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 29.09.2006

Decree of the President of the Russian Federation No. 1036 of September 21, 2006 on the Amendments to the Regulation on the Ministry of Justice of the Russian Federation Endorsed by the Decree of the President of the Russian Federation No. 1313 of October 13, 2004



The Ministry of Justice of Russia is empowered with the function of working out and implementation of the state policy and normative and legal regulation in the sphere of state registration of acts of civil status.

In this connection, the sphere of reference of the Ministry of Justice of Russia shall include in addition: coordination of appointment of the head of the body of executive power of the subject of the Russian Federation in charge of the organisation of activities in the state registration of acts of civil status on the territory of the subject of the Russian Federation; introduction of a representation to the Government of the Russian Federation on the temporary withdrawal of authority in the state registration of acts of civil status handed over to the bodies of state power of the subjects of the Russian Federation in cases of their improper execution.

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

Decision of the Government of the Russian Federation No. 589 of September 26, 2006 on the Interim Rates of Import Customs Duties for Component Parts and a Number of Raw Materials for Production of Aircraft Engines



Refines the rates of import customs duties for component parts and a number of raw materials for production of aircraft engines. The new rates are introduced for 9 months.

The Decision is entered into force 2 months after the day of its official publication.

Letter of the Ministry of Finance of the Russian Federation No. 07-05-06/204 of August 3, 2006 on the Composition of Incomes for Profit Taxation Purposes



Resources received on the taxpayer bank account after return of the value added tax in the framework of the agency contract are not registered as incomes for profit taxation purposes.

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