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 29.11.2002

Federal Law No. 160-FZ of November 27, 2002 on the Ratification of the Agreement on the Creation of the Black Sea Naval Group of Operative Interaction

Ratifies the Agreement signed in Istanbul on April 2, 2001.

Federal Law No. 158-FZ of November 27, 2002 on the Amendments to the Federal Law on the Veterans

The category of veterans of combat operations now includes employees of the criminal execution system of the Ministry of Justice of the Russian Federation sent by the bodies of state power of the Russian Federation and having taken part in combat operations while executing service duties in the Russian Federation or other states.
The list of the periods of combat operations involving the citizens of the Russian Federation includes:
- execution of tasks during the armed conflict in the Chechen Republic and adjacent territories of the Russian Federation qualified as the zone of the armed conflict: from December 1994 through December 1966;
- execution of tasks in the course of anti-terrorist operations on the territory of the North-Caucasian region: from August 1999.
The Federal Law is entered into force from January 1, 2004.

Federal Law No. 157-FZ of November 27, 2002 on the Amendments to the Federal Law on the Free Aid (Assistance) of the Russian Federation and Amendments to Individual Legislative Acts of the Russian Federation on Taxes and on Exemptions from Payments to the State Non-Budgetary Funds Pertaining to Free Aid (Assistance) of the Russian Federation

The list of persons that may grant humanitarian aid (assistance) includes foreign natural persons. Resources and commodities provided by these persons and works and services financed by them may not be qualified as technical aid (assistance).
The Federal Law introduces the opportunity to confirm the inclusion in the free aid (assistance) of intended for financing from the budgets of all levels of state and municipal organizations of special purpose ambulance automobiles, as well as mobile diagnostic laboratories outfitted with special medical equipment obtained by medical institutions for own needs; automobiles intended for carrying 10 persons and more imported for children's homes and nursery homes; cars outfitted with lifting devices for invalid carriages imported for invalid rehabilitation centres.
If there is a confirmation of the inclusion of the mentioned commodities in the humanitarian aid donated free to the Russian side, they are imported without collection of taxes and customs payments.
The Federal Law is entered into force from the day of its official publication.

Federal Law No. 156-FZ of November 27, 2002 on Employer Associations

Defines the legal status of associations of employers, procedure of their creation, operation, reorganization and liquidation. The Law applies to all associations of employers operating on the territory of the Russian Federation.
Defines the notion of the "association of employers" used in the framework of participation of employers and their associations in the process of regulation of the social and labour relations. Thus, an association of employers is a form of a non-commercial organization based on the membership of employers (legal entities and/or natural persons). Associations of employers may be created using the territorial (regional, inter-regional), industry-sector, inter-industry, territorial and industry-sector criteria.
The Law specifies the main rights and duties of associations of employers in their relations with employees, trade-unions and associations of trade-unions including participation of the bodies of state power and the bodies of local government.
The Federal Law is entered into force from the day of its official publication.

Federal Law No. 154-FZ of November 27, 2002 on the Amendment to the Federal Law on the Federal Budget for the Year 2002

Institutes the accounting period of 2002 in the year of 2003, five working days in duration intended to terminate operations of 2002 to allocate the incomes between the levels of the budget system of the Russian Federation and their transfer to the appropriate budgets (federal budget, budgets of the subjects of the Russian Federation, local budgets and the budgets of the state non-budgetary funds).
The Federal Law is entered into force from the day of its official publication.

Regulation of the Central Bank of Russia No. 199-P of October 9, 2002 on the Procedure of Keeping of Cash Operations in Credit Organizations on the Territory of the Russian Federation

Institutes the new procedure of carrying out of bank operations pertaining to organization of cash work, cash collection, transportation and storage of cash and other values for credit organizations and their branches operating on the territory of the Russian Federation.
The Regulation covers the issues pertaining to organization of work with cash when electronic cashiers are used, as well as to cash transfer through automatic safes.
The Regulation is entered into force 10 days after the day of official publication in the Herald of the Bank of Russia.
Registered in the Ministry of Justice of the Russian Federation on November 25, 2002. Reg. No. 3948.

Decision of the State Standards Committee of the Russian Federation No. 92 of September 23, 2002 on the Endorsement of the System of Certification of the Forestry Products

The system has been created to organize and carry out works in obligatory certification and to ensure the necessary level of objectivity and authenticity of the results of certification of the forestry products. The Decision defines the structure of the system and functions of its participants, as well as the rules of certification.
Registered in the Ministry of Justice of the Russian Federation on November 22, 2002. Reg. No. 3940.

Decision of the State Standards Committee of the Russian Federation No. 94 of September 23, 2002 on the Endorsement of the System of Certification of Oil Products

The system has been created to organize and carry out works in obligatory certification and to ensure the necessary level of objectivity and authenticity of the results of certification of oil products. The Decision defines the structure of the system and the functions of its participants, as well as the rules of carrying out of the certification.
Registered in the Ministry of Justice of the Russian Federation on November 22, 2002. Reg. No. 3939.

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