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 19.11.2001

Decision of the Government of the Russian Federation No. 782 of November 9, 2001 on the State Regulation of Prices for Medicines

Defines the procedure of state regulation of the pricing process for the vital and most important medicines according to the list endorsed annually by the Government of the Russian Federation. The state regulation is arranged by way of state registration of the limiting transfer prices of domestic and foreign producers, as well as by way of fixing of the limiting wholesale and retail trade markups to the prices for medicines.
The Ministry of Public Health of the Russian Federation shall carry out the state registration of the maximum transfer prices after submission of the application by the producer and the listed documents.
The maximum wholesale markups may be specified for the actual transfer price of the domestic or the contract price of the foreign producer or for the transfer price of the wholesale trade organization buying the medicines at their own expense. The maximum retail trade markups are fixed by the bodies of executive power of the subjects of the Russian Federation for apothecary institutions.

Order of the Ministry of Transport of the Russian Federation No. 144 of September 26, 2001 on the Endorsement of the Rules of State Registration of Vessels

Endorses the procedure of recognition and confirmation by the state of the emergence, restriction (encumbrance), transfer or termination of the right for a vessel in compliance with the civil legislation. Defines the bodies in charge of the state registration and different depending on the power rating of the main engine, capacity and purpose of the vessel. Specifies the requirements to the documents presented for the registration. The state registration is carried out as a rule within not greater than one month from the day of submission of the application. It is specified that the person violating the established procedure shall bear administrative responsibility.
Registered in the Ministry of Justice of the Russian Federation on November 13, 2001. Reg. No. 3029.

Order of the Ministry of Taxes and Revenues of the Russian Federation No. BG-3-05/502 of November 13, 2001 on the Amendments to the Methodology Recommendations on the Procedure of Calculation and Payment of the Uniform Social Tax (Contribution)

The changes pertain to the refinement of the circle of payers of the uniform social tax. It is specified, in particular, that the payers of the tax are private guard enterprises employing private guards. Independent auditors are also recognized as taxpayers. The Methodology Recommendations do not include now the provision stating that separate divisions may perform the functions of their creating organizations in calculation of the terms of application of the regressive taxation scale.

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