Windfall tax for major companies to be introduced in Russia

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Monitoring of the Federal Legislation dated 22.09.2003

Decision of the Government of the Russian Federation No. 576 of September 16, 2003 On the Authorized Federal Executive Body To Ensure State Control Over the Activity of Administrator of the Electric Energy (Power) Wholesale Market Trading System

The RF Ministry for Anti-Monopoly Policy and Promotion of New Economic Structures is designated as the authorized federal executive body to ensure state control over the activity of administrator of the wholesale market trading system providing for the functioning of the electric energy (power) wholesale market.

Order of the State Customs Committee of the Russian Federation No. 920 of August 22, 2003 On the Endorsement of Regulations On the Procedure For Adoption of Preliminary Decisions On the Classification of Goods In Accordance With the Commodity Nomenclature of Foreign Economic Activity and On the Country of Goods' Origin

Preliminary decision shall be taken by the customs body upon an application in writing of an interested person prior to presentation to the customs body of goods for customs clearance. Preliminary decision shall be issued only to the applicant and shall be valid within five years since its adoption unless it has been altered or withdrawn or unless its validity has been terminated.
It lays down requirements to the content and form of the written application for adoption of preliminary decision made by the applicant to the customs body.
Preliminary decision shall be made within 90 days as from receipt of application by the customs body. Should it be required to furnish additional information, the period for taking preliminary decision shall be counted from receipt by the customs body of the latest document containing the applied-for data.
This order shall take effect as from January 1, 2004.
Registered with the Ministry of Justice of the Russian Federation in September 17,2003. Registration No. 5080.

Letter of the Ministry of Taxes and Fees of the Russian Federation No. 04-4-10/287-Ya563 On Exemptions From Taxes and Fees Granted to Great Patriotic War Invalids

It clarifies some issues concerning the application of privileges of Great Patriotic War invalids and persons equated to them as concerns payment of the stamp duty, tax on individuals' property, tax on property transferred by way of inheritance or gift, land and transport tax.

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