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 25.04.2024

Federal Law No. 96-FZ of April 23, 2024 on amening Article 40 of the Federal Law on Advertising and the Federal Law on Amending Certain Legal Acts of the Russian Federation - Contracts for the installation and operation of advertising structures will be extended without bidding

Federal Law No. 97-FZ of April 23, 2024 on amening the Federal Law on the Central Bank of the Russian Federation (the Bank of Russia) - Systemically important banks will switch to internal ratings when assessing credit risk

Information of the Ministry of Economic Development of the Russian Federation of April 23, 2024 on the export customs duties on crude oil and certain categories of goods manufactured from oil for the period from May 1 till May 31, 2024 - Zero rates of export duties on oil and petroleum products will remain in May

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