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 15.03.2004

Decision of the Government of the Russian Federation No. 141 of March 15, 2004 on the Endorsement of the Coefficient of Indexing of the Estimated Pension Capital

From April 1, 2004, the coefficient of indexing of the estimated pension capital of the insured as of January 1, 2003 is fixed in the amount of 1.177.

The Decision is entered into force from April 1, 2004.

Decision of the Government of the Russian Federation No. 138 of March 11, 2004 on the Amendment to the Customs Tariff of the Russian Federation Pertaining to Parts and Auxiliaries for Weighing Machines

The rate of the import customs duty for parts and auxiliaries for weighing machines (code according to the Foreign-Trade Commodity Nomenclature 9016 00 900 0) is reduced two times and is fixed in the amount of 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 Ministry of Taxation of the Russian Federation No. BG-3-07/734 of December 31, 2003 on the Endorsement of the Procedure of Purchase, Registration and Storage of the Special Stamps for Tobacco and Tobacco Items Produced on the Territory of the Russian Federation

Defines the rules of purchase, registration and storage of the special stamps for tobacco and tobacco items produced on the territory of the Russian Federation. The sale of the special stamps is vested in the territorial tax bodies only for organisations producing tobacco and tobacco items registered at the place of production of the given labelled products and possessing a valid license for production of tobacco items.

The purchased special stamps may not be resold, handed over or alienated in other forms to other organisations and entities except for the return to the territorial tax bodies in envisaged cases.

The payment and receiving of the special stamps may not be made by other organisations for the organisation producing tobacco items.

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