Windfall tax for major companies to be introduced in Russia

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Monitoring of the Federal Legislation dated 18.08.2003

Decision of the Government of the Russian Federation No. 476 of August 8, 2003 on the Amendments to and Invalidation of Some of the Decisions of the Government of the Russian Federation on the Railway Transport

The amendments are introduced pursuant to the adoption of the set of federal laws regulating the functioning of the railway transport, as well as specifying the particulars of management and disposing of the property of this type of transport.
Also specifies that rehabilitated persons and persons recognised to be the victims of political repressions enjoy the right for free travel on the suburban railway transport using travel documents (tickets). Earlier this benefit was granted upon presentation of the certificate for the right of benefits.
Free travel for servicemen on the suburban railway transport is also granted to travel documents (tickets) issued on the basis of the personal identification documents.
The changes are also introduced in section "Group Eight" of the Classification of Fixed Assets Included in Amortisation Groups endorsed by the Decision of the Government of the Russian Federation No. 1 of January 1, 2002.
Invalidates Decisions of the Government of the Russian Federation No. 768 of October 7, 1992 on tariff rates for the cargo railway transportation, No. 997 of October 13, 1995 on the state regulation of prices (tariff rates) for the products (services) of natural monopolies, No. 1135 of October 1, 1998 on the beneficial railway tariff rates for transportation of potato, vegetables, fruits, fish and fish products and some other.

Decision of the Plenum of the Higher Arbitration Court of the Russian Federation No. 16 of July 31, 2003 on Some Issues of the Practice of Application of Administrative Responsibility Envisaged in Article 14.5 of the Code of Administrative Violations of the Russian Federation for the Failure to Use Cash Registers

Pursuant to the entry into force of the Federal Law No. 54-FZ of May 22, 2003, explains the procedure of application by courts of administrative sanctions for the sale by organisations and independent entrepreneurs of commodities (works, services) without cash registers.
The failure to use the cash register is implied to be the actual failure to use the cash register (including its absence), or use of a cash register not registered in the tax bodies, or use of a cash register not included in the State Register.
If the organisation or independent entrepreneur uses the types of cash registration equipment mentioned in the law other than cash registers, the mentioned persons may not be called to account for the failure to use cash registers.
Before endorsement by the Government of the Russian Federation of the strict-reporting forms issued to replace cash registers in specified cases, the use by organisations and independent entrepreneurs of strict-reporting documents according to the forms endorsed by the Ministry of Finance of the Russian Federation upon coordination with the State Interagency Expert Commission for Cash Registers may not serve as grounds to apply sanctions for the failure to use cash registers.
The Decision emphasis that the sale of alcoholic and alcohol-containing products to citizens without cash registers is an administrative violation implying responsibility envisaged in Article 14.5 of the Code of Administrative Violations, not Part 3 of Article 14.16 "Violation of the Rules of Sale of Ethyl Alcohol, Alcoholic and Alcohol-Containing Products".

Order of the Federal Commission for Securities Market No. 03-1405/r of July 9, 2003 on the Endorsement of the Qualification Minimum for the Basic Qualification Examination for the Managers, Controllers and Specialists of Organisations Engaged in Professional Activities at Securities Market, for the Managers and Specialists of Organisations Engaged in the Management of Investment Funds, Shared Investment Funds and Non-State Pension Funds, As Well As for the Managers and Specialists of Organisations Engaged in Activities of Specialised Depositaries of Investment Funds, Shared Investment Funds and Non-State Pension Funds

Lists the minimum lists of questions, legislative and normative documents to be mastered on obligatory basis for qualified execution of the functions of the listed managers, controllers or specialists.

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