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 18.09.2006

Decision of the Government of the Russian Federation No. 557 of September 11, 2006 on the Amendments to the Targeted Federal Program "Housing" for the Years 2002-2010



The amendments are stipulated by the revision of the mechanisms of financing of the measures of subprogram “Providing Communal Infrastructure for the Land Plots for the Purposes of Housing Construction of the federal targeted program "Housing" for the years 2002-2010.

The Decision increases significantly the volume of resources attracted from the budgets of the subjects of the Russian Federation in the framework of the total planned volume of financing of the subprogram (from Rbl 22.5 million to Rbl 223.2 million). Reduces simultaneously the share of financial participation of private investors and creditors, which makes Rbl 39.9 million (instead of Rbl 240.6 million).

This is because at the first stage of implementation of the subprogram (2006-2007), the projects of providing communal infrastructure for the land plots implemented by economic subjects will not enjoy state support. Instead, the state support will be provided to investment projects of the bodies of state power of the subjects of the Russian Federation.

Initially, it was envisaged that the Russian Federation shall act as a guarantor for the borrowings of the subjects of the Russian Federation and municipal formations intended to provide communal infrastructure for the land plots for the purpose of housing construction. The new wording of the subprogram states that guarantees of the Russian Federation are provided for the borrowings intended to provide engineering infrastructure for the land plots and modernise the communal infrastructure.

Besides, for low-storey houses, expenses to pay out the interest under credits obtained in Russian credit organisations to provide communal infrastructure for the land plots are reimbursed at the expense of subsidies from the federal budget in full amount. For multi-storey buildings – in the amount of 50%.

Order of the Ministry of Emergency Situations of the Russian Federation, Ministry of Information Technologies and Communication of the Russian Federation and the Ministry of Culture and Mass Communication of the Russian Federation No. 422/90/376 of July 25, 2006 on the Endorsement of the Regulation on the Systems of Notification of the Population



Defines the destination and tasks, as well as the procedure of implementation of the measures of improvement of the system of notification, maintaining them in permanent readiness.

The system of notification is an organisational and technical pool of forces, means of communication and notification, broadcasting networks, public-use communication channels providing for the conveyance of information and notification signals to the management bodies, forces of the joint state system of prevention and elimination of emergency situations.

The systems of notification are created at the federal level, at the interregional, regional, municipal and the object levels.

The systems of notification are intended to provide for a timely conveyance of information and notification signals to the management bodies, forces and means of civil defence, Russian Joint System of Prevention and Elimination of Emergency Situations and population of the hazards emerging during military actions or because of these actions, as well as the hazard of occurrence or occurrence of emergency situations of natural or technical nature. The systems of notification may be activated both in peacetime and in wartime.

The main method of notification is the transfer of information and notification signals over communication networks of TV and radio broadcasting programs.

Voice information of up to 5 minutes duration shall be transmitted to the population by professional announcers from TV and radio broadcasting studious while interrupting broadcasting programs. In exclusive cases, it is permitted to transmit short voice messages by direct transmission or magnetic tapes directly from operator positions of the bodies of daily management of the Russian Joint System of Prevention and Elimination of Emergency Situations.

Letter of the Federal Service of Enforcement in the Sphere of Education and Science No. 01-678/07-01 of July 24, 2006 on the Right of Children for Education in the Russian Federation



Explains that implementation of the constitutional right for education may not be dependent on the place of living.

Therefore, inclusion in the list of documents submitted when the children are admitted to the educational institution of the certificate of registration in the bodies of internal affairs and of the citizenship of the Russian Federation is illegal.

The bodies of management of education and educational institutions are recommended to take measures excluding similar violations of the right for education.

Letter of the Federal Tax Service No. ShT-6-09/849 of August 24, 2006 on the Invalidation of the Letters of the Federal Tax Service of Russia No. 09-0-10/4223 of October 26, 2004, No. 09-0-10/4831 of December 7, 2004



Decision of the Higher Arbitration Court of the Russian Federation No. 2817/06 of May 29, 2006 recognised as failing to comply with the actual legislation on the state registration of legal entities and independent entrepreneurs the Letter of the Federal Tax Service of Russia No. 09-0-10/4223 of October 26, 2004 obliging legal entities to submit to the body in charge of registration application drawn up to form R14001 (on the entry in the Joint State Register of Legal Entities of the changes of information on the legal entity other than the changes in the constituent documents) signed by the previous head of the legal entity. In this connection, the mentioned Letter, as well as the Letter of the Federal Tax Service of Russia No. 09-0-10/4831 of December 7, 2004 issued in addition to it, are invalidated.

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