Windfall tax for major companies to be introduced in Russia

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Monitoring of the Federal Legislation dated 30.04.2010

Decision of the Government of the Russian Federation No. 138 of March 11, 2010 on the Endorsement of the Federal Rules of Use of the Air Space of the Russian Federation

Endorses the rules of use of the air space of the Russian Federation to ensure the safety and interests of the state and public.

Order of the Federal Tax Service No. MM-7-6/54@ of February 15, 2010 on the Amendments to the Forms of Documents Used for Registration and Removal from Records of Russia Organisations and Natural Persons Endorsed by the Order of the Federal Tax Service of Russia No. SAE-3-09/826@ of December 1, 2006

Adjusts the forms of applications for registration (removal from records) of Russian organisations and natural persons in the tax body.

Order of the Federal Antimonopoly Service No. 27 of January 22, 2010 on the Endorsement of the Procedure of Keeping of Disclosed Information by the Subjects of the Wholesale and Retail Trade Markets of Electric Energy

Subjects of the wholesale and retail trade markets of electric energy (except for consumers) must keep information disclosed by them in compliance with available standards.

The Balance of Payments and the External Debt of the Russian Federation for January-September 2009

Summarises information on the trade and financial operations in the external sector of the economy for January- September 2009.

Direction of the Central Bank of Russia No. 2405-U of February 27, 2010 on the Amendments to the Regulation of the Bank of Russia No. 318-P of April 24, 2008 on the Procedure of Carrying out of Cash Operations and the Rules of Storage, Transportation and Encashment of Notes and Coins of the Bank of Russia in Credit Organisations on the Territory of the Russian Federation

Adjusts the regulation on the procedure of carrying out of cash operations and the rules of storage, transportation and encashment of notes and coins of the Bank of Russia in credit organisations on the territory of the Russian Federation.

Letter of the Federal Tax Service No. MN-21-6/119 of February 27, 2010 on the Issues of State Registration of Limited-Liability Companies

Refines some issues of state registration of limited-liability companies.

Decision of the Government of the Russian Federation No. 208 of April 1, 2010 on the Endorsement of the Regulation on the Preliminary Coordination of the Particulars of Forming of the Starting Price for Products When They Are Sold at the Commodity Exchange

Specifies the procedure of preliminary coordination with the antimonopoly body of the particulars of forming of the stating price for products when they are sold at the commodity exchange. Such coordination is necessary in cases of violation of the antimonopoly legislation.

Decision of the Government of the Russian Federation No. 203 of March 31, 2010 on the Authority of the Federal Bodies of Executive Power in the Area of State Control of Prices for Medicines Included in the List of Vital and Most Important Medicines

This function is vested in the Federal Service of Enforcement in the Area of Public Health and Social Development.

Decision of the Government of the Russian Federation No. 200 of March 31, 2010 on the Amendments to the Regulation on the Licensing of Activities of Enterprisers, Institutions and Organisations to Carry out Works Associated with the Use of Information Comprising the State Secret, Creation of the Means of Protection of Information, As Well As the Measures and/or Services in the Area of Protection of the State Secret

Adjusts the procedure of licensing of organisations using information comprising the state secret.

Federal Law No. 60-FZ of April 7, 2010 on the Amendments to Individual Legislative Acts of the Russian Federation

Enhances the criminal and legal protection in the area of economic activities.

Federal Law No. 55-FZ of April 5, 2010 on the Amendment to Article 23.60 of the Code of Administrative Violations of the Russian Federation

Extends the list of officials permitted to process the cases of violation of the currency legislation.

Federal Law No. 50-FZ of April 5, 2010 on the Amendment to Article 164 of Part 2 of the Tax Code of the Russian Federation

Refines the procedure of application of the zero rate of the value added tax by Russian railway carriers.

Federal Law No. 47-FZ of April 5, 2010 on the Amendments to Article 12.1 of the Code of Administrative Violations of the Russian Federation

Introduces new amounts of fines for the operation of unregistered transport vehicles and the ones having failed to undergo technical inspection.

Federal Law No. 41-FZ of April 5, 2010 on the Amendments to Part 2 of the Tax Code of the Russian Federation and Individual Legislative Acts of the Russian Federation

Introduces amendments to the Tax Code of the Russian Federation and a number of other legislative acts.

Order of the Federal Service for Financial Markets No. 10-12/pz-n of February 25, 2010 on the Endorsement of the Requirements to the Broker Singing the Prospectus of Securities of the Foreign Issuer

Introduces the requirements to the broker singing the prospectus of securities of the foreign issuer.

Order of the Federal Service for Financial Markets No. 10-10/pz-n of February 18, 2010 on the Endorsement of the Regulation on the Procedure of Certification of the Authenticity of the Signature by Professional Participants of the Securities Market

Professional participants of the securities market may certify the authenticity of the signature of the natural person on the documents of transfer of rights for securities, however, with exceptions.

Order of the Ministry of the Industry and Trade of the Russian Federation No. 121 of February 15, 2010 on the Endorsement of the List of Motor Vehicles and Communal Equipment for the Purchase by Subjects of the Russian Federation Entitled for Subsidies

In 2010, the regions and the city of Baykonur get subsidies for the purchase of motor vehicles and communal equipment.

Order of the Ministry of Economic Development of the Russian Federation No. 42 of February 4, 2010 on the Endorsement of the Procedure of Keeping of the State Cadastre of Immovable Property

Endorses a new procedure of keeping of the State Cadastre of Immovable Property.

Decision of the Government of the Russian Federation No. 89 of February 24, 2010 on Some Issues of Organisation of the Long-Term Competitive Power Extraction at the Wholesale Market of Electric Energy (Power)

To ensure a sufficient volume of generating capacity in the Joint Power Supply System of Russia, a long-term competitive power extraction will be organised at the wholesale market.

Letter of the Ministry of Finance of the Russian Federation No. 02-06-07/1169 of April 1, 2010

Works out methodology recommendations for the switchover to the new provisions of the Budget Accounting Instruction introduced by the Order of the Ministry of Finance of Russia No. 152n of December 30, 2009.

Decision of the Government of the Russian Federation No. 211 of April 1, 2010 on the Amendments to the Regulation on the Federal Highway Agency and the Regulation on the Ministry of Transport of the Russian Federation

The Federal Highway Agency and the Ministry of Transport of Russia enjoy additional authority pertaining to the state company Avtodor.

Order of the Government of the Russian Federation No. 445-r of March 28, 2010

Finds it expedient to introduce the European digital radio broadcasting system DRM in Russia.

Letter of the Department of the Tax and Customs Tariff Policy of the Ministry of Finance of the Russian Federation No. 03-02-07/1-110 of March 16, 2010

Examines the issue of fairness of taxpayers choosing contractors.

Order of the Federal Service for Tariff Rates No. 73-a of March 11, 2010 on the Endorsement of the Form of Submitted Information on the Limiting Wholesale and Limiting Retail Trade Mark-Ups to the Prices for the Vital and Most Important Medicines Fixed in the Subjects of the Russian Federation

The bodies of executive power of the subjects of the Russian Federation submit information on the vital and most important medicines on the quarterly basis.

Federal Law No. 61-FZ of April 12, 2010 on the Circulation of Medicines

Describes the main rules of circulation of medicines (development, testing, state registration, production, transportation, storage etc.).

Decree of the President of the Russian Federation No. 460 of April 13, 2010 on the National Strategy of Combating Corruption and the National Plan of Combating Corruption for the Years 2010-2011

Unites the efforts of the bodies of power, society, organisations and natural persons.

Order of the Federal Service for Financial Markets No. 10-20/pz-n of March 23, 2010 on the Endorsement of the Procedure of Registration of the Prospectuses of Securities of Foreign Issuers and Introduction of Securities of Foreign Issuers for Placing and/or Public Circulation in the Russian Federation at the Decision of the Federal Body of Executive Power in Charge of the Securities Market

The procedure does not apply to securities that may be introduced at the decision of the Russian stock exchange.

Decision of the Government of the Russian Federation No. 219 of April 9, 2010 on the State Support of Development of Innovation Infrastructure in the Federal Institutions of Higher Professional Education

Allocates resources from the federal budget to support development of innovation infrastructure in the federal higher educational institutions, including small innovation enterprises.

Decision of the Government of the Russian Federation No. 218 of April 9, 2010 on the Measures of State Support of Development of Cooperation of Russian Higher Educational Institutions and Organisations Implementing Complex Projects Creating Hi-Tech Production Facilities

Introduces the procedure and terms to grant subsidies for the implementation of complex projects creating hi-tech production facilities involving Russian organisations and higher educational institutions.

Decision of the Government of the Russian Federation No. 238 of April 13, 2010 on the Determination of the Pricing Parameters for the Sale of Power at the Wholesale Market of Electric Energy (Power) in the Transient Period

Endorses the procedure of determination of the pricing parameters for the sale of power at the wholesale market of electric energy.

Decision of the Government of the Russian Federation No. 243 of April 14, 2010 on the Amendments to the Decision of the Government of the Russian Federation No. 701 of November 20, 2003

Refines the procedure of placing of goods under the special customs regime of moving of goods for the purposes of prevention and elimination of natural disasters and other emergency situations.

Order of the Ministry of the Industry and Trade of the Russian Federation No. 146 of February 27, 2010 on the Endorsement of the List of Cars Produced on the Territory of the Russian Federation Permitting a Reimbursement of the Shortfall in Income for Credit Organisations Proceeding from Two Thirds of the Rate of Refinancing of the Central Bank of the Russian Federation When They Are Purchased by Natural Persons on Credit in 2009-2010

Endorses the list of such cars anew.

Decision of the Government of the Russian Federation No. 245 of April 14, 2010 on the Amendments to the Rules of Submission of Notifications of Initiation of Individual Types of Entrepreneurial Activities and Registration of the Mentioned Notifications

Extends the list of appropriate works and services.

Order of the Ministry of Justice of the Russian Federation No. 72 of March 29, 2010 on the Endorsement of the Forms of Reports of Non-Commercial Organisations

Endorses anew the mentioned forms of reports because of the handing over from January 1, 2009 of some functions to the federal bodies of executive power from the Government of the Russian Federation.

Letter of the Federal Tax Service No. ShS-37-3/5@ of April 19, 2010 on the Information Necessary for the Calculation of the Tax on Extraction of Mineral Resources for Oil for March 2010

Provides information for the calculation of the above tax for March 2010.

Order of the Ministry of Mass Communication of the Russian Federation No. 46 of March 19, 2010 on the Assigned Codes of Choice of Operators of Intercity and International Telephone Communication Networks

Assigns access codes for the services of intercity and international telephone communication.

Order of the Federal Service for Financial Markets No. 10-13/pz-n of March 4, 2010 on the Endorsement of the Regulation on the Types of Derivative Financial Instruments

The Federal Service for Financial Markets of Russia is authorised to qualify securities and derivative financial instruments.

Order of the Federal Customs Service No. 330 of February 18, 2010 on the Endorsement of the Form of the Act of the Customs Body Having Revealed the Fact of Failure to Pay or Incomplete Transfer of Customs Payments and Its Drawing Procedure

A refined procedure of collection of customs payments is in effect from October 1, 2009.

Order of the Ministry of Regional Development of the Russian Federation No. 624 of December 30, 2009 on the Endorsement of the List of Works in Engineering Surveys, Preparation of Design Documentation, Construction, Reconstruction, Capital Repair of Objects of Capital Construction Affecting the Safety of Objects of Capital Construction

Endorses a new list of works in engineering surveys, preparation of design documentation, construction, reconstruction, capital repair of objects of capital construction affecting their safety.

Direction of the Central Bank of Russia No. 2414-U of March 25, 2010 on the Amendments to the Regulation of the Bank of Russia No. 323-P of October 16, 2008 on the Credits without Security Granted to Russian Credit Organisations by the Bank of Russia

Adjusts the procedure for the Bank of Russia to grant credits without security to Russian credit organisations.

Direction of the Central Bank of Russia No. 2407-U of March 1, 2010 on the Amendments to the Direction of the Bank of Russia No. 2214-U of April 14, 2009 on the Procedure for the Credit History Subject and Credit History User to Send Requests and Get Information from the Central Catalogue of Credit Histories through the Notary

Adjusts the procedure of sending requests to the Central Catalogue of Credit Histories through the notary.

Federal Law No. 65-FZ of April 22, 2010, on the Amendments to the Law of the Russian Federation on the Organisation of Insurance Activities in the Russian Federation and Individual Legislative Acts of the Russian Federation

Changes the bankruptcy proceedings for financial organisations, as well as the terms of application of the measures of prevention of their insolvency.

Federal Law No. 64-FZ of April 22, 2010 on the Amendments to Article 6 of the Federal Law on the State Regulation of Activities of Organisation and Carrying out of Games of Chance and on the Amendments to Some Legislative Acts of the Russian Federation

Adjusts the law on the state regulation of activities of organisation and carrying out of the games of chance.

Information Letter of the Presidium of the Higher Arbitration Court of the Russian Federation No. 135 of March 30, 2010 on Some Issues of Application of Article 5 Order of the Federal Law No. 312-FZ of December 30, 2008 on the Amendments to Part 1 of the Civil Code of the Russian Federation and Individual Legislative Acts of the Russian Federation

Provides recommendations on the application of individual provisions of the law on the amendments pertaining to the legal status of limited-liability companies.

Decision of the Commission of the Customs Union No. 196.1 of February 26, 2010 on the Adjustment of the Rate of Import Customs Duty of the Joint Customs Tariff of the Customs Union Pertaining to Individual Types of Paper and Cardboard (City of Moscow)

Adjusts the rate of import customs duty for individual types of paper and cardboard.

Order of the Ministry of Natural Resources of Russia No. 30 of February 16, 2010 on the Endorsement of the Procedure of Submission and Control of Reports of Generation, Use, Neutralisation and Deployment of Waste (Except for Statistical Reports)

Endorses a new procedure of submission and control of reports of generation, neutralisation and deployment of waste (except for statistical reports).

Order of the Federal Service for Financial Markets No. 10-19/pz-n of March 23, 2010 on the Endorsement of the Requirements to the Depositaries Providing Registration of Rights for Securities of Foreign Issuers Permitted for Public Deployment and/or Public Circulation in the Russian Federation

Depositaries must meet appropriate requirements in cases of public deployment of securities of foreign issuers in Russia.

Federal Law No. 66-FZ of April 26, 2010 on the Amendments to Article 10 of the Federal Law on the Protection of Rights of Legal Entities and Individual Entrepreneurs in the Course of State Control (Enforcement) and Municipal Control

Adjusts the law on the protection of rights of legal entities and individual entrepreneurs in the course of the state and municipal control.

Decision of the Government of the Russian Federation No. 260 of April 21, 2010 on the Amendments to the Appendix to the Decision of the Government of the Russian Federation No. 1023 of December 16, 2009

Amends the list of medicines and means of personal protection for the federal reserve stocks.

Decision of the Government of the Russian Federation No. 259 of April 21, 2010 on the Cost of Living in Per Capita Figures and for the Main Socio-Demographic Groups of Population for the Whole of the Russian Federation for the IV Quarter of 2009

The cost of living in the IV quarter of 2009 for Russia makes Rbl 5,144 per capita, Rbl 5,562 for able-bodied population, Rbl 4,091 for pensioners, Rbl 4,922 for children.

Information Letter of the Presidium of the Higher Arbitration Court of the Russian Federation No. 136 of April 13, 2010 on Some Issues Pertaining to Capitalisation of Payments in the Cases of Bankruptcy

Liquidated organisation must transfer capitalised payments to the Social Insurance Fund of Russia.

Order of the Federal Tax Service No. MM-7-3/136@ of March 23, 2010 on the Endorsement of the Forms of Documents Used by Tax Bodies When Implementing Their Authority in Relations Regulated by the Law on Taxes and Fees

Specifies which categories of payers may enjoy the notification procedure of reimbursement of the value added tax introduced in December 2009.

Order of the Ministry of Regional Development of the Russian Federation No. 86 of March 1, 2010 on the Cost of One Square Meter of Total Dwelling Space Intended for Determination in 2010 of the Amount of Limiting Cost of One Square Meter of Total Dwelling Space Used in the Cases of Purchase of Dwelling Space in the Framework of Implementation of the Federal Law No. 185-FZ of July 21, 2007 on the Fund of Assistance of Reformation of the Housing and Communal Sector

The law on the fund of assistance of reformation of the housing and communal sector specifies a number of requirements to the regional targeted program of resettling of citizens from breakdown homes.

Order of the Federal Tax Service No. MMV-7-3/183@ of April 13, 2010 on the Endorsement of the Forms of Documents for Application of the System of Taxation for Agricultural Producers

Endorses new forms of documents for the mentioned purposes.

Order of the Federal Tax Service No. MMV-7-3/182@ of April 13, 2010 on the Endorsement of the Forms of Documents for Application of the Simplified System of Taxation

Endorses new forms of documents for the mentioned purposes.

Decision of the Government of the Russian Federation No. 286 of April 26, 2010 on the Endorsement of the Rates of Export Customs Duties for Raw Oil and Individual Categories of Commodities of Oil Exported outside the Territory of the Russian Federation and the Territories of the Member-States of the Customs Union Agreements

Increases the rates of export customs duties for raw oil and individual categories of commodities of oil exported outside the member-states of the customs union agreements.

Order of the Ministry of Transport of the Russian Federation No. 5 of January 13, 2010 on the Assigning and Use of Alienation Zones of Federal Significance Highways

Specifies anew the procedure of allocation and use of alienation zones of federal significance highways.

Order of he Ministry of Transport of the Russian Federation No. 4 of January 13, 2010 on the Assigning and Use of Waysides of Federal Significance Highways

Endorses the procedure of allocation and use of waysides of federal significance highways.

Information of the Central Bank of Russia of April 29, 2010

From April 30, 2010, reduces the rate of refinancing and the interest rates for individual operations of the Bank of Russia by 0.25 percentage points.

Direction of the Central Bank of Russia No. 2423-U of April 2, 2010 on the Reorganisation of Exchange Offices to Acquire the Status of Other Types of Internal Structural Divisions of Credit Organisations (Branches of Credit Organisations), on the Closing of Exchange Offices and on the Refining of Activities of Internal Structural Divisions

Before October 1, 2010, exchange offices of credit organisations must be reorganised to acquire the status of internal divisions of another type.

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