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 27.01.2005

Order of the Federal Service for Tariff Rates No. 236-e of December 7, 2004 on the Endorsement of the Procedure of Coordination of the Decisions of the Bodies of Executive Power of the Subjects of the Russian Federation in the Sphere of State Regulation of Tariff Rates on the Tariff Rates Exceeding the Limiting Level Specified by the Federal Body of Executive Power in the Sphere of State Regulation of Tariff Rates

Defines the procedure of examination of issues pertaining to coordination of the decisions of the bodies of executive power of the subjects of the Russian Federation in the sphere of state regulation of tariff rates exceeding the limiting level of tariff rates for electric and thermal power specified by the federal body of executive power in the sphere of the state regulation of tariff rates.

The grounds for the examination of the issue of coordination of the decision is the official application of the body of executive power of the subject of the Russian Federation in the sphere of the state regulation of tariff rates on the applicant letterhead sent to the Federal Service for Tariff Rates of Russia.

The Decision, upon examination of the application, is taken by the Federal Service for Tariff Rates of Russia no later than within 30 calendar days from the day of accepting it for consideration. The Order lists the cases when the application is being processed in the absence of the applicant representatives.

Registered in the Ministry of Justice of the Russian Federation on January 18, 2005. Reg. No. 6264.

Decision of the Social Insurance Fund of the Russian Federation No. 111 of December 22, 2004 on the Endorsement of the Form of the Estimate Sheet for the Resources of the Social Insurance Fund of the Russian Federation (Form 4-FSS RF)

Endorses the new form of the estimate sheet for the resources of the Social Insurance Fund of the Russian Federation (Form 4-FSS RF). The form applies beginning with the report for the I quarter of 2005.

Invalidates Form 4-FSS RF endorsed by the Decision of the Social Insurance Fund of the Russian Federation No. 130 of December 1, 2003.

According to the Statement of the Ministry of Justice of the Russian Federation No. 01/80-VYA of January 13, 2005, the Decision does not need the state registration.

Letter of the Social Insurance Fund of the Russian Federation No. 02-18/07-81 of January 12, 2005 on the Calculation of the Maternity Allowances

Before the adoption of the special legislative acts, the maternity allowance is paid out in the amount of the average earnings regardless of the length of uninterrupted service taking into account the specified limiting amount of the allowance.

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