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 5.03.2005

Decree of the President of the Russian Federation No. 243 of March 3, 2005 on Amendments to the List of Information Qualified As the State Secret Endorsed by the Decree of the President of the Russian Federation No. 1203 of November 30, 1995

Amends the list of information in the sphere of economy, science and technology qualified as the state secret pertaining to the state reserves of precious metals and stones.

The Decree shall apply to legal relations emerging after February 18, 2004.

Decision of the Government of the Russian Federation No. 115 of March 3, 2005 on the Endorsement of the Rate of the Import Customs Duty for Rice and Flours and Groats of It

Endorses for 9 months the new import rates for rice and fours and groats of it (codes according to the Foreign Trade Commodity Nomenclature of Russia 1006, 1103 19 500 0, 1103 20 500 0, 1104 19 910 0 and 1108 19 100 0) in the amount of EUR 0.07 per kg (earlier, 10% of the customs cost).

The Decision shall enter into force one month after the day of its official publication.

Decision of the Government of the Russian Federation No. 110 of March 2, 2005 on the Endorsement of the Procedure for the State Enforcement of Activities in the Sphere of Communication

Before the adoption of the special normative legal act, the state inspectors in charge of enforcement of communication and information technologies shall be entitled to enter freely administrative and technological rooms and structures (objects) of communication of civil destination while presenting their service identification document to implement their authority in the specified sphere of activities.

The state enforcement of activities in the sphere of communication on the territory of the Russian Federation and the territories supervised by the Russian Federation is vested in the Federal Service of Enforcement in the Sphere of Communication. The state enforcement includes enforcement and control over observation by legal entities, independent entrepreneurs and natural persons of obligatory requirements and norms specified in the normative legal acts in the sphere of communication, as well as control over observation of legislation of the Russian Federation on the licensing in the sphere of communication.

Enforcement and control over observation of requirements in the sphere of communication includes arranging and implementation of checks.

Decision of the Government of the Russian Federation No. 107 of March 2, 2005 on the Measures to Implement the Federal Law on the Federal Budget for the Year 2005

For the year 2005, specifies the limit of granted tax credits, respites and extension plans for the payment of federal taxes and fees in the amount not greater than Rbl 1,000 million, and not greater than Rbl 500 million for commodities moved across the customs border of the Russian Federation.

The recipient of the budget resources, when he concludes contracts covered from the federal budget for communication services, subscription for printed matter and its purchase, professional development courses, purchase of air and railway tickets, tickets for the urban and suburban transport, as well as accommodations for sanatorium and resort treatment, may envisage advance payments in the amount of 100%. For other contracts, it is permitted to envisage advance payments in the amount of 30% of the contract volume.

The Decision lists the acts of the Government of the Russian Federation prolonged for the year 2005 pursuant to the adoption of the Federal Law on the federal budget for the year 2005.

Decision of the Government of the Russian Federation No. 108 of March 2, 2005 on the Uniform State Examination Arranged in 2005

In 2005, continues the experiment of introduction of the uniform state examination providing for the combining of the state (final) certification of the leavers of the 11th (12th) forms of institutions of secondary education and entrance examinations to institutions of higher and secondary professional education.

Decision of the Government of the Russian Federation No. 99 of March 1, 2005 on Invalidation of the Decision of the Government of the Russian Federation No. 295 of May 20, 2003

The invalidated Decision empowered the Ministry of Property Relations with the authority of the representative of the owner of the property of the debtor - the state unitary enterprise - in bankruptcy proceedings.

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