Windfall tax for major companies to be introduced in Russia

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Monitoring of the Federal Legislation dated 25.12.2003

Federal Law No. 176-FZ of December 23, 2003 on the Execution of the Budget of the Social Insurance Fund of the Russian Federation for the Year 2002

Endorses the report of execution of the budget of the Social Insurance Fund of the Russian Federation with incomes including the residues on the account as of January 1, 2002 amounting to Rbl 140,535.0 million and expenses amounting to Rbl 125,607.8 million.
The Federal Law is entered into force from the day of its official publication.

Federal Law No. 175-FZ of December 23, 2003 on the Budget of the Pension Fund of the Russian Federation for the Year 2004

In 2004, the financing of the expenses for the pension support will be carried out within the limits of the endorsed structure of expenses proceeding from the fact that the amounts of the basic parts of the labour old-age, disability and lost-breadwinner pension will be indexed taking into account the rate of inflation, however, not more than by 10.4%.
The amount of the insured part of the labour pension is forecasted to be indexed proceeding form the expected level of price growth for the appropriate periods, i.e. 6.5%.
The amount of the insured part of the labour pension will be increased in addition by 9% from April 1, 2004.
The Federal Law is entered into force from April 1, 2004.

Decision of the Government of the Russian Federation No. 771 of December 23, 2003 on the Amendments to the Customs Tariff of the Russian Federation

Specifies that other maize, soy beans for sowing and other, as well as flour and meal and pellets of fish or crustaceans, molluscs, and other aquatic invertebrates are imported duty free. Earlier, the rate of the import duty for the mentioned commodities amounted to 5% of the customs cost.
The Decision is entered into force one month after the day of its official publication for 9 months.

Order of the State Customs Committee of the Russian Federation No. 1343 of November 27, 2003 on the Endorsement of the Regulation on the Inclusion of Legal Entities in the Register of Customs Carriers and Its Keeping Procedure

Specifies the procedures of consideration of applications of legal entities wishing to be included in the Register of Customs Carriers and get the certificates of inclusion in the Register of Customs Carriers, as well as the procedure of removal of legal entities from the Register.
The Order is entered into force from January 1, 2004.
Registered in the Ministry of Justice of the Russian Federation on December 22, 2003. Reg. No. 5354.

Order of the Ministry of Transport of the Russian Federation No. 194 of September 30, 2003 on the Endorsement of the Instruction on the Registration of Incomes and Expenses in the Ordinary Types of Activities on the Internal Water Transport

Endorses the industry sector Instruction in compliance with the international standards of financial reports.
The Instruction is intended for all organisations regardless of the form of ownership with activities in the sphere of internal transport being the predominant ones. Diversified organisations recognising the receipts from the services rendered in the sphere of internal water transport to be important for themselves shall apply the Instruction when recording incomes and expensed for these services. The Instruction does not apply to small businesses using the simplified form of recording of incomes and expenses.
The Order defines the composition of incomes and expenses for the main type of activities of organisations of the internal water transport, procedure of accepting the incomes and expenses in accounting work and in the report of profits and losses of organisations of the internal water transport.
Provisions of the Instruction shall apply in the building of the record keeping policy and organisation of accounting work, in the determination of the financial results and in accounting reports, as well as in the calculation of the net cost of individual types of transportation services for the purposes of economic analysis, financial planning, price forming and other managerial tasks.
Registered in the Ministry of Justice of the Russian Federation on December 18, 2003. Reg. No. 5346.

Order of the Ministry of Justice of the Russian Federation and the Social Insurance Fund of the Russian Federation No. 317/280 of December 10, 2003 on the Endorsement of the Procedure of Interaction of the Social Insurance Fund of the Russian Federation, Its Executive Bodies and the Tipstaff Service of the Ministry of Justice of the Russian Federation in Cases of Forced Execution of the Decisions of the Executive Bodies of the Social Insurance Fund of the Russian Federation on the Collection of Arrears in Insurance Contributions and Penalties at the Expense of the Property of the Insurants, As Well As Other Execution Documents on the Collection in Favour of the Social Insurance Fund of the Russian Federation

Defines the terms of interaction of executive bodies of the Social Insurance Fund of Russia and the tipstaff services of the territorial bodies of the Ministry of Justice of Russia in cases of forced execution of the decisions of executive bodies of the Social Insurance Fund of Russia on collection of arrears in insurance contributions for obligatory social insurance against industrial accidents and occupational diseases, as well as the penalties at the insurant expense. The mentioned interaction is implemented to ensure a forced collection of the debt of organisations and natural persons in insurance contributions.
Registered in the Ministry of Justice of the Russian Federation on December 18, 2003. Reg. No. 5344.

Order of the State Customs Committee of the Russian Federation No. 1199 of October 27, 2003 on the Endorsement of the Regulation on the Protection of the Rights for the Intellectual Property by the Customs Bodies

Defines the uniform procedure of ensuring protection of the rights for the intellectual property by the customs bodies, including the procedure of submission of applications for the measures to suspend production of commodities, requirements to the information contained in the application depending on the type of the object of intellectual property, procedure of keeping of the Customs Register of the Objects of Intellectual Property.
The measures of suspension of production of commodities are not applied by the customs bodies for commodities containing the objects of intellectual property and moved across the customs border by natural persons or sent in international postal dispatches in insignificant quantities if such commodities are intended for personal, family, household and other needs other than entrepreneurial activities.
The Order is entered into force from January 1, 2004.
Registered in the Ministry of Justice of the Russian Federation on December 18, 2003. Reg. No. 5341.

Order of the Russian Patent Agency No. 165 of December 11, 2003 on the Amendments to the Procedure of Reinstatement of the Patent of the Russian Federation for the Invention, Useful Model, Industrial Prototype

The amendments bring the mentioned procedure in compliance with the Federal Law No. 22-FZ of February 7, 2003 on the amendments to the Patent Law of the Russian Federation inasmuch as it pertains to the secret inventions.
The Order is entered into force from January 1, 2004.
Registered in the Ministry of Justice of the Russian Federation on December 18, 2003. Reg. No. 5338.

Order of the Russian Patent Agency No. 162 of December 11, 2003 on the Amendments to the Rules of Issue of the Copy of the Patent of the Russian Federation for the Invention, Industrial Prototype, Useful Model, Certificate for the Useful Model, Trade Mark, Service Mark, Right of Use of the Name of the Place of Origin of the Commodity, Copyright Document of the USSR and the Certificate of Official Registration of the Computer Program, Database or Integrated Circuit Layout

The amendments bring the mentioned rules in compliance with the Federal Law No. 22-FZ of February 7, 2003 on the amendments to the Patent Law of the Russian Federation inasmuch as it pertain to the secret inventions.
The Order is entered into force from January 1, 2004.
Registered in the Ministry of Justice of the Russian Federation on December 17, 2003. Reg. No. 5335.

Order of the Russian Patent Agency No. 161 of December 11, 2003 on the Amendments to the Rules of Drawing up, Submission and Consideration of the Application for the Patent for the Invention

The amendments bring the mentioned rules in compliance with the Federal Law No. 22-FZ of February 7, 2003 on the amendments to the Patent Law of the Russian Federation inasmuch as it pertains to the secret inventions.
The Order is entered into force from January 1, 2004.
Registered in the Ministry of Justice of the Russian Federation on December 17, 2003. Reg. No. 5334.

Order of the Ministry of Natural Resources of the Russian Federation No. 1026 of November 19, 2003 on the Endorsement of the Procedure of Redrawing of the Licenses for the Use of the Parts of Mineral Deposits

Defines the rules of examination of materials and taking decisions pertaining to the redrawing of the licenses for the use of the parts of mineral deposits. The endorsed procedure is obligatory for all legal entities and natural persons wishing to redraw the licenses for the use of the parts of mineral deposits.
Lists the documents submitted for the redrawing of the license. The documents are examined by the Ministry of Natural Resources of Russia or its territorial bodies within 30 days. The redrawing is charged with the license fee providing for the reimbursement of the expenses for the expert evaluation of the materials and the redrawing of the documents.
Registered in the Ministry of Justice of the Russian Federation on December 17, 2003. Reg. No. 5333.

Order of the Ministry of Finance of the Russian Federation No. 115n of December 11, 2003 on the Amendments to the Directions on the Procedure of Application of the Budget Classification of the Russian Federation Endorsed by the Order of the Ministry of Finance of the Russian Federation No. 127/n of December 11, 2002

Amends and extends the classification of incomes of the budgets of the Russian Federation, the functional classification of expenses of the budgets of the Russian Federation, economic classification of expenses of the budgets of the Russian Federation, as well as the lists of the tied items of these classifications.
Provides a new wording for the classification of the sources of internal financing of the deficits of the budgets of the Russian Federation and the agency classification of expenses of the federal budget.

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