Windfall tax for major companies to be introduced in Russia

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Monitoring of the Federal Legislation dated 27.09.2005

Decree of the President of the Russian Federation No. 1111 of September 23, 2005 on the Amendment to the List of Confidential Information Endorsed by the Decree of the President of the Russian Federation No. 188 of March 6, 1997

The list of confidential information shall include information on the protected persons and measures of state protection under the Federal Law No. 119-FZ of August 20, 2004 on the state protection of victims, witnesses and other participants of proceedings in criminal cases.

The Decree is entered into force from the day of its signing.

Decision of the Government of the Russian Federation No. 581 of September 26, 2005 on the Endorsement of the Rates of Export Customs Duties for Commodities of Oil Exported from the Territory of the Russian Federation outside the Member-States of the Customs Union Agreements

Increases the rates of export customs duties for lubrication oils and spent oil products, as well as for liquid fuels, petrolatum and petroleum coke, from USD 57.4 to USD 71.9 per ton. Besides, increases export customs duties for propane, butanes, xylenes, light and medium distillates, gas oils, benzene, toluene, ethylene, propylene and other liquefied gases from USD 106.6 to USD 133.5 per ton.

The Decision is entered into force one months after the day of its official publication.

Decision of the Government of the Russian Federation No. 579 of September 21, 2005 on the Procedure of Spending and Registration of Resources Provided in the Form of Subventions from the Federal Budget to the Budgets of the Subjects of the Russian Federation to Pay out State Lumpsum Allowances and Monthly Monetary Compensations to Citizens in Cases of Postvaccination Complications

The volume of subventions provided to the budgets of the subjects of the Russian Federation is determined proceeding form the number of persons entitled for the payments, as well as from the specified amounts of state lumpsum allowances and monthly monetary compensations.

Distribution and redistribution of subventions is vested in the Federal Agency for Public Health and Social Development. The bodies of executive power of the subjects of the Russian Federation must report the spending of subventions on the quarterly basis no later than the 15th of the month following the reported period.

Decision of the Government of the Russian Federation No. 578 of September 21, 2005 on the Amendment to the Decision of the Government of the Russian Federation No. 266 of April 28, 2005

The form of the document confirming the decision of coordination of rearrangement of the dwelling space refines the columns specifying the sending of the mentioned decision to the applicant and the receiving of it.

Decision of the Government of the Russian Federation No. 576 of September 21, 2005 on the Endorsement of the Rules of Making Deductions by Organisations Operating Production Facilities and Objects Featuring Special Radiation and Nuclear Hazards (Except for Nuclear Power Stations) to Generate Reserves to Ensure the Safety of the Mentioned Production Facilities and Objects on All Stages of Their Life Cycle and Development

The list of organisations (except for the nuclear power stations) that must make deductions to generate reserves intended for the safety of their production facilities and objects on all stages of their life cycle and development is determined by the Government of the Russian Federation. Four types of reserves are envisaged that need deductions in the amount of 2% to 6% of the receipts obtained from sale of commodities (works, services). Particular amounts of normatives are determined by the federal bodies of executive power in charge of the state control of the use of nuclear power.

Deductions are included in expenses of organisations pertaining to production and/or sale of commodities (works, services) and are taken into account in pricing.

The rules are entered into force from January 1, 2006.

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