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 27.11.2003

Decision of the Government of the Russian Federation No. 710 of November 25, 2003 on the Endorsement of the Rules of Providing Non-Discriminatory Access for Carriers to the Infrastructure of the Public-Use Railway Transport

Defines the general principles and procedure of providing non-discriminatory carrier access to the infrastructure of the public-use railway transport in cases of its restricted throughput capacity. Envisages equal terms of services in the use of the infrastructure rendered to carriers regardless of their organisational and legal form, legal and property relations with the owner of the infrastructure.

Decision of the Government of the Russian Federation No. 707 of November 24, 2003 on the Amendments to the Customs Tariff of the Russian Federation Pertaining to Individual Types of Furniture

Refines the rates of import customs duties for individual types of wooden furniture for sleeping-rooms. Thus, the import rates for the furniture with the franco border price of the country of import not greater than EUR 1.8 per kg of gross weight is fixed in the amount of EUR 0.75 per kg (earlier, 20% of the customs cost, however, not less than EUR 0.6 per kg). The term "gross weight" in this case means the total commodity weight with all kinds of packing materials and containers preserving it during storage and transportation. The total commodity weight does not include the weight of the packing materials or containers evidently fit for subsequent repeated use.
For commodities classified under Headings 9403 50 000 9, 9403 60 100 9 and 9403 60 900 9 of the Foreign Trade Commodity Nomenclature (other furniture), the rate of the import duty is fixed in the amount of 20% of the customs cost. For furniture parts of wood, the rate is fixed in the amount of 20% of the customs cost, however, not less than EUR 0.75 per kg (earlier, 20% of the customs cost, however, not less than EUR 0.5 per kg).
The Decision is entered into force one month after the day of its official publication.

Direction of the Central Bank of Russia No. 1340-U of November 5, 2003 on the Amendments to the Regulation of the Bank of Russia No. 205-P of December 5, 2002 on the Rules of Accounting Work in Credit Organisations Located on the Territory of the Russian Federation

Section 4 "Client Operations" now does not include Balance Accounts 40102 "Incomes and Other Receipts of the Federal Budget" and 40103 "Incomes and Other Receipts of the Federal Budget Allocated to Make Payments from the Federal Budget". Amounts transferred by the federal treasury bodies to the accounts of appropriate budgets and budgets of state funds, returned taxes, fees and other payments to payers are entered on the debit of Account 40101.
The Direction changes the description of Account 40105 "Resources of the Federal Budget", 40106 "Resources of the Federal Budget Allocated to State Organisations", 40107 "Resources of the Federal Budget Allocated to Non-State Organisations" and 40811 "Resources for Elections. Elections Bail".
The Direction is entered into force 10 days after the day of its official publication in the Herald of the Bank of Russia.
Registered in the Ministry of Justice of the Russian Federation on November 26, 2003. Reg. No. 5267.

Order of the Ministry of Economic Development of the Russian Federation No. 337 of November 11, 2003 on the Deflator Coefficient for the Year 2004

Fixes the deflator coefficient for the year 2004 corresponding to the consumer price index for commodities (works, services) of the Russian Federation in the amount of 1.133.
Registered in the Ministry of Justice of the Russian Federation on November 25, 2003. Reg. No. 5262.a.

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