Windfall tax for major companies to be introduced in Russia

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Monitoring of the Federal Legislation dated 19.05.2003

Message of the President of the Russian Federation Vladimir Putin to the Federal Assembly of the Russian Federation

Among major perspective tasks for the period until 2010 are the two-times increase of the gross domestic product, overcoming indigence, modernisation of the Armed Forces, providing for the full rouble convertibility at the external and the internal markets.
The main principles of the tax policy must remain the simplicity of taxation and applied legal norms, equality of the subjects of taxation and reasonable level of taxes. The mentioned principles must be taken into account in the implementation of the tax reform.

Order of the Ministry of Transport of the Russian Federation No. 118 of April 17, 2003 on the Endorsement of the Federal Aviation Rules "Regulation on the Procedure of Clearing for Operation of Single Prototypes of Air Vessels of the General-Purpose Aviation"

The Rules contain procedures providing for the certification of single prototypes of air vessels of the general-purpose aviation and the general technical requirements to the single prototypes of air vessels.
The single prototype without the type certificate, not produced earlier or at present in series, made in the amount of 1 to 3 pieces is permitted for operation in the presence of the airworthiness certificate.
The earlier issued documents permitting to fly single prototypes of air vessels in the civil aviation preserve their force after the Rules are entered into force.
Registered in the Ministry of Justice of the Russian Federation on April 23, 2003. Reg. No. 4441.

Order of the Federal Commission for Securities Market No. 03-606/r of April 1, 2003 on the State Registration by the Federal Commission for Securities Market and Its Regional Divisions of Issues of Emission Securities

Endorses the rules of delimitation of the authority in the state registration of issues of emission securities on the territory of the Russian Federation between the Federal Commission for Securities Market of the Russian Federation and its regional divisions.
Specifies the new list of issuers whose documents for the state registration of issues of emission securities are presented to the Federal Commission for Securities Market of the Russian Federation.
The Order is entered into force 10 days after the day of its publication.

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