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 5.01.2003

Decision of the Government of the Russian Federation No. 941 of December 30, 2002 on the Procedure of Granting of the Work Permission to Foreign Citizens and Stateless Persons

The work permission is the document confirming the right of a foreign employee for temporary work on the territory of the Russian Federation or the right of a foreign citizen having registered as an independent entrepreneur to carry out entrepreneurial activities.
The permission is issued to the employer or the orderer of work (services) for each foreign employee, as well as to the foreign citizen having registered as an independent entrepreneur. The permission is issued under the condition of transfer by the employer or the orderer of works (services) of resources necessary to ensure the departure of each foreign worker by the appropriate type of transport from the Russian Federation. Applications are submitted to the territorial body of the Ministry of Internal Affairs. The time limit for consideration of the application may not be greater than 30 working days from the day of submission of the application with all necessary documents drawn up appropriately.
The earlier issued confirmations for the right of work preserve their force until expiry.
Before the special blank forms of the work permission are made, the mentioned permission will be drawn up on blank forms of confirmations for the right of work endorsed by the Decree of the President of the Russian Federation No. 2146 of December 16, 1993.

Decision of the Government of the Russian Federation No. 940 of December 30, 2002 on the Authority of the Federal Bodies of Executive Power to Implement the Rights of the Owner of the Property of the Federal State Unitary Enterprise

Federal bodies of executive power shall execute coordination with respect to their subordinate federal state unitary enterprises in:
- creation of branches and representations;
- conclusion of deals pertaining to granted loans, bails, obtained bank guarantees, other encumbrances, claims cession, debt transfers;
- borrowings;
- decisions on large deals, deals of interest of the head of the enterprise, except for the deals with immovable property;
- hiring of the chief accountant of the enterprise, signing, changing and termination of the labour contract with him.
Besides, these bodies endorse accounting and other reports of the enterprise.

Decision of the Government of the Russian Federation No. 938 of December 30, 2002 on the Writing Off of the Restructured Debt of Credit Organisations to the Federal Budget in Penalties and Fines

The tax bodies, from the moment of redemption of the half or full amount of the restructured debt, as well as the debt in payment to the federal budget of amounts of taxes and fees of clients of credit organisations having concluded an adjustment accord in compliance with the Law on the restructuring of credit organisations, under the condition of the full and timely transfer of current tax payments by them, as well as the early redemption of this debt within two or four years after conclusion of the adjustment accord, shall write off the half or full amount of the debt respectively of credit organisations to the federal budget in penalties and fines.

Decision of the Government of the Russian Federation No. 931 of December 26, 2002 on the Endorsement of the Rates of Export Customs Duties for Commodities Exported from the Russian Federation Outside the Member-States of the Customs Union Agreements

Refines the number of commodities (fish, sea water and salt solutions, some minerals and metals, alcoholic drinks, paper and other) exported duty-free from the Russian Federation outside the member-states of the Customs Union agreements.
The Decision is entered into force one month after the day of its official publication.

Decision of the Government of the Russian Federation No. 930 of December 26, 2002 on the Endorsement of the Rules of Medical Certification of the Intoxication of the Person Driving a Transport Vehicle and Drawing Up of Its Results

Medical certification shall apply to drivers of transport vehicles with enough reasons to suspect their intoxication. The certification is carried out on the basis of the protocol of medical certification order singed by the official in charge of the state enforcement of and control over the traffic and transport vehicle safety and the driver prosecuted for the administrative violation.
The certification is carried out in public health organisations possessing an appropriate license or in specially outfitted mobile stations.
The act of the medical certification is drawn up in duplicate with one copy handed out to the official having delivered the driver to the public health organisation, and the second one being preserved in the respective public health organisation.

Regulation of the Ministry of Finance of the Russian Federation and the Central Bank of Russia No. 132n/210-P of December 20, 2002 on the Procedure of Termination of Operations on Accounts of the Federal Budget of 2002 Opened in OPERU-1 of the Bank of Russia

Sets forth the procedure of termination of operations on accounts of the federal budget of 2002 opened in OPERU-1 of the Bank of Russia.
The Regulation is entered into force from December 26, 2002.
Registered in the Ministry of Justice of the Russian Federation on December 26, 2002. Reg. No. 4079.

Regulation of the Ministry of Finance of the Russian Federation and the Central Bank of Russia No. 131n/209-P of December 20, 2002 on the Procedure of Termination of Operations on Accounts of the Federal Budget of 2002 Opened in the Divisions of the Payment Network of the Bank of Russia

Sets forth the procedure of termination of operations on accounts used to register the incomes distributed by the federal treasury bodies of the Ministry of Finance of the Russian Federation between the levels of the budget system of the Russian Federation, incomes and resources of the budgets of all levels of the budget system of the Russian Federation and the state non-budgetary funds. Also specifies the procedure of termination of operations on accounts used to register the resources of the federal budget.
The Regulation is entered into force from December 26, 2002.
Registered in the Ministry of Justice of the Russian Federation on December 26, 2002. Reg. No. 4078.

Regulation of the Ministry of Finance of the Russian Federation and the Central Bank of Russia No. 130-n/208-P of December 20, 2002 on the Procedure of Termination of Operations on Accounts of the Federal Budget of 2002 Opened in Credit Organisations (Branches)

Sets forth the procedure of termination of operations on accounts of the federal budget of 2002 opened in credit organisations (branches). The heads and chief accountants of credit organisations bear responsibility for the timely carrying out of operations on accounts of the federal budget of 2002. The heads and chief accountants of financial control departments, organisations with the budget accounts opened in credit organisations bear responsibility for the timely submission of payment orders. The Regulation is entered into force from December 26, 2002.
Registered in the Ministry of Justice of the Russian Federation on December 26, 2002. Reg. No. 4077.

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