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 26.06.2003

Decision of the Government of the Russian Federation No. 363 of June 24, 2003 on the Partial Changes to the Customs Tariff of the Russian Federation

Adjusts the headings of individual commodities classified under Foreign Trade Commodity Nomenclature code 2101 (extracts and concentrates of coffee, tea, mate and finished products on their basis). The duty rates are not changed.
The Decision is entered into force one month after the day of its official publication.

Decision of the Government of the Russian Federation No. 361 of June 23, 2003 on the Measures to Ensure Execution of Obligations Assumed by the Russian Federation under the Joint Declaration of the Russian Federation and the European Union on the Transit Shipments between the Kaliningrad Province and the Rest of the Territory of the Russian Federation

Beginning with July 1, 2003, institutes the special procedure of drawing up of travel documents (tickets) to passengers and their boarding on the trains when travelling to the Kaliningrad Province from the rest of the territory of the Russian Federation in transit through the territory of the Lithuanian Republic and back.
The travel of the citizens of the Russian Federation through the Lithuanian territory is permitted in the presence of the travel document (ticket), personal identification document and the special document permitting the mentioned transit travel. Such document may be the visa or residence permit of the Lithuanian Republic, category A or B accreditation card of the Lithuanian Republic, simplified railway transit or travel document. In the absence of such document, all necessary information is sent via the terminals of the automatic system "Express" to the embassy of the Lithuanian Republic to get the travel permission. Within 26 hours from the moment of drawing up of the travel document (ticket) the passenger may get information on the issue of the permission for the transit travel for him by the embassy in any ticket window outfitted with the terminals of the mentioned system.

Order of the Russian Patent Agency No. 84 of June 6, 2003 on the Rules of Drawing up, Submission and Consideration of the Request for the Patent for the Industrial Prototype

Defines the procedure of drawing up, submission and consideration of the request for the patent for the industrial prototype. Protection of the industrial prototype includes the artistic design of the industrial or popular craft item that determines its appearance.
Registered in the Ministry of Justice of the Russian Federation on June 20, 2003. Reg. No. 4813.

Order of the State Mining and Industrial Supervision Agency of the Russian Federation No. 107 of June 2, 2003 on the Endorsement of Regulation on the Organisation and Implementation of Control over Observation by License Holders of the License Requirements and Terms for the Types of Activities in the Sphere of Reference of the State Mining and Industrial Supervision Agency of Russia

Control is implemented in the form of planned checks with the frequency specified by the bodies of the State Mining and Industrial Supervision Agency of the Russian Federation. Extraordinary checks may be arranged if there are written reports from the interested parties of violations of the license requirements and terms by the license holder, as well as to confirm elimination of the mentioned violations by license holders.
An directive act is drawn up as a result of the check indicating the particular violations of the license holder. The time specified for elimination of the violations resulting in the suspension of the license may not be greater than six moths. Otherwise, the license may be revoked by a court ruling.
Registered in the Ministry of Justice of the Russian Federation on June 19, 2003. Reg. No. 4750.

Order of the State Customs Committee of the Russian Federation No. 494 of May 12, 2003 on the Placing of the Precious Metals, Precious Stones and Raw Material Commodities Containing Precious Metals under the Customs Regimes of Processing on the Customs Territory, Processing under the Customs Control and Processing outside the Customs Territory

Import and export of the precious metals and stones listed in the Order under the mentioned customs regimes is permitted only for organisations and independent entrepreneurs using them in their production work.
The Order defines the particulars of issue of the license for processing by the customs office. To get it, it is necessary, in particular, to present the coordinated with the Ministry of Finance of the Russian Federation norms of output of products of processing of precious metals and stones, as well as of raw material commodities.
Registered in the Ministry of Justice of the Russian Federation on June 19, 2003. Reg. No. 4729.

Letter of the Ministry of Finance of the Russian Federation No. 28-04-02/1248/SSh of June 17, 2003 on Individual Issues of Professional Development of Auditors

To exchange the qualification certificates issued before September 10, 2001 (date of entry into force of the Law on auditing activities), permits professional development measures for auditors both on the annual basis and otherwise if there are justifiable reasons. This rule does not apply to the certificates issued, prolonged, exchanged in compliance with the mentioned Law without time restrictions, since according to Item 3 of Article 15 of this Law, the absence of the annual professional development with an auditor serves as grounds to revoke the qualification certificate.

Letter of the Ministry of Taxation of the Russian Federation No. RD-6-23/670@ of June 17, 2003 on the Reimbursement of the Valued Added Tax to Foreign Diplomatic Representations

Before October 1, 2003, foreign diplomatic representations must have reimbursed VAT amounts for commodities intended for official use. Consideration of applications of the mentioned representations and reimbursement of VAT amounts to them for the periods from January 1, 2001 to January 1, 2003 shall be arranged in the alphabetical order.

Letter of the Ministry of Taxation of the Russian Federation No. RD-6-23/664@ of June 16, 2003 on the Procedure of Application of Article "Dividends" of Individual Agreements on Avoidance of Double Taxation

Explains the procedure of recalculation into euros of the shares of capital of the residents of the contracting parties expressed in agreements on avoidance of double taxation in ECU and other earlier available national currencies of some of the European states.

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