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 22.03.2004

Decision of the Government of the Russian Federation No. 147 of March 18, 2004 on the Amendments to the Customs Tariff of the Russian Federation Pertaining to Certain Types of Mounting Devices, Fixtures, Fittings, Hinges and Furniture Wheels

Reduces two times the rates of the import customs duties for certain types of mounting devices, fixtures, fittings, hinges and furniture wheels (from 20% to 10% of the customs cost).

The Decision is entered into force one month after the day of its official publication for 9 months.

Decision of the Government of the Russian Federation No. 146 of March 18, 2004 on the Rates of the Import Customs Duties for Cans Used for Drink Packing

From March 5, 2004, applies on the permanent basis the rates of the import customs duties to cans used for drink packing (code according to the Foreign-Trade Commodity Nomenclature 7310 21 190 1 - EUR 30 per 1,000 pcs., 7310 21 190 9 - 15% of the customs cost).

Decision of the Government of the Russian Federation No. 145 of March 18, 2004 on the Amendment to the Decision of the Government of the Russian Federation No. 2 of January 4, 2000

Increases the limiting number of transport vehicles of the Ministry of Defence of Russia permitting installation of the special signals in the absence of the special colour graphics designs on the outer surfaces of these vehicles.

Information of the Bank of Russia of March 19, 2004 on the Changing of the Normative of Obligatory Reserves

From April 1, obligatory reserves for attracted resources of legal entities and natural persons in the foreign currency, as well as the legal entities in roubles, are reduced from 10% to 9%. The normative for the deposits of natural persons in roubles did not change - 7%.

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