Windfall tax for major companies to be introduced in Russia

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Monitoring of the Federal Legislation dated 23.01.2003

Decision of the Government of the Russian Federation No. 34 of January 22, 2003 on the Assignment of the Bank of Foreign Economic Activities of the USSR (Vnesheconombank) to Act As the State Management Company in Charge of Trust Management of Resources of the Pension Savings

Vnesheconombank is assigned to act as the state management company in charge of trust management of the resources of pension savings in favour of the insured who did not enjoy their right of choice of investment portfolio.

Decision of the Government of the Russian Federation No. 33 of January 21, 2003 on Additional Payments to Employees of the Bodies of the Ministry of Internal Affairs of the Russian Federation, Institutions and Bodies of the Criminal Execution System of the Ministry of Justice of the Russian Federation, State Fire Service of the Ministry of the Russian Federation for Civil Defence, Emergency Situations and Elimination of Consequences of Natural Disasters, Federal Bodies of the Tax Police and the Customs Bodies of the Russian Federation

The listed employees shall get bonuses for exemplary execution of service duties and material aid.
Lumpsum monetary awards for conscientious execution of service duties at the end of the calendar year may be paid out in the amount of 3 salaries proceeding from the amount of salaries as of December 31 of the year for which the award is paid out. The Decision lists the cases when the bonus is not paid out.
Besides, the mentioned persons may get material aid on the annual basis in the amount of at least 2 salaries.
The heads of the appropriate federal bodies of executive power are permitted to define within allocated resources the procedure of paying out of increased lumpsum monetary awards at the end of the calendar year, single bonuses to employees for especially complicated and important tasks, as well as rendering of additional material aid.
The Decision applies to legal relations emerging from July 1, 2002.

Decision of the Government of the Russian Federation No. 32 of January 21, 2003 on the Amendments to the Decision of the Government of the Russian Federation No. 887 of August 2, 1999

Federal bodies of executive power envisaging military service in them, possessing their allocated state housing fund and providing housing and communal services shall compensate expenses pertaining to subsidies to persons undergoing or having undergone contract service and members of their families at the expense of resources allocated from the federal budget.
Procedure of submission of information and drawing up of the documents necessary for the granting of the mentioned subsidies is defined by the heads of the federal bodies of executive power.
Some categories of citizens that cannot get subsidies on common grounds because of the particulars of their military service may get the subsidy in the form of the monetary compensation of the housing and communal services expenses. The monetary compensation is paid out in the amount of the subsidy these citizens could get on common grounds.
The Decision applies to legal relations emerging from July 1, 2002.

Order of the Ministry of Transport of the Russian Federation No. 155 of December 5, 2002 on the Licensing of Individual Types of Activities at the Internal Water Transport

Endorses the form of the license to carry out cargo and passenger transportation by internal water transport, as well as for loading an unloading activities on internal water transport.
Registered in the Ministry of Justice of the Russian Federation on January 17, 2003. Reg. No. 4133.

Order of the State Construction Committee of the Russian Federation No. 309 of December 25, 2002 on the Implementation in 2003 of Subprogram "Relocation of the Citizens of the Russian Federation from Decrepit and Breakdown Housing Fund" in the Framework of the Target Federal Program "Housing" for the Years 2002-2010

Sets forth the procedure and principles of granting to regions of monetary resources allocated from the federal budget to relocate citizens from ramshackle and wreck housing fund.
The resources are allocated to relocate the citizens from two categories of houses and space unfit for living:
- houses and space that may be fit for living after capital repair, modernisation and reconstruction;
- houses and space that cannot be rebuilt (including those for economic expediency reasons).
Registered in the Ministry of Justice of the Russian Federation on January 16, 2003. Reg. No. 4121.

Order of the Ministry of Finance of the Russian Federation No. 109n of November 12, 2002 on the Amendments to the Order of the Ministry of Finance of the Russian Federation No. 3n of January 15, 2001 on the Endorsement of the Rules of Entry of Contributions in the Framework of the Uniform Social Tax (Contribution) on Accounts of the Federal Treasury Bodies of the Ministry of Finance of the Russian Federation and Transfer of These Resources to the Budgets of the State Social Non-Budgetary Funds, As Well As Entry of Arrears, Penalties and Fines in Insurance Contributions to the State Social Non-Budgetary Funds (Including the State Employment Fund of the Russian Federation) as of January 1, 2002 on These Accounts and Transfer of the Mentioned Resources to the Budgets of the State Social Non-Budgetary Funds and the Federal Budget

The rules of entry of the uniform social tax on the accounts of the federal treasury bodies of the Ministry of Finance of the Russian Federation are being brought in compliance with the amendments to the Tax Code of the Russian Federation introduced by the Federal Law No. 198-FZ of December 31, 2001.
The Order is entered into force ten days after the day of its publication.
According to the Statement of the Ministry of Justice of the Russian Federation No. 07/11967 YuD of December 19, 2002, the Order does not need state registration.

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