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 21.04.2003

Decision of the Government of the Russian Federation No. 225 of April 16, 2003 on Labour Books

From January 1, 2004, introduces new type labour books. Endorses the forms of the labour book and insert in it, as well as the rules of keeping and storing them, making blank labour books and providing employers with them.
The new form does not contain information on the assigned pension, with information on awards and incentives being united. Natural person employer may not enter records in employee labour books, as well as draw up labour books for employees hired for the first time.
The rules specify the procedure of entering changes in the labour book stipulated by the change of the name, date of birth and other.
The new requirement is the one of the employee signature confirming all records entered during his work in the given organisation, at his dismissal (termination of the labour contract). The blank form registration book and the labour book and insert flow book must be numbered, stitched, certified with the signature of the head of the organisation, as well as supplied with wax or lead seal.
The earlier type labour books available with employees preserve their force and are not exchanged for the new ones.
In contrast to the earlier available procedure, the amount of the payment collected by the employer from the employee for the labour book and insert in it is not defined in the fixed amount. It is determined by the amount of payment for their purchase.
The Ministry of Labour of the Russian Federation is ordered to provide explanations on the application of the rules.

Decision of the Government of the Russian Federation No. 219 of April 15, 2003 on the Invalidation of Some of the Acts of the Government of the Russian Federation on Privatisation

Pursuant to the adoption of the Federal Law on the privatisation of the state and municipal property, invalidates a number of the acts of the Government of the Russian Federation specifying the particulars of privatisation of printing houses, printing enterprises and book wholesale enterprises of the Russian Committee for Printing, enterprises of initial processing of agricultural products, maintenance and material supplies of the agroindustrial complex.

Decision of the Government of the Russian Federation No. 218 of April 15, 2003 on the Claims Raising Procedure for Obligations to the Russian Federation in Cases of Bankruptcy and Bankruptcy Procedures

Defines the procedure of submission of applications by the authorised body to recognise the debtor bankruptcy, submission of claims to collect obligatory payments and claims of the Russian Federation under monetary obligations, coordination of activities of the representatives of the federal bodies of executive power and state non-budgetary funds.
In case of a failure on the debtor part of the demands to transfer obligatory payments, the tax or customs bodies, no later than within 3 months from the date of sending of the decision to the bailiff on the collection of the tax (fee) at the expense of the debtor property, shall send to the Federal Service of Russia for Financial Rehabilitation or its territorial body the notification of the availability of the debt in obligatory payments.
If the amount of the debtor assets out of circulation is not greater than Rbl 5 billion, or if the debtor is a strategic organisation, the decision to submit application to recognise the debtor bankruptcy is taken by the Government of the Russian Federation. In other cases, by the Federal Service of Russia for Financial Rehabilitation or its territorial body.

Order of the Ministry of Taxation of the Russian Federation No. BG-3-29/169 of April 7, 2003 on the Amendments to the Order of the Ministry of Taxation of Russia No. BG-3-10/175 of June 1, 2001

The decision taking procedure for recognising as desperate for collection and writing off of the debt of the organisation liquidated according to the bankruptcy procedure, including the bankruptcy procedure for the absent debtor, now does not include the provision stating that a tax check must be arranged in a liquidated organisation with the debt not greater than 500 minimum amounts of labour remuneration.

Order of the Ministry of Taxation of the Russian Federation No. BG-3-22/164 of April 3, 2003 on Amendments 1 to the Methodology Recommendations on the Application of Chapter 26.3 "Taxation System in the Form of the Uniform Imputed Income Tax for Individual Types of Activities" of the Tax Code of the Russian Federation Endorsed by the Order of the Ministry of Taxation of Russia No. BG-3-22/07 of December 10, 2002

Refines the provisions of the methodology recommendations explaining the procedure of fixing the number of employees and transport vehicles in operation to be taken into account when calculating the uniform imputed income tax. Reflects the provisions of the Federal Law No. 190-FZ of December 31, 2002 on the obligatory social insurance allowances for citizens working in organisations and with independent entrepreneurs applying special tax regimes and for some other categories of citizens.

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