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 16.10.2020

Order of the Government of the Russian Federation No. 2649-r of October 14, 2020 - Citizens of Cuba, Serbia and Japan can now fly to Russia.

Federal Law No. 320-FZ of October 15, 2020 on Amending Article 146 of Part Two of the Tax Code of the Russian Federation - The procedure for applying VAT benefits in bankruptcy has changed.

Federal Law No. 322-FZ of October 15, 2020 on Amending Article 430 of Part Two of the Tax Code of the Russian Federation - The President of the Russian Federation signed the Law on insurance premiums in a fixed amount for 2021-2023.

Federal Law No. 323-FZ of October 15, 2020 on Amending Article 264 of Part Two of the Tax Code of the Russian Federation - Terms of taxation for mass media and publishers have changed.

Federal Law No. 324-FZ of October 15, 2020 on Amending Articles 333-31 and 333-32 of Part Two of the Tax Code of the Russian Federation - The collection of state duties in the production and turnover of precious metals will be handled by the Federal Assay Office.

Federal Law No. 325-FZ of October 15, 2020 on Amending Article 3-1 of the Law of the Russian Federation on Customs Tariffs - With regard to oil with special physical and chemical characteristics, special rates of export duties will be cancelled but the tax on additional income from hydrocarbon production will be introduced.

Federal Law No. 329-FZ of October 15, 2020 on Amending Articles 6 and 6-1 of the Federal Law on the Legal Status of Foreign Citizens in the Russian Federation - The Government will approve the procedure for the distribution of the quotas for permits for temporary residence of foreign citizens in Russia.

Federal Law No. 336-FZ of October 15, 2020 on Amending Article 28-1 of the Criminal-Procedural Code of the Russian Federation - The procedure for terminating the criminal prosecution of tax evaders in connection with compensation for damage has been clarified.

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