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 9.06.2005

Decision of the Government of the Russian Federation No. 355 of June 6, 2005 on the Amendments to the Decision of the Government of the Russian Federation No. 1057 of September 13, 1994

Amends the list of countries using the preference scheme of the Russian Federation. The mentioned list includes Democratic Republic of Congo, Serbia and Montenegro, Democratic Republic of East Timor and Eritrea. The list does not include now Zaire, Cyprus, Malta, Slovenia and Yugoslavia.

Specifies that the national scheme of preferences must be revised periodically - at least once in five years, not annually, as was specified earlier.

Decision of the Government of the Russian Federation No. 353 of June 6, 2005 on the Endorsement of the Rules of Rendering Services of Wired Radio Broadcasting

The endorsed rules shall regulate relations between the citizen or legal entity and communication operator when rendering services of wired radio broadcasting.

Communication operator shall convey to the user a sound program (programs) over the network of wired radio broadcasting from 6:00 to 24:00 local time with a break not greater than 1 hour on working days in the daytime.

The contract for the services of wired radio broadcasting is effected through concluding actions, considered to be concluded from the date of transfer by the user of the payment for the access to the network of wired radio broadcasting provided by the operator. If the applicant wishes so, the contract with him may be concluded in written form. The contract is concluded for an indefinite period of time, but the period may be fixed if the applicant wishes so. Tariff rates for the services of wired radio broadcasting are specified by the communication operator if otherwise is not envisaged in the legislation. The settlement period to put forward the bill for the rendered services makes 1 month. The payment shall be made no later than within 10 days from the end of the settlement period.

The rules are entered into force form July 1, 2005.

Decision of the Government of the Russian Federation No. 352 of June 6, 2005 on the Procedure for Paying the State Duty for the Appeal (Application) to Court on Issues of Military Service by Draft Servicemen

Reimbursement of expenses for the payment of the state duty for the appeal (application) to court on issues pertaining to military service to servicemen is vested in the military units at the place of service. The procedure of reimbursement of the mentioned expenses to servicemen is specified by the heads of the federal bodies of executive power where the military service is envisaged by the federal law.

The Decision applies to legal relations emerging from January 1, 2005.

Order of the Ministry of Finance of the Russian Federation No. 66n of May 19, 2005 on the Endorsement of the Form of the Tax Estimate for Advance Payments for the Land Tax and Its Filling Recommendations

In pursuance of Item 2 of Article 398 of the Tax Code, endorses the form of the tax estimate for advance payments for the land tax (KND Form 1153003) and its filling recommendations. Tax estimates are presented by the taxpayer during the whole of the tax period for each reporting period no later than the last of the month following the expired reporting period. The estimate at the end of the reporting period is submitted to the tax bodies where the taxpayers are registered at the place of location of the land plots. If the taxpayer has several objects of taxation on the territory of one municipal formation, only one estimate is submitted to the tax body where the taxpayer is registered at the place of location of the land plots.

The Order shall apply beginning with the estimates of advance payments of the land tax for the second reporting period of 2005.

Registered in the Ministry of Justice of the Russian Federation on June 6, 2005. Reg. No. 6692.

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