On October, 20 2005 the Ministry of Taxation and Charges issued the regulation №112 "On introducing alterations to the Instruction on the activity of taxation bodies for the control of the procedure of stating incomes, property and sources of revenue by physical persons".

According to the changes introduced, if the information on the income sources, fixed in the contract, is altered before the latter is signed, the physical person is to present to the taxation body an adjusted statement.

An income statement is considered to be not presented if:

• any of the requisites is missing;
• the statement does not provide for the sources of income in the currency of the contract, save the case enlisted in the corresponding Instruction;
• the amount of the contract exceeds that given in the statement.

The instruction comes into force on January, 1 2006.