Amendments to the Federal Law on the Currency Regulation and Currency Control
Amendments to the Article 12 of the Federal Law on the Currency Regulation and Currency Control were introduced by the Federal Law No. 242-FZ. Under the amendments, it is provided that diplomatic representations, consular institutions of the Russian Federation and other official representations of Russia abroad, as well as permanent representations of Russia in interstate and intergovernmental organizations are exempted from the duty to submit to the tax bodies reports of the flow of resources on the accounts (deposits) in the banks outside the Russian Federation.