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 8.02.2006

Decision of the Government of the Russian Federation No. 68 of February 4, 2006 on the Endorsement of the Rules of Granting and Redistribution of Subsidies in 2006 from the Federal Fund of Co-Financing of Social Expenses for Partial Reimbursement of Expenses of the Budgets of the Subjects of the Russian Federation Pertaining to State Allowances to Citizens with Children, Measures of Social Support of Veterans of Labour and Logistic Support, Social Support of Rehabilitated Persons and Persons Having Become Victims of Political Repressions

The subsidies for partial reimbursement of the mentioned expenses of the budgets of the subjects of the Russian Federation shall be transferred to the budgets of the subjects of the Russian Federation on the accounts of the territorial bodies of the Federal Treasury. The subsidies shall be granted in the I quarter of 2006 proceeding from the amounts envisaged in Appendix 15 to the federal budget for 2006. In the II-IV quarters of 2006, the subsidies shall be granted according to the summary budget list of the federal budget for the appropriate quarter taking into account the right of redistribution of the amounts of subsidies among the subjects of the Russian Federation granted to the Ministry of Finance of Russia.

The Ministry of Finance of Russia may reduce amounts of subsidies to the subjects of the Russian Federation that have debts in execution of the mentioned obligations or residues of resources of the federal budget as of the reporting date, as well as augment the amounts of subsides to the subjects of the Russian Federation that do not have such debts.

Decision of the Government of the Russian Federation No. 66 of February 4, 2006 on the Procedure of Granting Subventions in 2006 from the Federal Budget to the Budgets of the Subjects of the Russian Federation to Provide Grants and Subventions to the Budgets of Closed Administrative Territorial Formations

Subventions and grants are provided for resettlement of citizens, development of social and engineering infrastructure, as well as to equalise the budgets of closed administrative territorial formations.

Subventions are provided by the Ministry of Finance of Russia through transfers to the budgets of subjects of the Russian Federation on the accounts of the territorial bodies of the Federal Treasury.

The Decision envisages a quarterly submission of reports of the use of subventions no later than the 15th of the month following the reported period by financial bodies of the subjects of the Russian Federation to the Ministry of Finance of Russia.

Decision of the Government of the Russian Federation No. 64 of February 2, 2006 on the Granting of Subsidies from the Federal Budget to the Budgets of the Subjects of the Russian Federation to Implement the State Support in the Sphere of Agroindustrial Complex

Specifies the procedure and terms of granting subsidies from the federal budget to the budgets of the subjects of the Russian Federation to implement state support in the sphere of agroindustrial complex.

Defines the list of the types of agricultural activities the Ministry of Agriculture of Russia may support and transfer subsidies to the budgets of the subjects of the Russian Federation. Up to 30% of the annual volume of resources envisaged for the subsidies may be transferred during the I quarter of 2006.

The subsidies shall be granted on the terms of: shared financing of expenses; assigning the body of the subject of the Russian Federation in charge of interaction with the Ministry of Agriculture; submission to the Ministry of Agriculture of Russia of information on the amount of resources of the budget of the subject of the Russian Federation allocated for the financing of expenses; submission to the Ministry of Agriculture of Russia of reports of financial and economic standing of producers of the agroindustrial complex of the subject of the Russian Federation.

Control over the use of the subsidies for designated purposes shall be vested in the Ministry of Agriculture of Russia and the Federal Service of Financial and Budget Enforcement.

Decision of the Government of the Russian Federation No. 54 of February 1, 2006 on the State Construction Enforcement in the Russian Federation

The Federal Service of Ecological, Technological and Nuclear Enforcement and the Ministry of Defence of Russia are entitled to implement the state construction enforcement in the Russian Federation in the sphere of objects of use of nuclear power, hazardous industrial objects, communication lines and objects of military infrastructure. The state construction enforcement of other objects is implemented in compliance with Article 54 of the City Planning Code by the bodies of executive power of the subjects of the Russian Federation.

The task of the federal bodies is prevention, as well as revealing and stopping of violations on the part of the construction party, client, contractor of compliance of works carried out in the process of construction, reconstruction, capital repair of objects of capital construction with the requirements of technical regulations, other normative legal acts and design documentation.

The enforcement shall be implemented by arranging checks. An act is drawn up as a result of the check and an order is issued on its basis. After the end of construction, reconstruction, capital repair of the object of capital construction, the body of state construction enforcement shall carry out a (final) check to assess the carried out works and take the decision to issue a statement of compliance or refuse to issue such statement.

Provides criteria to qualify the objects of capital construction as specially hazardous, technically complicated and unique objects.

Before introduction of changes in the Code of Administrative Violations of the Russian Federation, higher officials of the Federal Service of Ecological, Technological and Nuclear Enforcement and its territorial bodies shall implement the authority of the heads of inspections of the state architectural and construction enforcement.

Decision of the Government of the Russian Federation No. 877 of December 31, 2005 on the Procedure for Providing Invalids at the Expense of Resources of the Federal Budget with Technical Means of Rehabilitation and Individual Categories of Veteran Citizens with Prosthetic Appliances (Other Than Dentistry Prosthetic Appliances)

Defines the procedure of providing invalids (except for the invalids of industrial accidents and occupational diseases) at the expense of resources of the federal budget with technical means of rehabilitation envisaged in the Order of the Government of the Russian Federation No. 2347-r of December 30, 2005 and individual categories of veteran citizens with prosthetic appliances (other than dentistry prosthetic appliances).

Appropriate applications shall be submitted by invalids, veterans or their representatives to the executive bodies of the Social Insurance Fund at the place of residence and shall be processed by authorised bodies within 15 days.

The Decision applies to legal relations emerging from January 1, 2006.

Decision of the Government of the Russian Federation No. 876 of December 31, 2005 on the Procedure of Providing Financial Support in 2006 of Expenses to Pay for the Services of Additional Preventive Medical Examinations of Working Citizens and Initial Medical and Sanitary Aid Rendered to Them at the Expense of Resources from the Budget of the Federal Fund of Obligatory Medical Insurance Transferred to the Social Insurance Fund of the Russian Federation

Specifies the procedure of financing in 2006 of expenses of organisations rendering medical services to pay for the additional preventive examinations of working citizens and initial medical and sanitary aid rendered to working citizens at the expense of resources from the budget of the Federal Fund of Obligatory Medical Insurance transferred to the Social Insurance Fund.

The financing of expenses to pay for the additional preventive examinations and initial medical and sanitary aid is arranged under a contract concluded according to the typical form endorsed by the Decision between the regional division of the Social Insurance Fund, territorial fund of obligatory medical insurance and the organisation rendering medical services holding a license for medical activities.

Financial support of expenses to pay for the services of additional preventive examinations of working citizens and initial medical and sanitary aid rendered to them shall be provided in 2006 by the Social Insurance Fund at the expense of resources transferred from the budget of the Federal Fund of Obligatory Medical Insurance in the amount of Rbl 7 billion.

The Decision is entered into force from January 1, 2006.

Order of the Ministry of Finance of the Russian Federation No. 167n of December 30, 2005 on the Endorsement of the Form of the Ledger of Incomes and Expenses of Organisations and Independent Entrepreneurs Using the Simplified System of Taxation and Its Filling Procedure

Endorses a new form of the ledger of incomes and expenses of organisations and independent entrepreneurs using the simplified system of taxation and its filling procedure.

Organisations and independent entrepreneurs using the simplified system of taxation shall register all economic operations for the reported (tax) period in chronological sequence on the basis of initial documents using positional notation.

Registered in the Ministry of Justice of the Russian Federation on February 3, 2006. Reg. No. 7453.

Order of the Ministry of Internal Affairs of the Russian Federation No. 1059 of December 28, 2005 on the Endorsement of the Instruction on the Forming and Keeping of the Register of Participants of the Accumulated Mortgage System of Housing Support for Servicemen of Internal Troops of the Ministry of Internal Affairs of Russia

The Instruction on the forming and keeping of the register of participants of the accumulated mortgage system of housing support for servicemen of internal troops of the Ministry of Internal Affairs of Russia is endorsed to organise the work to form and keep the register itself, as well as to submit to the Department of Quarterage and Logistic Construction of the Command of Internal Troops of the Ministry of Internal Affairs of Russia information on participants of the accumulated mortgage system of housing support for servicemen of internal troops of the Ministry of Internal Affairs of Russia necessary for inclusion in the register and keeping of the personal savings accounts.

The Instruction specifies that participants may include contract servicemen of internal troops of the Ministry of Internal Affairs of Russia being the citizens of the Russian Federation and included in the register. The participants may include: persons having graduated from military educational institutions to become an officer from January 1, 2005; officers called up to the military service from the reserve and having concluded the first contract from January 1, 2005; warrant officers with the total length of contract military service of 3 years beginning with January 1, 2005; sergeants and sergeant-majors, non-rated men having concluded the second contract for the military service no sooner than January 1, 2005 wishing to participate.

The register shall be formed and kept by the body in charge of registration. According to the Instruction, the register shall be kept on paper and electronic media. Registration number is assigned to each participant when included in the register. The time limit for entry in the register of the record of inclusion of the serviceman in the register or exclusion from it may not be greater than 3 months from the date of the appropriate event.

The Instruction specifies the list of the grounds to include a serviceman in the register. Lists of persons wishing to be included in the register are formed in the military units where the given persons serve. No later than the first of the month following the reported one, the lists are sent to the districts of internal troops of the Ministry of Internal Affairs of Russia where a summary list is prepared on the basis of them. The summary list is a document confirming the grounds for inclusion of the serviceman in the register. Summary lists shall be sent to the body in charge of registration no later than the 10th of each month.

The Instruction specifies the grounds and procedure of entry of changes in the register, as well as exclusion of servicemen from it. The grounds to exclude may be: dismissal from the military service; exclusion from the payroll because of the death or recognised missing or deceased.

To provide for the forming and keeping of the register, special commissions will be created in the military management bodies to prepare information and documents for the register. The Instruction specifies that officials found guilty of unmotivated inclusion or refusal to include the servicemen in the register shall bear responsibility according to the procedure specified in the legislation of the Russian Federation. Commanders of military units shall bear personal responsibility for the processing in due time of reports of servicemen to include them in the register.

Beside the Instruction, the Order specifies the forms of the list for inclusion of serviceman in the register of participants of the accumulated mortgage system of housing support for servicemen of internal troops of the Ministry of Internal Affairs of Russia, summary list, report of inclusion of serviceman in the register and some other forms.

Registered in the Ministry of Justice of the Russian Federation on February 3, 2006. Reg. No. 7452.

Order of the Ministry of the Industry and Power Supplies of the Russian Federation No. 2 of January 10, 2006 on the Endorsement of the Form of the Resource Certificate

Decision of the Government of the Russian Federation No. 726 of December 5, 2005 defined the rules of export of liquefied hydrocarbon gases (codes according to the Foreign Trade Commodity Nomenclature of Russia 2711 12 110 0-2711 19 000 0, 2901 10 100 0 and 2901 10 900 0). It specified, in particular, that registration of supplies of liquefied hydrocarbon gasses for export shall be carried out by the customs bodies on condition of submission by oil and oil-and-gas processing organisations of special resource certificates. The certificates confirm availability with organisations exporting liquefied hydrocarbon gasses of appropriate products in volumes sufficient for export, taking into account the schedules of supplies of liquefied gasses to the internal market of the Russian Federation.

In execution of the mentioned Decision of the Government, the Ministry of the Industry and Power Supplies of Russia endorses the form of the resource certificate. The certificate shows which quantity of liquefied gasses in tons must be supplied by exporter to the internal market of the country. The period is specified within which the organisation may export a certain amount of tons of gasses abroad.

The certificate is filled out for each type of liquefied gas separately. Each certificate must be certified with the seals of the organisation possessing the resources and the oil and gas processing, petrochemical factory.

The certificate is drawn up in triplicate and is submitted to the regional divisions of the customs bodies, the Federal Customs Service, Federal Power Supply Agency.

Registered in the Ministry of Justice of the Russian Federation on February 3, 2006. Reg. No. 7448.

Order of the Federal Service for Financial Markets No. 05-81/pz-n of December 15, 2005 on the Endorsement of the Regulation on the Activities of a Specialised Depositary Having Concluded a Contract for the Services of a Specialised Depositary to the Federal Body of Executive Power Providing for the Functioning of the Accumulated Mortgage System of Housing Support for Servicemen

Specifies the requirements to the activities of the specialised depositary having concluded a contract for the services of a specialised depositary to the federal body of executive power providing for the functioning of the accumulated mortgage system of housing support for servicemen.

The specialised depositary shall undertake to store certificates for certified securities, as well as register the rights for uncertified securities used to invest the savings of the housing support of servicemen. It shall also control management companies providing trust control for the savings.

Registered in the Ministry of Justice of the Russian Federation on February 3, 2006. Reg. No. 7447.

Order of the Ministry of Emergency Situations of the Russian Federation, Ministry of Information Technologies and Communication of the Russian Federation, Ministry of Culture and Mass Communication of the Russian Federation No. 877/138/597 of December 7, 2005 on the Endorsement of the Regulation on the Organisation of Operative Maintenance of the Warning Systems for the Population

Specifies the procedure of technical maintenance, current repair works, as well as planning and registration of operation and repair works of the territorial warning systems for the population. These functions are vested in the communication organisations, communication operators or TV and radio broadcasting organisations.

The Regulation is intended for the use of the federal bodies of executive power, bodies of executive power of the subjects of the Russian Federation, as well as communication organisations, communication operators, federal state unitary enterprise Russian TV and Radio Broadcasting Network and its branches and organisations.

Registered in the Ministry of Justice of the Russian Federation on February 3, 2006. Reg. No. 7443.

Order of the Federal Customs Service No. 1130 of December 2, 2005 on the Regulation on the Federal Customs Service

Specifies general rules of organisation of activities of the Federal Customs Service of Russia in implementation of its authority and interaction with other federal bodies of executive power, including the procedure of interaction with the Ministry of Economic Development of Russia supervising it. The Regulation also defines the structure of the Federal Customs Service of Russia, sphere of reference of its managing bodies, procedure of planning and organisation of work to execute the orders, prepare draft normative legal acts and also in other spheres of activities.

Registered in the Ministry of Justice of the Russian Federation on February 2, 2006. Reg. No. 7438.

Order of the Ministry of the Industry and Power Supplies of the Russian Federation No. 301 of November 11, 2005 on the Endorsement of the Method of Determination of the Norms of Free Coal Rations for Household Needs Handed out to Pensioners and Other Categories of Persons Living in Coal Producing Regions in Homes with Stove Heating and Entitled to Get Them in Compliance with the Legislation of the Russian Federation

The worked out method is intended for the determination of the norms of free coal rations handed out to pensioners and other categories of persons entitled to get them in compliance with the legislation of the Russian Federation because of liquidation of mines, open-cast collieries and divisions of the paramilitary rescue units during the restructuring of the coal industry.

The norms are calculated taking into account the natural and climatic characteristics of the coal producing regions, quality of the housing fund, maximum hourly heat consumption for heating per square meter of dwelling space in a particular coal producing region, estimated ambient temperature of the heated rooms and the coal mark.

Registered in the Ministry of Justice of the Russian Federation on February 1, 2006. Reg. No. 7432.

Direction of the Central Bank of Russia No. 1654-U of February 1, 2006 on the Invalidation of the Direction of the Bank of Russia No. 374-U of October 5, 1998 on the Repo Operations

Invalidates the Direction of the Central Bank of Russia having introduced an interim procedure for repo operations with the bonds of the Central Bank of Russia. Being in effect now is the Direction of the Central Bank of Russia No. 1365-U of December 30, 2003 on the particulars of direct repo operations carried out by the Bank of Russia with credit organisations.

The Direction is entered into force 10 days after the day of its official publication in the Herald of the Bank of Russia.

Letter of the Central Bank of Russia No. 12-T of February 1, 2006 on the Procedure of Providing Information of State Registers to Credit Organisations in Compliance with the Federal Law on the Combating of Legalisation (Laundering) of Incomes Obtained in a Criminal Way and Financing of Terrorism

Explains the procedure of execution by the federal bodies of executive power of their duty to provide to organisations carrying out operations with monetary resources or another property information of the Joint State Register of Legal Entities, Summary State Register of Representations of Foreign Companies Accredited on the Territory of the Russian Federation, as well as information on the lost, invalid passports, passports of deceased natural persons, lost blank passports.

Letter of the Central Bank of Russia No. 10-T of January 31, 2006 on the Inclusion of Securities in the Lombard List of the Bank of Russia

The Lombard List shall include now the bonds of the Foreign Trade Bank with the state registration number of issue 40401000Â and the bonds of the OAO Russian Railways with the state registration number of issues 4-04-65045-D, 4-06-65045-D, 4-07-65045-D.

Contact Us

Leave us a message