Windfall tax for major companies to be introduced in Russia

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Monitoring of the Federal Legislation dated 27.04.2004

Decision of the Government of the Russian Federation No. 219 of April 23, 2004 On Amending the Regulations On the Restructuring of Debts of the Budgets of the Subjects of the Russian Federation and of Credit Institutions To the Federal Budget Approved by Decision of the Government of the Russian Federation No. 543 of July 19, 2002

In accordance with the amendments the restructuring shall apply to the debts of the budgets of the RF subjects and credit institutions to the federal budget accrued as on January 1, 2004 according to the results of the stock-taking of objects of accounting to be shown in the balance sheet of implementation of the 2003 federal budget.
The executive authorities of the RF subjects and credit institutions shall, by agreement with relevant departments of registers of liquidated organizations, submit prior to August 1, 2004 to the Ministry of Finance of Russia a request to reduce the debts under centralized credits for the amount of debts of liquidated organizations and also registers of the liquidated organizations.

Decision of the Government of the Russian Federation No. 217 of April 23, 2004 On the Extension of Validity of Decision of the Government of the Russian Federation No. 355 of June 20, 2003

The validity of rate of the import customs duty for rice and products of flour and cereals out of rice (codes of the Commodity Nomenclature of the RF Foreign Economic Activity 1006, 1103 19 500 0, 1103 20 500 0, 1104 19 910 0, 1108 19 100 0) earlier fixed at 10 per cent of the customs value, but not less than 0,03 Euro per kilogram, is extended for another 9 months.
The Decision shall take effect as from April 24, 2004.

Decision of the Government of the Russian Federation No. 216 of April 23, 2004 On Amending Decision of the Government of the Russian Federation No. 264 of May 7, 2003

It alters the procedure for application of insurance tariffs by insurers when assessing an insurance premium under contracts of obligatory insurance of the civil responsibility of owners of transport vehicles. The amendments fix the coefficients to be used in assessing insurance premiums for obligatory insurance of the civil responsibility of owners of transport vehicles registered in Byelorussia and temporarily used in the territory of Russia.
The Decision shall have effect pending the accession of Russia to the international system of obligatory insurance of the civil responsibility of car owners.

Order of the Government of the Russian Federation No. 520-p of April 26, 2004

It approves the structure of the Staff of the Government of the Russian Federation. The ultimate number of employees of the Staff shall total 954 units. The Staff structure is constituted by: deputies of the Head of the Staff, authorized representatives of the Government of the Russian Federation at Chambers of the RF Federal Assembly, at the Constitutional Court of the Russian Federation, the Supreme Court of the Russian Federation and the Higher Arbitration Court of the Russian Federation, secretariats, 12 departments.

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