Windfall tax for major companies to be introduced in Russia

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Monitoring of the Federal Legislation dated 13.11.2001

Decision of the Government of the Russian Federation No. 765 of November 6, 2001 on the Restructuring of the Debts in Taxes and Revenues to the Federal Budget, As Well As the Debts in Accrued Penalties and Fines of the State Federal Unitary Enterprises Making Part of the Criminal Execution System

Sets forth the schedule of restructuring of the debts of the mentioned enterprises in obligatory payments to be implemented on a stepwise basis beginning with the 1st quarter of 2004. The enterprise must submit application to get the right for the restructuring to the territorial tax body at the place of its location before December 1, 2001. The penalties accrued for the amount of the debt are suspended from the day of taking the decision on the restructuring.

Decision of the Chief State Sanitary Physician of the Russian Federation No. 18 of July 13, 2001 on the Entering into Force of the Sanitary Rules SP 1.1.1058-01

Beginning with January 1, 2002, sets forth the uniform procedure of organization and carrying out of the enterprise control over observation of sanitary rules and implementation of sanitary and counter epidemic (prevention) measures.
The sanitary rules are intended for legal entities and independent entrepreneurs preparing for putting into operation and/or producing, storing, transporting and selling products, carrying out works and rendering services, as well as for the bodies and institutions of the State Sanitary Epidemiological Service in charge of the state sanitary and epidemiological enforcement.
Registered in the Ministry of Justice of the Russian Federation on October 30, 2001. Reg. No. 3000.

Direction of the Central Bank of Russia No. 1043-U of November 5, 2001 on the Amendments to the Direction of the Bank of Russia No. 985-U of June 27, 2001 on the Procedure of Entering Dividends and Interest on the Special, Type S (Conversion) Accounts of Non-Residents

Sets forth the procedure of entering incomes from couponless bonds on the special, type S (conversion) accounts of non-residents. The form of the application and the calculation form sent by the non-resident to the authorized bank to transfer the incomes from the investment type S account to the conversion one now includes sections "Incomes from Couponless Bonds" and the "Calculation Form for the Incomes from Couponless Bonds Due for Transfer".
The Direction is entered into force from the moment of its publication in the Herald of the Bank of Russia.

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