Windfall tax for major companies to be introduced in Russia

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Monitoring of the Federal Legislation dated 30.11.2007

Federal Law No. 239-FZ of October 30, 2007 on the Amendment to Article 217 of Part 2 of the Tax Code of the Russian Federation

Extends the list of awards exempted from the incomes tax from natural persons.
      The Federal Law is entered into force from January 1, 2008, however, no sooner than one month after the day of its official publication.

Federal Law No. 238-FZ of October 30, 2007 on the State Corporation for Construction of Olympic Objects and Development of the City of Sochi As a Mountain Resort

The main function of the Corporation is organisation of construction of sports objects, objects of transport, engineering infrastructure, as well as communication infrastructure, power supply objects, objects of the tourist industry and public health objects, nature conservation objects, security objects. Operation of Olympic objects is also vested in the Corporation.
      The Federal Law is entered into force from the day of its official publication.

Federal Law No. 237-FZ of October 30, 2007 on the Ratification of the European Convention on the Transfer of Proceedings in Criminal Matters of May 15, 1972

The ratified Convention regulates the procedure of submission and execution of requests for criminal proceedings and creates a legal and contractual basis for cooperation of the Russian Federation with the European states in issues of transfer of criminal cases for processing pertaining to persons on the territory of the other state.

Federal Law No. 236-FZ of October 30, 2007 on the Ratification of the Treaty between the Russian Federation and Mongolia on the Legal Aid and Legal Relations in Civil and Criminal Cases and the Protocol to the Treaty between the Russian Federation and Mongolia on the Legal Aid and Legal Relations in Civil and Criminal Cases of April 20, 1999

The goal of the Treaty is improvement of the legal basis of the Russian-Mongolian cooperation in the sphere of legal aid and legal relations in civil and criminal cases.

Decision of the Government of the Russian Federation No. 723 of October 30, 2007 on the Seasonal Duties for Individual Types of Vegetables Imported to the Territory of the Russian Federation

Introduces the rate of the seasonal duty for cabbage, carrots, beet imported to the territory of the Russian Federation in the amount of 5% of the customs cost until July 1, 2008.
      The Decision is entered into force from January 15, 2008.

Decision of the Government of the Russian Federation No. 714 of October 27, 2007 on the Amendments to the Customs Tariff of the Russian Federation Introducing an Interim Rate of the Import Customs Duty for Individual Types of Vegetable Oil

Introduces for 6 months reduced rates of import customs duties for all types of soy, rape seed and mustard oils and fractions thereof, as well as the raw edible sunflower oil.
      The Decision is entered into force one month after the day of its official publication.

Decision of the Government of the Russian Federation No. 706 of October 27, 2007 on the State Committee of the Russian Federation for the Youth Issues

Creates the State Committee of the Russian Federation for the Youth Issues.

Letter of the Central Bank of Russia No. 170-T of October 30, 2007 on the Particulars of Acceptance for Bank Services of Non-Resident Legal Entities Not Being Russian Taxpayers

The Central Bank of the Russian Federation has revealed in the course of enforcement activities that accounts of a number of clients of credit organisations are actively used for operations of intricate or unusual nature that do not have a clear economic reason or a clear legal goal. In many cases, such operations involve non-resident legal entities having obtained in the tax bodies the code of a foreign organisation who are not being Russian taxpayers, do not have INN and do not submit appropriate reports, making it difficult to check information necessary for the identification of the non-resident legal entities not being Russian taxpayers.

Decision of the Government of the Russian Federation No. 722 of October 30, 2007 on the Amendment to the Main Provisions of Generation and State Regulation of Prices for Gas and Tariff Rates for the Services of Its Transportation on the Territory of the Russian Federation

Specifies the procedure of state control in issues of determination (fixing) and application of prices (tariff rates) by gas transportation organisations.

Decision of the Government of the Russian Federation No. 721 of October 30, 2007 on the Amendments to Some of the Acts of the Government of the Russian Federation Pertaining to Individual Types of Products of the Forestry Complex of High Degree of Processing

Introduces the zero rates of import customs duties for individual types of products of the forestry complex of high degree of processing exported from the territory of the Russian Federation outside the member-states of the Customs Union agreements.
      The Decision is entered into force from January 1, 2008.

Order of the Ministry of Agriculture of the Russian Federation No. 548 of October 17, 2007 on the Limiting Levels of Maximum Prices for Food Grains for the Purposes of State Commodity Interventions in 2007

Specifies the limiting level of maximum prices for food grains permitting to carry out the state commodity interventions in 2007.
      Registered in the Ministry of Justice of the Russian Federation on October 30, 2007. Reg. No. 10406.

Order of the Federal Treasury of the Russian Federation No. 5n of September 26, 2007 on the Procedure of Registration and Storage of Documents of Execution of Judicial Acts Envisaging the Debiting of Resources of the Budgets of the Budget System of the Russian Federation Arising from Monetary Obligations of Recipients of Budget Resources

Registration and storage of writs of execution and court orders is provided in the Logbook of Registration of Writs of Execution in the electronic form.
      Registered in the Ministry of Justice of the Russian Federation on October 25, 2007. Reg. No. 10401.

Federal Law No. 255-FZ of November 4, 2007 on the Amendments to Chapter 21 of Part 2 of the Tax Code of the Russian Federation in View of the Refining of the Procedure of Application of the Zero Percent Tax Rate by Taxpayers Engaged in Activities of Production and Servicing of Outer Space Equipment

Refines the grounds and procedure of application of the zero percent VAT rate by taxpayers engaged in activities of production and servicing of outer space equipment.
      The Federal Law is entered into force one month after the day of its official publication, however, no sooner than the 1st of the subsequent tax period for the value added tax.

Federal Law No. 252-FZ of November 4, 2007 on the Amendment to Article 234 of the Criminal Code of the Russian Federation

The amendments refine the authority of the Government of the Russian Federation when endorsing the lists of potent and poisonous substances, as well as defining the amount of the potent substances.
      The Federal Law is entered into force thirty days after the day of its official publication.

Federal Law No. 251-FZ of November 4, 2007 on the Amendment to Article 966 of Part 2 of the Civil Code of the Russian Federation

Introduces a common, three-years long, period of limitation for the claims under the contract of insurance of the risk of liabilities in obligations arising because of the damage to life, health or property of other persons.
      The Federal Law is entered into force from the day of its official publication.

Federal Law No. 249-FZ of November 2, 2007 on the Amendment to Article 13 of the Federal Law on Pawnshops

The amendments refine the procedure of sale by the pawnshop of unclaimed belongings.

Federal Law No. 248-FZ of November 2, 2007 on the Amendment to Article 29 of the Federal Law on the Banks and Banking Activities

The bank is prohibited to reduce on the unilateral basis the period of the contract, reduce the percent, increase or introduce commission for operations.

Federal Law No. 247-FZ of November 2, 2007 on the Amendments to the Budget Code of the Russian Federation and the Federal Law on the Amendments to the Budget Code of the Russian Federation Pertaining to Regulation of the Budget Process and Bringing Individual Legislative Acts of the Russian Federation in Compliance with the Budget Legislation of the Russian Federation

The amendments rename the Fund of Future Generations into the Fund of the National Well-Being.
      The Federal Law is entered into force from the day of its official publication except for individual provisions where another time limit is specified for the entry into force.

Federal Law No. 246-FZ of November 2, 2007 on the Amendments to the Federal Law on the Federal Budget for the Year 2007

Defines the sources and volumes of financing of institutes of development.
      The Federal Law is entered into force from the day of its official publication.

Federal Law No. 245-FZ of November 2, 2007 on the Ratification of the Treaty of Partner Relations between the Russian Federation and the Republic of Peru

The Treaty signed in the city of Hanoi on November 18, 2006 is expected to create and enhance conditions for development of friendship and cooperation between the Russian Federation and the Republic of Peru.

Federal Law No. 243-FZ of November 1, 2007 on the Ratification of the Treaty of Friendship and Partnership between the Russian Federation and the South African Republic

The ratified Treaty was signed in Cape Town on September 5, 2006 and is aimed at development of a multifaceted cooperation with the South African Republic, promotion of a large-scale interaction on the bilateral and multilateral bases.

Federal Law No. 242-FZ of October 30, 2007 on the Amendments to Article 12 of the Federal Law on the Currency Regulation and Currency Control

Diplomatic representations, consular institutions of the Russian Federation and other official representations of the Russian Federation abroad, as well as permanent representations of the Russian Federation in interstate and intergovernmental organisations are exempted from the duty to submit to the tax bodies reports of the flow of resources on the accounts (deposits) in the banks outside the Russian Federation.

Federal Law No. 240-FZ of October 30, 2007 on the Amendments to the Federal Law on the Special Economic Zones in the Russian Federation and Individual Legislative Acts of the Russian Federation

The adopted Federal Law creates a legal basis for the introduction and development on the territory of the Russian Federation of the new type of special economic zones - those in the ports.
      The Federal Law is entered into force 30 days after the day of its official publication except for individual provisions where other time limits are specified for the entry into force.

Decision of the Government of the Russian Federation No. 724 of October 31, 2007 on the Procedure and Terms of Committing of Transactions of Transfer of the Proprietary Right for the Nuclear Materials to a Foreign State or a Foreign Legal Entity

Decision to transfer nuclear materials from the federal property to a foreign state or foreign legal entity is taken by the Government of the Russian Federation at the presentation of the Federal Agency for Nuclear Power upon coordination with the Federal Service for Technical and Export Control and other interested federal bodies of executive power.

Federal Law No. 250-FZ of November 4, 2007 on the Amendments to Individual Legislative Acts of the Russian Federation Pertaining to Measures of Reformation of the Joint Power Supply System of Russia

The amendments envisage a switchover to the long-term planning of tariff rates, creation of a system of long-term parameters taken into account when fixing tariff rate, permitting to guarantee incomes from investments and create incentives to increase efficiency of work of regulated organisations. The date of the end of the transient period is July 1, 2008. A similar date if fixed for the reorganisation of the OAO RAO Joint Power Supply System of Russia.
      The Federal Law is entered into force from the day of its official publication except for the provisions where other time limits are specified for the entry into force.

Order of the Ministry of Natural Resources of the Russian Federation No. 258 of October 4, 2007 on the Endorsement of the Procedure to Bring in Compliance with the Forestry Code of the Russian Federation the Lease Contracts for the Parts of the Forestry Fund and the Contracts of Gratuitous Use of the Parts of the Forestry Fund

Application to redraw the contracts is submitted to the body of executive power of the subject of the Russian Federation in charge of the lease contracts for the forest sites or granting them for gratuitous use.
      Registered in the Ministry of Justice of the Russian Federation on November 6, 2007. Reg. No. 10432.

Order of the Ministry of Internal Affairs of the Russian Federation No. 887 of October 12, 2007 on the Amendments to the Temporary Permission to Drive a Transport Vehicle Endorsed by the Order of the Ministry of Internal Affairs of Russia No. 720 of August 1, 2002

The amendments to the Code of Administrative Violations of the Russian Federation pertaining to the procedure of issuance of the temporary permission for the right of driving a transport vehicle are entered into force from January 1, 2008.
      The Order is entered into force from January 1, 2008.
      Registered in the Ministry of Justice of the Russian Federation on October 31, 2007. Reg. No. 10412.

Order of the Federal Agency for Construction and the Housing and Communal Sector No. 323 of October 22, 2007 on the Certification of the State Experts

Regulates the procedure of certification of the state experts in the sphere of the state expert evaluation of design documentation and engineering surveys.
      Registered in the Ministry of Justice of the Russian Federation on October 31, 2007. Reg. No. 10411.

Decision of the Government of the Russian Federation No. 758 of November 6, 2007 on the State Accreditation of Organisations Engaged in Activities in the Sphere of Information Technologies

The state accreditation may be obtained by a Russian organisation engaged in activities in the sphere of information technologies regardless of the legal and proprietary form on condition that the given organisation provides for the development and sale of computer programs and databases on material media or in the electronic from over communication channels regardless of the type of contract and/or is rendering the services (carrying out works) in adaptation and modification of computer programs and databases, installation, testing and support of computer programs and databases.

Decision of the Government of the Russian Federation No. 757 of November 6, 2007 on the Measures to Protect Russian Producers of Glass Nets (Nets of Glass Fibre)

To protect economic interests of Russian producers of nets of glass fibre, introduces for 3 years a special duty for the imported nets with the mesh size on any side of 1.8 mm where 2 or more layers of parallel filaments (roving) are fixed using chemical or mechanical method or by weaving.
      The Decision is entered into force one month after the date of its official publication.

Decision of the Government of the Russian Federation No. 743 of November 3, 2007 on the Amendments to Some of the Acts of the Government of the Russian Federation on the Issues of Combating of Legalisation (Laundering) of Incomes Obtained in a Criminal Way and Financing of Terrorism

Amends some of the acts of the Government of the Russian Federation on the issues of combating (legalisation) of incomes obtained in a criminal way and financing of terrorism.

Decision of the Government of the Russian Federation No. 734 of November 1, 2007 on the Federal Agency for the Maintenance of the State Border of the Russian Federation

The sphere of reference of the Agency shall include the functions of working out of the state policy, normative and legal regulation, state property management, rendering of state services in the sphere of maintenance of the state border of the Russian Federation, creation, development and support of activities of the transfer points through the state border of the Russian Federation and places of crossing of the state border, as well as the functions of the state ordering party in this sphere.

Decision of the Government of the Russian Federation No. 733 of November 1, 2007 on the State Committee of the Russian Federation for Fishing

The Committee is a federal body of executive power in charge of the working out of the state policy and normative and legal regulation in the sphere of fishing, economic activities of vessels of the fishing fleet, control and enforcement of the aquatic biological resources and their environment in the internal waters of the Russian Federation, rendering of state services, state property management in the sphere of fishing and other.

Ruling of the Constitutional Court of the Russian Federation No. 681-O-P of July 3, 2007 in Pursuance of the Appeals of Citizens Y.Y.Kolodkin and Y.N.Shadeyev against Violation of Their Constitutional Rights by Provisions of Article 84.8 of the Federal Law on Joint-Stock Companies Interconnected with Part 5 of Article 7 of the Federal Law on the Amendments to the Federal Law on Joint-Stock Companies and Some Other Legislative Acts of the Russian Federation

The Constitutional Court of the Russian Federation did not find any reasons to recognise as unconstitutional individual provisions of the Federal Law on joint-stock companies (interconnected with the Federal Law No. 7-FZ of January 5, 2006) permitting the holder of more than 95% of stocks of the company to buy out the stocks belonging to other holders without their consent.

Federal Law No. 261-FZ of November 8, 2007 on the Sea Ports of the Russian Federation and on the Amendments to Individual Legislative Acts of the Russian Federation

The Federal Law is expected to regulate economic, organisational and legal relations emerging in the course of activities of sea ports, as well as specifies the procedure of construction, opening and closing of sea ports, defines the basics of the state regulation of activities in sea ports.
      The Federal Law is entered into force ten days after the day of its official publication, except for individual provisions where another procedure for the entry into force is specified.

Federal Law No. 259-FZ of November 8, 2007 "The Charter of the Highway Transport and the Urban Ground Electric Transport"

Defines general terms of transportation of passengers and luggage, cargo by motor vehicles, trams, trolley-buses, cars, trucks, as well as the general terms of providing services to passengers, charters, consignors, consignees, carriers, freighters at objects of transportation infrastructures.
      The Federal Law is entered into force 180 days after the day of its official publication.

Federal Law No. 258-FZ of November 8, 2007 on the Amendments to Individual Legislative Acts of the Russian Federation and on Invalidation of Individual Provisions of the Legislative Acts of the Russian Federation on the Licensing of Individual Types of Activities

Amends legislative acts of the Russian Federation containing provisions on the licensing of individual types of activities. The amendments refine the names of a number of types of activities subject to licensing.
      The Federal Law is entered into force 10 days after the day of its official publication except for individual provisions where another time limits is specified for the entry into force.

Federal Law No. 257-FZ of November 8, 2007 on the Highways and Highway Activities in the Russian Federation and on the Amendments to Individual Legislative Acts of the Russian Federation

Introduces uniform legal fundamentals of activities in the sphere of designing, construction, reconstruction, repair, maintenance and use of federal highways, highways of the subjects of the Russian Federation, municipal and private highways, as well as of their management.
      The Federal Law is entered into force from the day of its official publication except for individual provisions where another procedure of entry into force is specified.

Federal Law No. 256-FZ of November 8, 2007 on the Amendment to Article 4 of the Law of the Russian Federation on the Organisation of Insurance Activities in the Russian Federation

The rule stating that insurance of interests of resident legal entities and natural persons on the territory of the Russian Federation is permitted for only Russian insurers possessing licenses obtained in compliance with the Law of the Russian Federation on the organisation of insurance activities in the Russian Federation does not apply to the cases of reinsurance and other cases envisaged in the Federal Laws.

Decision of the Government of the Russian Federation No. 763 of November 7, 2007 on the Endorsement of the Rates of Export Customs Duties for Individual Chemical Commodities

To extend the export of commodities of domestic chemical industry, reduces from January 1, 2008 to the zero the rates of export customs duties for the following chemical commodities exported outside the member-states of the Customs Union agreements: butan-1-ol (n-butyl alcohol) (code according to the Foreign Trade Commodity Nomenclature of Russia 2905 13 000 0); polymers of propylene or other olefins in the primary form (code according to the Foreign Trade Commodity Nomenclature of Russia 3902); polytetrafluoroethylene for making pharmacy items (in code 3904 61 000 0 of the Foreign Trade Commodity Nomenclature of Russia).

Decision of the Government of the Russian Federation No. 761 of November 6, 2007 on the Amendments to the Decision of the Government of the Russian Federation No. 1116 of September 19, 1996

Envisages arranging of halls for officials and delegations in the points of transfer through the state border of the Russian Federation in the airports of St.Petersburg and Sochi.

Decision of the Government of the Russian Federation No. 756 of November 6, 2007 on the Endorsement of the Rates of Import Customs Duties for Individual Types of Nuts and Seeds

Endorses on the permanent basis the zero rates of the import customs duties for the following types of nuts and seeds: shelled cashew; almonds, whether or not peeled; shelled hazelnuts; sesame seeds.
      The Decision is entered into force one month after the day of its official publication.

Ruling of the Constitutional Court of the Russian Federation No. 633-O-P of July 3, 2007 on the Appeal of Citizen Y.M.Timov against Violation of His Constitutional Rights by a Number of Provisions of the Federal Law on the Radiation Safety of Population and the Regulation on the Licensing of Activities in the Sphere of Use of Sources of Ionising Radiation

The Constitutional Court of the Russian Federation believes that the challenged provisions do not suggest a restriction for independent entrepreneurs possessing a license for medical activities pertaining to x-ray works of opportunities to get the license for activities in the sphere of circulation of sources of ionising radiation - medical x-ray units.

Decision of the Government of the Russian Federation No. 768 of November 10, 2007 on the Endorsement of the Rates of Import Customs Duties for Tea and Individual Types of Raw Skins

Endorses on the permanent basis the zero rates of import customs duties for tea and individual types of raw skins earlier introduced by the Decision of the Government of the Russian Federation No. 24 of January 18, 2007 being in effect until November 22, 2007.
      The Decision is entered into force one month after the date of its official publication.

Order of the Federal Security Service of the Russian Federation No. 458 of September 10, 2007 on the Endorsement of the Rules of the Borderline Regime

The new rules adjust the procedure of entry (trespassing), temporary stay, travel of people and transport vehicles in the borderline zone.
      Registered in the Ministry of Justice of the Russian Federation on October 31, 2007. Reg. No. 10423.

Order of the Federal Customs Service No. 1307 of October 23, 2007 on the Customs Bodies Authorised to Accept Customs Declarations

Endorses the list of the customs bodies that cannot accept customs declarations.
      Registered in the Ministry of Justice of the Russian Federation on November 8, 2007. Reg. No. 10443.

Letter of the Department of the Tax and Customs Tariff Policy of the Ministry of Finance of the Russian Federation No. 03-04-06-02/201 of October 16, 2007

If the contract of voluntary medical insurance has been concluded between the organisation and the insurance company for at least one year, and the change of the list of insured because of dismissal of some of them and admission of others does not affect the above contract, amounts of insurance contributions under the mentioned contract for the new employees is exempted from the uniform social tax.

Letter of the Department of the Tax and Customs Tariff Policy of the Ministry of Finance of the Russian Federation No. 03-04-06-01/357 of October 15, 2007

Provides explanations on the issue of taxation of incomes from natural persons and calculation of the profit tax from organisations when the employer covers employee expenses for professional development.

Letter of the Ministry of Finance of the Russian Federation No. 03-02-07/2-162/2 of September 27, 2007

For organisations that have accounts in the bodies of the Federal Treasury, collection of taxes fees, penalties and fines is permitted through courts only.

Decision of the Government of the Russian Federation No. 774 of November 13, 2007 on the Endorsement of the Rates of Export Customs Duties for Raw Oil and Individual Categories of Commodities of Oil Exported from the Territory of the Russian Federation outside the Member-States of the Customs Union Agreements

From December 1, 2007, increases once again the rates of export customs duties for raw oil and individual categories of commodities of oil exported from the territory of the Russian Federation outside the member-states of the Customs Union agreements.

Decision of the Government of the Russian Federation No. 769 of November 10, 2007 on the Agreements between Executive Bodies of State Power of the Subjects of the Russian Federation and Economic Subjects to Reduce and Maintain the Prices for Individual Types of Socially Significant Foodstuffs in Primary Demand

To stabilize the situation at the foodstuffs market, executive bodies of state power of the subjects of the Russian Federation are permitted to conclude for a certain period of time - no later than until January 31, 2008 - agreements with economic subjects producing foodstuffs and/or organisations selling foodstuffs envisaging measures of reduction and/or maintaining the prices for individual types of essential, socially significant foodstuffs.

Order of the Ministry of Finance of the Russian Federation No. 88n of October 15, 2007 on the Amendments to the Order of the Ministry of Finance of the Russian Federation No. 50n of March 28, 2005 on the Endorsement of the Form of the Tax Declaration for the Uniform Agricultural Tax and Its Filling Procedure

Adjusts the form of the tax declaration for the uniform agricultural tax and its filling procedure.
      The Order is entered into force beginning with the tax declaration for the first six months of 2008.
      Registered in the Ministry of Justice of the Russian Federation on November 12, 2007. Reg. No. 10463.

Letter of the Federal Tax Service No. 02-7-12/356@ of September 5, 2007 on the Procedure of Application of Individual Provisions of the Federal Law No. 244-FZ of December 29, 2006 and Chapter 29 of the Tax Code of the Russian Federation

Explains the procedure of application of individual provisions of the Federal Law No. 244-FZ of December 29, 2006 having specified a new regime of state regulation of activities of organisation of games of chance.

Letter of the Department of the Tax and Customs Tariff Policy of the Ministry of Finance of the Russian Federation No. 03-05-05-02/60 of October 23, 2007

From the moment when the layout of the land plot is formed to house an apartment house, and the cadastral number is assigned to the mentioned land plot, the payer of the land tax is assumed to be the owners of the dwelling space in the apartment house in the appropriate proportion.

Order of the Ministry of Economic Development and Trade of the Russian Federation No. 357 of October 22, 2007 on the Deflator Coefficient for the Purposes of Chapter 26.2 of the Tax Code of the Russian Federation "Simplified System of Taxation" for the Year 2008

When switching over to the simplified system of taxation, the limiting amount of incomes of the organisation must indexed by the deflator coefficient specified on the annual basis for each subsequent calendar year and taking account of the change of consumer prices for commodities (works, services) in the Russian Federation in the previous calendar year.
      Registered in the Ministry of Justice of the Russian Federation on November 14, 2007. Reg. No. 10481.

Decision of the Government of the Russian Federation No. 781 of November 17, 2007 on the Endorsement of the Regulation on the Security of Personal Information When It Is Processed in Personal Data Information Systems

To impellent the constitutional right of citizens for the inviolability of private life, personal and family secrets, introduces security requirements for personal information when it is processed in automatic systems.

Order of the Federal Service for Financial Markets No. 07-102/pz-n of October 9, 2007 on the Endorsement of the Regulation on Activities of Organisation of Trade at the Securities Market

Endorses a new Regulation specifying the requirements to activities of professional participants of the securities market, including the stock exchanges, in organisation of trade at the securities market.
      The Order is entered into force from January 1, 2008.
      Registered in the Ministry of Justice of the Russian Federation on November 14, 2007. Reg. No. 10489.

Order of the Federal Service for Financial Markets No. 07-104/pz-n of October 16, 2007 on the Amendments to the Regulation on the Requirements to the Procedure of Committing of Individual Actions Pertaining to the Purchase of More Than 30% of Stocks of Open-Type Joint-Stock Companies Endorsed by the Order of the Federal Service for Financial Markets of Russia No. 06-76/pz-n of July 13, 2006

Excludes opportunities of submission of documents on magnetic media, electronic documents are preferred.
      Registered in the Ministry of Justice of the Russian Federation on November 14, 2007. Reg. No. 10488.

Order of the Ministry of Public Health and Social Development of the Russian Federation and the Federal Migration Service of the Russian Federation No. 670/421 of October 26, 2007 on the Endorsement of the Form of Information of the Use by the Employer of Foreign Workforce Having Arrived to the Russian Federation According to the Procedure Requiring a Visa to Be Submitted by the Employer to the Body of Executive Power of the Subject of the Russian Federation in Charge of Employment of Population

Endorses the form of submitted information of employment of foreign citizens having arrived to the Russian Federation according to the procedure requiring a visa.
      Registered in the Ministry of Justice of the Russian Federation on November 14, 2007. Reg. No. 10487.

Order of the Federal Service for Ecological, Technological and Nuclear Enforcement No. 625 of September 12, 2007 on the Endorsement of the Instruction on the Procedure of State Control of Observation of the Requirements of the Legislation of the Russian Federation in the Sphere of Protection of Atmospheric Air

Endorses the Instruction regulating the procedure of planning, preparation and carrying out by the Federal Service for Ecological, Technological and Nuclear Enforcement and its territorial bodies of the measures of state control of protection of atmospheric air, as well as the rules of drawing up of the results of these measures.
      Registered in the Ministry of Justice of the Russian Federation on November 13, 2007. Reg. No. 10474.

Decision of the Government of the Russian Federation No. 786 of November 19, 2007 on the Coefficient of Indexing of the Amount of the Monthly Insurance Payment under Obligatory Social Insurance against Industrial Accidents and Occupational Diseases

Specifies the coefficient to be applied from January 1, 2008 for indexing the amount of the monthly insurance payments adopted before January 1, 2008. The coefficient is 1.07.

Decision of the Government of the Russian Federation No. 785 of November 19, 2007 on the Russian Academy of Sciences

The Government of the Russian Federation endorsed the Charter of the Russian Academy of Sciences. Earlier, the Charter was endorsed by the Russian Academy of Sciences.

Letter of the Ministry of Finance of the Russian Federation No. 03-11-02/267 of November 13, 2007

From January 1, 2008, the system of taxation in the form of the uniform imputed income tax may be applied for such type of entrepreneurial activities as providing the services of handing over for temporary possession or use of land plots for organisation of trade in a stationary trade network, as well as for deployment of objects of a non-stationary trade network and objects of public catering that do not have visitor servicing halls.

Letter of the Federal Tax Service No. SK-6-11/897@ of November 20, 2007 on the Information Necessary for the Calculation of the Tax on Extraction of Mineral Resources for Oil for October 2007

From January 1, 2007, the rate of the tax on extraction of mineral resources making Rbl 419 per ton of produced oil, dry, desalinised and stabilised, is multiplied by the coefficient characterising the dynamics of world prices for oil and the coefficient characterising the development of the particular part of subsoil reserves.

Order of the Federal Service of Enforcement in the Sphere of Public Health and Social Development No. 3063-Pr/07 of October 9, 2007 on the Endorsement of the Forms of Documents Used by the Federal Service of Enforcement in the Sphere of Public Health and Social Development in the Licensing of Medical Activities

Beginning with 2007, the licensing of medical activities is vested in the Federal Service of Enforcement in the Sphere of Public Health and Social Development exclusively.
      Registered in the Ministry of Justice of the Russian Federation on November 14, 2007. Reg. No. 10480.

Federal Law No. 270-FZ of November 23, 2007 on the State Corporation Rostekhnologii

The Federal Law specifies the legal, financial and organisational fundamentals of activities of the state corporation to assist projects, production and export of hi-tech industrial products of Rostekhnologii.
      The Federal Law is entered into force from the day of its official publication.

Federal Law No. 269-FZ of November 23, 2007 on the Amendments to the Federal Law on the Federal Budget for the Year 2008 and for the Planned Period of 2009 and 2010

Introduces a new provision permitting to use in 2008 for the same purposes interbudget transfers obtained in 2007 by the budgets of the subjects of the Russian Federation and local budgets from the federal budget in the form of subventions and subsidies.
      The Federal Law is entered into force from the day of its official publication.

Federal Law No. 268-FZ of November 23, 2007 on the Amendments to Individual Legislative Acts of the Russian Federation on the Drawing up of the Rights of Heirs, As Well As Other Citizens, for the Land Plots According to the Simplified Procedure

Simplifies the procedure of drawing up of the rights of heirs and other citizens for the land plots.

Information of the Central Bank of Russia of November 26, 2007 "Questions and Explanations on Some Issues Pertaining to the Entry into Force from January 1, 2008 of the Regulation of the Bank of Russia No. 302-P of March 26, 2007 on the Rules of Accounting Work in Credit Organisations Located on the Territory of the Russian Federation and the Letter of the Bank of Russia No. 142-T of September 7, 2007 on Some Issues Pertaining to the Entry into Force of the Regulation of the Bank of Russia No. 302-P of March 26, 2007 on the Rules of Accounting Work in Credit Organisations Located on the Territory of the Russian Federation and the Drawing up of the Annual Accounting Report for the Year 2007"

Describes entries to be made as events after the reporting date. The moment of recording of the operation of transfer of residues (which year turnovers) depends on the fact of committing: if the mentioned operation is registered on the last working day of 2007, it is entered as turnovers of 2007; if on the first working day of 2008, as turnovers of 2008 respectively.

Federal Law No. 274-FZ of November 27, 2007 on the Reorganisation of the Courts of General Jurisdiction of the Taymyr (Dolgano-Nenetsky) Autonomous District and the Evenki Autonomous District Pursuant to the Forming of the Krasnoyarsk Territory

Dissolves the courts of the Taymyr (Dolgano-Nenetsky) and Evenki Autonomous Districts pursuant to the forming of the new subject of the Russian Federation - Krasnoyarsk Territory while handing over the issues of their jurisdiction to the Krasnoyarsk Territory Court.

Federal Law No. 273-FZ of November 27, 2007 on the Amendments to Article 25.5 of the Code of Administrative Violations of the Russian Federation

Changes the moment permitting access for the defence, as well as the representative of the victim, to take part in the proceedings of the case of administrative violation.

Federal Law No. 272-FZ of November 27, 2007 on the Amendment to Article 151 of the Code of Criminal Procedures of the Russian Federation

The jurisdiction of investigators of the Federal Bailiff Service shall include the cases of crimes envisaged in Article 157 and 177 of the Criminal Code of the Russian Federation.

Federal Law No. 271-FZ of November 26, 2007 on the Amendments to Articles 9 and 12 of the Federal Law on the Military and Technical Cooperation of the Russian Federation with Foreign States

Refines the list of organisations engaged in foreign trade activities for the products of military destination, as well as the authority of the President of the Russian Federation where it pertains to the creation of intermediary organisations engaged in foreign trade activities in this sphere.

Decision of the Council of the Federation of the Federal Assembly of the Russian Federation No. 550-SF of November 26, 2007 on the Elections of the President of the Russian Federation

Assigns the next elections of the President of the Russian Federation on March 2, 2008. The Decision is entered into force from the day of its official publication.

Letter of the Department of the Tax and Customs Tariff Policy of the Ministry of Finance of the Russian Federation No. 03-03-06/1/764 of November 2, 2007

In case of stay of an employee on a business trip abroad for more than 60 days, the daily allowance is reduced beginning with the 61st day.

Letter of the Federal Tax Service No. 02-7-11/405@ of October 22, 20067 on the Procedure of Application of the Taxation System in the Form of the Uniform Imputed Income Tax

The system of taxation in the form of the uniform imputed income tax for individual types of activities does not apply if the activities are carried out by a major taxpayer.

Federal Law No. 285-FZ of November 29, 207 on the Amendments to Chapter 25.1 of Part 2 of the Tax Code of the Russian Federation

The amendments create incentives for a more efficient use of aquatic biological resources.
      The Federal Law is entered into force from January 1, 2008, however, no sooner than one month after the day of its official publication.

Federal Law No. 284-FZ of November 29, 2007 on the Amendments to Part 2 of the Tax Code of the Russian Federation

Amounts of payments for the purchase and/or construction of dwelling space provided from the federal budget, budgets of subjects of the Russian Federation and local budgets are exempted from the tax on incomes from natural persons.
      The Federal Law is entered into force from January 1, 2008, however, no sooner than one month after the day of its official publication and no sooner than the 1st of the subsequent tax period for the appropriate tax, except for individual provisions where other time limits are specified for the entry into force.

Federal Law No. 281-FZ of November 29, 2007 on the Amendments to Part 3 of the Tax Code of the Russian Federation

Envisages opportunities of legal succession for the escheat in the form of dwelling space not only for the Russian Federation, as was specified before, but also for municipal formations and subjects of the Russian Federation - cities of federal significance where the mentioned dwelling space is located.

Federal Law No. 275-FZ of November 28, 2007 on the Amendments to Articles 5 and 7 of the Federal Law on the Combating of Legalisation (Laundering) of Incomes Obtained in a Criminal Way and Financing of Terrorism

Commercial organisations concluding contracts of financing on condition of monetary claims cession as financial agents are included in the list of organisations carrying operations with monetary resources or another property that must take measures to combat legalisation of incomes obtained in a criminal way and financing of terrorism.
      The Federal Law is entered into force from January 15, 2008.

Federal Law No. 267-FZ of November 23, 2007 on the Amendments to the Federal Law on the Federal Budget for the Year 2007

Changes the main characteristics of the federal budget for the year 2007 as a result of its execution in the first six months and the preliminary assessment of execution for 9 months of the current year.
      The Federal Law is entered into force from the day of its official publication.

Decision of the Government of the Russian Federation No. 810 of November 26, 2007 on the Procedure and Terms of Management of the Vessels of the Nuclear Ice-Breaker Fleet and the Vessels of Nuclear Technological Servicing

In pursuance of the Decision of the Government of the Russian Federation No. 718 of June 19, 1994 and to perfect the management of the Northern Sea Route and improve the servicing of the regions of the Far North and localities of similar status, the vessels with nuclear power plants, diesel ice-breakers and vessels of the nuclear technological servicing that were not subject to privatisation were handed over in trust control to a number of companies including the Murmansk Shipping Company.

Decision of the Government of the Russian Federation No. 807 of November 26, 2007 on the Amendments to Some of the Decisions of the Government of the Russian Federation

The amendments are stipulated by the improvements of the legislation on commodity exchanges.

Decision of the Government of the Russian Federation No. 806 of November 26, 2007 on the Amendments to the Decision of the Government of the Russian Federation No. 273 of May 8, 2007

Adjusts the procedure of calculation of the damage incurred on the forests because of violation of the forestry legislation.

Decision of the Government of the Russian Federation No. 803 of November 26, 2007 on the Currency Operations Carried out by the Federal Treasury

The Federal Treasury is permitted to carry out all types of currency operations without restrictions.

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