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 2.10.2001

Decree of the President of the Russian Federation No. 1156 of September 28, 2001 on the Amendments to the List of Dual-Purpose Commodities and Technologies Export of Which is Controlled Endorsed by the Decree of the President of the Russian Federation No. 1268 of August 26, 1996 on the Control over the Export from the Russian Federation of Dual-Purpose Commodities and Technologies

Amends the list of dual-purpose commodities and technologies export of which is controlled. The Decree is entered into force three months after the day of its official publication. The text of the Decree is published in Rossiyskaya Gazeta on October 2, 2001.

Decision of the Government of the Russian Federation No. 699 of October 1, 2001 on the Procedure and Terms of Restructuring of the Debts in Insurance Contributions to the State Social Non-Budgetary Funds, Accrued Penalties and Fines Available with Organizations as of January 1, 2001

The Decision is adopted pursuant to Article 20 of the Federal Law No. 118-FZ of August 5, 2000 on the entering into force of Part 2 of the Tax Code of the Russian Federation and amendments to some of the legislative acts of the Russian Federation on taxes stating that the Government of the Russian Federation is to define the procedure and terms of restructuring of the debts in contributions to the state social non-budgetary funds, accrued penalties and fines available with organizations as of January 1, 2001.
According to the endorsed procedure, the organizations must submit appropriate applications before January 1, 2002 for the tax bodies to take the decision on the restructuring. For organizations having failed to redeem the debt or having failed to submit the application for the restructuring of the debt before January 1, 2002, the tax bodies will take measures to collect it including initiation of the bankruptcy proceedings.

Decision of the Government of the Russian Federation No. 698 of October 1, 2001 on the Endorsement of the Regulation on the Building Up and Use of the Federal Fund of Seeds of Agricultural Plants

Defines the procedure pertaining to providing supplies, servicing, storage and release of seeds from the federal fund of seeds of agricultural plants.
The seeds fund is built up through the purchase (supplies) of the seeds of agricultural cultures for the state federal needs. The fund is built of home-grown seeds having the certificates confirming the brand and sowing properties of the seeds. The purchase of foreign-grown seeds is permitted when the growing of similar types of seeds in the Russian Federation is impossible, insufficient or not expedient economically.
The Decision describes the authority of the Ministry of Agriculture of the Russian Federation being the main administrator of the resources of the federal budget allocated for the building up and use of the seeds fund.

Order of the Ministry of Taxes and Revenues of the Russian Federation No. BG-3-09/319 of August 31, 2001 on the Endorsement of the Procedure of Defining the Particulars of Registration of the Largest Russian Taxpayer Organizations

Article 80 of the Tax Code of the Russian Federation grants the right of defining the particulars of registration of the largest taxpayers to the Ministry of Taxes and Revenues of the Russian Federation. The procedure endorsed by the present Order regulates the procedure of registration of the given category of taxpayers in the interregional inspections of the Ministry of Taxes and Revenues of Russia for the largest taxpayers. The Order specifies the procedure of interaction of such inspections with "ordinary" inspections of the Ministry of Taxes and Revenues of Russia where the largest taxpayers are registered for the reasons specified in the Tax Code of the Russian Federation. Endorses the forms of the notification of the registration in the tax body as the largest taxpayer, as well as the certificate of registration as such.
Registered in the Ministry of Justice of the Russian Federation on September 25, 2001. Reg. No. 2950.

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