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 10.02.2004

Decision of the Government of the Russian Federation No. 53 of February 6, 2004 on the Fixing of the Coefficient of Indexing of the Amount of the Monthly Insurance Payment under Obligatory Social Insurance against Industrial Accidents and Occupational Diseases

From January 1, 2004, the indexing factor for the amount of the monthly insurance payments in obligatory social insurance against industrial accidents and occupational diseases assigned before January 1, 2004 is fixed at 1.1.

Decision of the Government of the Russian Federation No. 52 of February 6, 2004 on the Cost of Insurance Year for the Years 2002-2004

The cost of insurance year is fixed in the following amounts: Rbl 504 for the year 2002, Rbl 756 for the year 2003, Rbl 1,008 for the year 2004. Amounts of insurance contributions to the Pension Fund of Russia is fixed proceeding from the cost of insurance year in the form of a fixed payment.

Decision of the Government of the Russian Federation No. 43 of January 30, 2004 on the Procedure of Application of the Anti-Dumping Duty for the Zinc-Coated Rolled Stock Originating in the Ukraine

Pursuant to the signing on January 23, 2004 of the Agreement between Russia and the Ukraine on the regulation of supplies to the Russian Federation of zinc-coated rolled stock originating in the Ukraine, the anti-dumping duty in the amount of 24.3% of the customs cost for the mentioned commodities is not collected during the period of the Agreement.

Order of the Ministry of Natural Resources of the Russian Federation No. 1151 of December 24, 2003 on the Endorsement of the Forms of the Notification of the Transborder Transportation of Waste and the Waste Transportation Document

Endorses the form of the notification of the transborder transportation of waste and the form of the waste transportation document.

Registered in the Ministry of Justice of the Russian Federation on February 2, 2004. Reg. No. 5515.

Order of the Ministry of Finance of the Russian Federation No. 2n of January 13, 2004 on the Form of the Agency State Statistical Monitoring No. 2-S "Information on Activities of the Insurance (Medical Insurance) Organisation for the Year ___ " and the Instruction on the Procedure of Drawing up and Submission of the Form of the Annual Statistical Reports of Insurance (Medical Insurance) Organisations

As compared to the earlier available Order of the Ministry of Finance of the Russian Federation No. 95N of November 28, 2001, shifts the time limits for the annually submitted information according to Form 2-S by insurance (medical insurance) organisations - no later than June 1, (earlier, May 15).

Insurance organisations concluding contracts of obligatory insurance of civil responsibility of owners of transport vehicles shall submit such information no later than August 1. The mentioned organisations shall submit for the reported year information on insurance premiums and payments under the contracts of obligatory insurance of civil responsibility of owners of transport vehicles, of concluded contracts and contracts where obligations terminated in the current year and other information.

The blank forms of the annual statistical reports shall be provided in insurance (medical insurance) organisations independently. It is permitted to introduce changes to the typical form only to extend or reduce the columns taking into account the significance of the figures. Introduction of additional and removal of individual requisites from the typical form is not permitted. All requisites of the endorsed typical form must remain intact (including codes of lines, form name, sections, subsections etc.).

The Order is entered into force beginning with the report for the year 2003.

Registered in the Ministry of Justice of the Russian Federation on January 29, 2004. Reg. No. 5505.

Operative Direction of the Central Bank of Russia No. 15-T of January 30, 2004 on the Opening of Bank Accounts by Credit Organisations

Explains that pursuant to the adoption of the Federal Law No. 185-FZ of December 23, 2003, legal entities and independent entrepreneurs do not need to present to the credit organisation the documents confirming the registration of the given entities as the payers of contributions to the state non-budgetary funds when opening bank accounts.

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