Windfall tax for major companies to be introduced in Russia

Garant – Free Online Demo

Legal information system for your company.
Simply click on the button «Start working» and the system Legislation of Russia in English will be available for unlimited time.

Daily Monitoring of the Legislation

Monitoring of the Federal Legislation dated 24.08.2005

Decision of the Government of the Russian Federation No. 534 of August 22, 2005 on the Experiment to Create the State System of Free Legal Aid for Low-Income Citizens <br>

The experiment will be carried out during the year 2006 in 10 subjects of the Russian Federation: Republic of Karelia, Chechen Republic, Volgograd, Irkutsk, Magadan, Moscow, Samara, Sverdlovsk, Tomsk and Ulyanovsk provinces. 10 state legal advice bureaus will be created in the mentioned subjects to be coordinated and regulated by the Federal Registration Service.

The state legal advice bureaus will provide advice on legal issues in oral and written form, draw up applications, appeals, requests and other documents of legal nature, as well as represent low-income citizens in civil proceedings, executive proceedings in civil cases and represent their interests in the bodies of local government, public associations and other organisations. The mentioned legal aid will be rendered free of charge.

Order of the Federal Service for Financial Markets No. 05-23/P3-N of June 22, 2005 on the Endorsement of the Regulation on the Requirements to the Procedure and Time Limits for Disclosing Information Pertaining to Activities of Joint-Stock Investment Funds and Management Companies of Shared Investment Funds, As Well As to the Content of Disclosed Information <br>

If the information has to be disclosed through publication in a newsreel, such publication must be arranged in at least one information agency and/or another organisation with mass media status authorised by the Federal Service for Financial Markets of Russia for the public presentation of information. Such information must be disclosed until 19:00 Moscow time of the last day when it must be published.

Information that has to be disclosed through the Internet must be published on the Internet page of the joint-stock investment fund or the management company of the shared investment fund or another page in the Internet.

The Order specifies the requirements to the content of disclosed information, including the requirements to the estimate of profitability of investment activities of the joint-stock investment fund and the management company of the shared investment fund.

Registered in the Ministry of Justice of the Russian Federation on August 19, 2005. Reg. No. 6928.

Order of the Ministry of Finance of the Russian Federation No. 83n of July 4, 2005 on the Endorsement of the Procedure of Keeping of the Summary Register of Chief Administrators, Administrators and Recipients of Resources of the Federal Budget <br>

The summary register is intended for use of the Federal Treasury and its territorial bodies, chief administrators, administrators and the Ministry of Finance of Russia to provide cash services for the execution of the federal budget. Inclusion of chief administrators, administrators and recipients in the summary register is a necessary prerequisite for the opening of appropriate personal accounts for them in the territorial bodies of the Federal Treasury. When administrators and recipients are included in the summary register, they obtain a code regardless of the opening of appropriate personal accounts in the territorial bodies of the Federal Treasury. The building and keeping of the summary register is vested in the Federal Treasury.

The Order is entered into force from October 1, 2005.

Registered in the Ministry of Justice of the Russian Federation on August 19, 2005. Reg. No. 6925.

Order of the Ministry of Internal Affairs of the Russian Federation No. 665 of August 12, 2005 on the Amendments to the Order of the Ministry of Internal Affairs of Russia No. 177 of March 16, 2004 <br>

Changes the procedure of arranging the checks of organisations and natural persons in the presence of sufficient information showing the signs of a crime pertaining to violation of legislation of the Russian Federation on taxes and fees. Specifies the maximum duration of the mentioned checks: it may not be greater than 30 days. The beginning of the check is the day when the decision to carry it out was taken (earlier, the day of presenting of the decision to the organisation or natural person). Provides a new list of officials of the bodies of internal affairs authorised to assign the check.

The amendments do not envisage the right of the bodies of internal affairs to seal cash departments, rooms of storage of documents, money and commodity and material values during the checks.

Registered in the Ministry of Justice of the Russian Federation on August 19, 2005. Reg. No. 6922.

Order of the Federal Tax Service No. MM-3-22/395@ of August 17, 2005 on the Amendments to the Appendices to the Order of the Ministry of Taxation of the Russian Federation No. VG-3-22/495 of September 19, 2002 on the Endorsement of the Forms of Documents for the Use of the Simplified System of Taxation <br>

In pursuance of the changes in Chapters 26.2 and 26.3 of the Tax Code of the Russian Federation, provides a new wording for the forms No. 26.2-1 "Application for the Switchover to the Simplified System of Taxation" and No. 26.2-5 "Report of the Loss of the Right for the Simplified System of Taxation".

Contact Us

Leave us a message