Windfall tax for major companies to be introduced in Russia

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Daily Monitoring of the Legislation

Monitoring of the Federal Legislation dated 11.11.2002

Federal Law No. 136-FZ of November 9, 2002 on the Ratification of the Treaty between the Russian Federation and the Argentina Republic on Cooperation and Legal Assistance in Civil, Trade, Labour and Administrative Affairs

Ratifies the Treaty signed in Moscow on November 20, 2000.

Federal Law No. 135-FZ of November 9, 2002 on the Ratification of the Treaty on Friendship and Cooperation between the Russian Federation and Turkmenistan

Ratifies the Treaty signed in Ashgabat on April 23, 2002.

Direction of the Central Bank of Russia No. 1201-U of October 31, 2002 on the Amendments to the Regulation of the Bank of Russia No. 14-P of January 5, 1998 on the Rules of Organization of Cash Circulation on the Territory of the Russian Federation

Invalidates the provision requiring introduction of Form 0408025 cards to register resources handed out as earnings and payments of social nature (in cash and transfers) and deductions from earnings of enterprise employees.
The Direction is entered into force 10 days after the day of its official publication in the Herald of the Bank of Russia.

Direction of the Central Bank of Russia No. 1191-U of September 2, 2002 on the Invalidated Normative Acts of the Bank of Russia

Invalidates a number of normative acts of the Bank of Russia regulating accounting procedure for operations of granting and redemption of credits of the Bank of Russia secured with state securities. In particular, invalidates the Directions of the Bank of Russia No. 450-U of December 25, 1998 on the accounting work for operations of granting and redemption of credits of the Bank of Russia (intraday credits, overnight credits and lombard credits) in credit organizations and No. 451-U on accounting for operations of granting and redemption of lombard credits.
The Direction is entered into force from January 1, 2003.

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