Windfall tax for major companies to be introduced in Russia

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Monitoring of the Federal Legislation dated 15.11.2002

Decision of the Government of the Russian Federation No. 819 of November 11, 2002 on the Amendments to the Decision of the Government of the Russian Federation No. 699 of October 1, 2001

Decision on the restructuring of the debt in insurance contributions to the state social non-budgetary funds, accrued penalties and fines available with institutions of public health, education, culture and social sphere financed from budgets of all levels as of January 1, 2001 is taken by the tax body at the place of their location against the application submitted before December 1, 2002.

Decision of the Government of the Russian Federation No. 818 of November 11, 2002 on the Amendments to Some of the Decisions of the Government of the Russian Federation in Issues of the Restructuring of the Payables of Legal Entities in Taxes and Fees, Insurance Contributions to the State Social Non-Budgetary Funds, As Well As the Debts in Penalties and Fines

Specifies that the right for the restructuring of the debt of a reorganized organization is preserved with the successor (successors) of the organization.
The right for the restructuring is preserved for the organization with the decision on the termination of the restructuring taken from January 1 through November 1, 2002 against its application submitted before December 31, 2002 and for the organization with the decision on the termination of the restructuring taken after November 1, 2002 against its application submitted no later than 90 days after such decision was taken under the condition of transfer of current tax payments, resources in redemption of the restructured payables and penalties accrued for the failure to transfer tax payments from the moment of occurred violations of the terms of the restructuring, as well as early fulfilment of the schedule of redemption of the restructured debt one quarter in advance.

Decision of the Government of the Russian Federation No. 817 of November 11, 2002 on the Endorsement of the Regulation on the Licensing of Activities in Production of Printed Matter Protected Against Forgery, Including Blank Securities, As Well As the Sale of the Mentioned Products

Defines the procedure of licensing of activities of legal entities and independent entrepreneurs in the making of printed matter protected against forgery, including blank securities, as well as the sale of the mentioned products on the territory of the Russian Federation. The licensing is vested in the Ministry of Finance of the Russian Federation. The license is granted for 5 years.
The earlier issued licenses for production of individual types of protected printed matter preserve their force until expiry, with the licenses for production of individual types of protected printed matter - within five years from the day of entering into force of the Decision.

Decision of the Government of the Russian Federation No. 815 of November 13, 2002 on the Entering of the Record of Termination of a Unitary Enterprise in the Joint State Register of Legal Entities

The Joint State Register of Legal Entities is used to enter the records of termination of unitary enterprises with the property complex sold according to privatisation procedure. The grounds for it is the decision on the state registration taken by the body in charge of the registration on the basis of the listed documents presented by the Ministry of the Russian Federation for Property Management, authorized body of the subject of the Russian Federation or authorized body of the municipal formation having taken the decision on the terms of privatisation.

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