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 11.06.2003

Federal Law No. 72-FZ of June 9, 2003 on the Ratification of the Treaty between the Russian Federation and the Lithuanian Republic on the Russian-Lithuanian State Border

Ratifies the Treaty between Russia and the Lithuanian Republic on the Russian-Lithuanian state border singed in Moscow on October 24, 1997.

Decree of the President of the Russian Federation No. 624 of June 6, 2003 "Issues of the State Committee of the Russian Federation for Control over the Circulation of Narcotic and Psychotropic Substances"

Endorses the Regulation on the State Committee of the Russian Federation for Control over the Circulation of Narcotic and Psychotropic Substances and the structure of its central office.

      The State Committee of Russia for Control over the Circulation of Narcotic and Psychotropic Substances is the federal body of executive power specially designated to solve the tasks in the sphere of circulation of narcotic substances, psychotropic substances and their precursors, countermeasures against their illegal trafficking, as well as coordinating the activities of other federal bodies of executive power and the bodies of executive power of the subjects of the Russian Federation in this sphere.

      The State Committee of Russia for Control over the Circulation of Narcotic and Psychotropic Substances shall arrange and carry out the search of persons accused or suspected of crimes in the sphere of reference of the bodies of state drug enforcement and absconding from the bodies of investigation or court or those with unknown place of residence, provide for investigation in criminal cases in the sphere of reference of the state drug enforcement, process the cases of administrative violations, control activities of legal entities and independent entrepreneurs in the sphere of circulation of narcotic substances, psychotropic substances and their precursors etc.

      The State Committee of Russia for Control over the Circulation of Narcotic and Psychotropic Substances shall be headed by the Chairman in the rank of the federal minister.

      The Decree is entered into force from July 1, 2003.

Decision of the Government of the Russian Federation No. 333 of June 6, 2003 on the Implementation by the Federal Bodies of Executive Power of the Authority in Implementation of the Rights of the Owner of the Property of the Federal State Unitary Enterprise

Sets forth that coordination of the deals of the federal state unitary enterprise with respect to the federal immovable property assigned to it for economic management purposes (except for the leasing) and owned by the enterprise stocks, contributions (shares) in the registered (shared) capitals of economic companies and partnerships, as well as the decision of the enterprise to conclude a simple partnership contract, is vested in the Ministry of Property Relations of the Russian Federation.
The Ministry of Property Relations of Russia shall take the decision of coordination (refusal to coordinate) the deal within one month or submits appropriate proposals and documents to the Government of the Russian Federation while notifying within 5 days the enterprise and the federal body of executive power in charge of the coordination and regulation in the appropriate sphere (sphere of management).

Order of the Ministry of Internal Affairs of the Russian Federation No. 325 of May 13, 2003 on the Organisation of Issue of Permissions to Attract and Use Foreign Workforce

Endorses the blank form of the permission to attract and use foreign workforce in the crews of Russian sea vessels.

      The ministers of internal affairs, chiefs of directorates of internal affairs, departments of internal affairs of the subjects of the Russian Federation are ordered to organise from July 1, 2003 the drawing up and issue to employers, orderers of works (services) of permissions to attract and use foreign workforce from the CIS member-states except for the permissions to attract and use foreign workforce on the territory of several subjects of the Russian Federation or in the crews of the Russian sea vessels, as well as the registration of the issued permissions.

      Before the blank forms for attraction and use of foreign workforce are made, the issue of such permissions to employers, orderers of works (services) is implemented on the blank form of the permission endorsed by the Decree of the President of the Russian Federation No. 2146 of December 16, 1993.

      Registered in the Ministry of Justice of the Russian Federation on June 6, 2003. Reg. No. 4658.

Order of the Ministry of Transport of the Russian Federation No. 119 of April 17, 2003 on the Endorsement of the Rules of Granting of Subsidies and Subventions in 2003 to Organisations of the Highway, Air, Sea and River Transport

Sets forth the procedure of granting of subsidies and subventions from the federal budget in 2003 to organisations of the highway, air, sea and river transport regardless of the organisational and legal form.
Transport organisations getting the subsidies and subventions are determined on the contest basis.
The Ministry of Transport of the Russian Federation shall enjoy the authority to allocate the volumes of subsidies and subventions among transport organisations, to conclude contracts with transport organisations to grant subsidies and subventions etc.
Registered in the Ministry of Justice of the Russian Federation on June 6, 2003. Reg. No. 4650.

Order of the Ministry of Taxation of the Russian Federation No. BG-3-05/214 of April 25, 2003 on the Amendments to the Methodology Recommendations on the Procedure of Calculation and Payment of the Uniform Social Tax

The changes pertain to the taxation of payments in favour of foreign citizens and stateless persons. Beginning with January 1, 2003, the payments and remuneration under labour contracts and civil contacts for the works (services), authors' contracts in favour of foreign citizens and stateless persons are subject to taxation according to the commonly accepted procedure.

Letter of the Ministry of Taxation of the Russian Federation No. ShS-6-24/622 of June 3, 2003 on the Order of the Ministry of Taxation of Russia No. BG-3-24/149 of March 28, 2003

Explains the procedure of issue of the certificate of the absence of unsettled debts in taxes and other obligatory payments and violations of the tax legislation to the residents to get the permission to defer the payment for more than 90 days for the export of commodities (works, services, results of intellectual activities).

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