Windfall tax for major companies to be introduced in Russia

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Monitoring of the Federal Legislation dated 25.03.2005

Decision of the Government of the Russian Federation No. 156 of March 23, 2005 on the Amendments to the List of Codes of the Types of Foodstuffs According to the All-Russia Classifier of Products Subject to the Value Added Tax at the 10% Rate at Sale Endorsed by the Decision of the Government of the Russian Federation No. 908 of December 31, 2004

Refines the codes of the following commodities: offal, edible animal fats, canned meat and vegetables and beans in blubber oil, butter, dairy products, sugar, other products of the mills and groats industry, bi-products and waste, combination fodder, bread of rye and wheat mills and mixed, bakery, bread crumb, alimentary pastes, groats, mills, some fishes and other.

The Decision is entered into force from the day of its official publication and applies to legal relations emerging from March 1, 2005.

Decision of the Government of the Russian Federation No. 154 of March 23, 2005 on the Amendments to the Decision of the Government of the Russian Federation No. 864 of December 29, 2004

Changes the procedure of financing of expenses pertaining to the state social aid granted to citizens in the form of social services. In 2005, such financing may be arranged regardless of the availability in the subject of the Russian Federation of a medical insurance organisation.

Specifies that resources allocated from the federal budget are intended to cover expenses of the territorial funds of obligatory medical insurance to control the quality, organisational and technical measures to provide the citizens with necessary medicines in the amount of 3% of the total volume of resources allocated for these purposes.

Decision of the Government of the Russian Federation No. 148 of March 21, 2005 on the Abolition of Some of the Governmental Coordination and Advisory Bodies Pursuant to Implementation of the Measures of Improvement of State Management

Abolishes the Advisory Council for the Issues of National and Cultural Autonomies of the Government of the Russian Federation and the Interagency Commission for the Appeals of Citizens of the Russian Federation Pertaining to Restrictions of Their Right of Exit from the Russian Federation.

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