues, Izvestia writes. Currently, 40 categories of goods are supplied through parallel imports, among which most of the products are clothing and shoes. According to business estimates, this approach reduces the price of goods from 7 to 50% on average. The issue of increasing the volume of imports of counterfeit goods under the guise of original products is most acute in parallel imports, the Federal Antimonopoly ...

THE MINISTRY OF ENERGY PROPOSED TO GIVE BENEFITS TO BUSINESSES IN THE REGIONS BORDERING UKRAINE

... Ministry of Energy were approved, writes RBC. In accordance with the document, the territories to which the Free Economic Zone (FEZ) regime will apply will be determined by the government. Obviously, the amendments are intended to make it easier to do business in regions currently under fire from Ukraine. According to Alexander Shirov, director of the Institute of National Economic Forecasting of the Russian Academy of Sciences, in order to restore these areas, it will be necessary not only to make ...

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