Windfall tax for major companies to be introduced in Russia

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Monitoring of the Federal Legislation dated 27.08.2002

Decision of the Government of the Russian Federation No. 629 of August 24, 2002 on the Amendments to the Procedure and Terms of Return of Underpaid Monetary Compensations to Citizens Exposed to Radiation because of the Chernobyl Disaster Endorsed by the Decision of the Government of the Russian Federation No. 455 of June 8, 2001

The amendments are stipulated by the need to bring the Decision of the Government of the Russian Federation in compliance with the Decision of the Supreme Court of the Russian Federation having invalidated the norm restricting the amount of damage compensation to servicemen having become invalids because of the Chernobyl disaster to Rbl 700 per month. The mentioned servicemen, regardless of the received length-of-service pension, are entitled for damage compensation on equal basis with other citizens having suffered because of the Chernobyl disaster.
In this case, the monetary subsistence taken into account in the determination of the amount of monetary compensation includes the salary for the most recent position, salary for the grade as of the day of dismissal from service, as well as the percent supplement for the length of service for these salaries.

Decision of the Government of the Russian Federation No. 627 of August 24, 2002 on the Cost of Living in Per Capita Figures and for the Main Socio-Demographic Groups of Population for the Whole of the Russian Federation for the II Quarter of 2002

The cost of living for the whole of the Russian Federation for the II quarter of 2002 is fixed to amount to Rbl 1,804 in per capita figures, Rbl 1,960 for able-bodied population, Rbl 1,383 for pensioners, Rbl 1,795 for children. In the I quarter of 2002 the cost of living figures were as follows: Rbl 1,719 per capita, Rbl 1,865 for able-bodied population, Rbl 1,313 for pensioners, Rbl 1,722 for children.

Letter of the Ministry of Finance of the Russian Federation No. 28-05-01/1324/AP of August 2, 2002

Independent auditors and audit organizations, including those having received earlier the licenses for audit of credit organizations issued by the Bank of Russia, must report within 15 days the changes in the information entered in the register of licenses of the Ministry of Finance of the Russian Federation at the address of: 9 Ilyinka St, Moscow, 109097.

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