Windfall tax for major companies to be introduced in Russia

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Monitoring of the Federal Legislation dated 22.11.2001

Decision of the Government of the Russian Federation No. 804 of November 19, 2001 on the Federal Standards of Switchover to the New System of Payment for the Housing and Communal Services for the Year 2002

The federal standard of the maximum permissible portion of own expenses of citizens for the housing and communal services in the total family income within the federal standard of the social norm of the housing space and normatives of communal services consumption is fixed to amount to 22%.
The Decision also fixes differentiated by the subjects of the Russian Federation standards of the maximum cost of provided housing and communal services per 1 square meter of the total housing space per month. The changing of the payment for the housing and communal services will be carried out taking into account the level of incomes of the population and the measures of social protection of the low-income categories of citizens.

Decision of the Government of the Russian Federation No. 795 of November 17, 2001 on the Endorsement of the Rules of Rendering of Parking Services

Sets forth the procedure of regulation of relations in the sphere of services in the keeping of cars, motorcycles, scooters, as well as trailers and semitrailers for them on parking lots. Defines the obligatory requirements to the executor in consumer awareness of the rendered services. The payment for the rendered services is effected according to the procedure fixed in the written contract. The procedure of rendering services is different depending on whether the service is rendered on a nonrecurring or recurring basis.
An interesting item is the one stating that in case of a failure to execute the duty to remove the vehicle from the parking lot by the consumer, the executor may remove the vehicle on the basis of the court ruling and sell it. The amount obtained from the selling of the vehicle is handed over to the consumer less the amount due to the executor.

Decision of the Government of the Russian Federation No. 792 of November 17, 2001 on the Credits Granted from the Resources of the Federal Budget to Purchase Highway Equipment and Other Property Necessary to Maintain the Functioning of the Federal Highways

Allocated credits are granted for the term of up to 4 years to Russian highway construction organizations and leasing companies on the contest basis. The contest selection shall be arranged by the Ministry of Transport of the Russian Federation. The credits will be of tied nature and are allocated to pay for the actually purchased highway equipment and other property necessary to ensure the functioning of the federal highways.

Decision of the Federal Commission for Securities Market No. 28 of October 26, 2001 on the Endorsement of the Regulation on the Control System for Trade Organizers at Securities Market and Additional Requirements to Participants of Tenders and Issuers of Securities

The Regulation shall administer the relations pertaining to control executed by trade organizers at securities market over the deals with securities concluded through trade organizers during the trade session, as well as by participants of tenders and issuers whose securities are included in the tradable lists of the trade organizer. The Regulation defines the requirements to the system of monitoring and control of the bids and concluded deals in the trade system, to the system of control of participants of trade and issuers, as well as to trade organizers.
Registered in the Ministry of Justice of the Russian Federation on November 12, 2001. Reg. No. 3017.

Letter of the Ministry of Taxes and Revenues of the Russian Federation No. VT-6-21/819 of October 26, 2001 on the Amendments to the Instruction of the State Tax Service of Russia No. 33 of June 8, 1995 on the Procedure of Calculation and Payment to the Budget of the Property Tax for Enterprises

Explains that the amendments endorsed by the Order of the Ministry of Taxes and Revenues of the Russian Federation No. BG-3-21/292 of August 20, 2001 are entered into force from January 1, 2002. The payments due for presentation after the mentioned time limit (including those for the year 2001) shall be submitted to the tax body using the forms endorsed by the mentioned Order.

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