Windfall tax for major companies to be introduced in Russia

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Monitoring of the Federal Legislation dated 5.02.2002

Order of the Ministry of Taxes and Fees of the Russian Federation No. BG-3-02/585 of December 29, 2001 On the Approval of Instructions On the Filling-in of Declaration On the Profit Tax of Organizations

With the objective to implement Chapter 25 "Profit Tax" of the Tax Code of the Russian Federation the Instructions establish a procedure for filling in forms of the profit tax declaration approved by Order of the Ministry of Taxes and Fees of the Russian Federation No. BG-3-02/542 of December 7, 2001.
Registered with the Ministry of Justice of the Russian Federation in January 28, 2002. Registration No. 3196.

Decision of the Government of the Russian Federation No. 70 of January 29, 2002 On the Federal Directed Program "The Older Generation For 2002-2004"

The purpose of the program is to create conditions to improve the quality of life of citizens of the older generation by developing a network of social service centers, providing the availability of medical care, educational, cultural-recreation and other services. In order to achieve the said goals it is planned to carry out a selective inspection of material and living conditions of elderly people, to reinforce a material and technical base of social security agencies, etc.
The realization of the planned measures will make it possible, in particular, to set up a new-type of agencies to provide elderly people with vitally important services ( gerontological centers, small-capacity apartment houses, houses of temporary stay, gerontological and psychiatric centers, mobile social services, hospitals of medical and social aid, hospices, community centers (clubs) for elderly people).

Order of President of the Russian Federation No. 19 of January 14, 2002 On the Invalidation of Order of President of the Russian Federation No. 1513 of December 3, 1992 On Measures To Rebuild the Merchant Fleet of Russia

The Order to be invalidated provided for the creation of the Fund to Rebuild the Merchant Fleet and a part of the profit tax paid by sea and river transport enterprises was to be transferred to accounts of that Fund. Moreover, under the Order, those enterprises were granted several privileges in payment of customs duties and in payment for land.

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