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 1.02.2007

Decision of the Government of the Russian Federation No. 50 of January 26, 2007 on the Amendment to and Invalidation of Some of the Acts of the Government of the Russian Federation on the State Duty

In pursuance of the Federal Law on the licensing of individual types of activities, the processing by the licensing body of applications for licenses and the issue of licenses requires collection of the state duty in the amounts and according to the procedure specified in the legislation on taxes and fees.

Order of the Ministry of Public Health and Social Development of the Russian Federation No. 49 of January 19, 2007 on the Endorsement of the Warning on the Consumer Containers of Alcoholic Products Describing Contraindications of Use of Alcoholic Products

From February 1, 2007, consumer containers of each unit of alcoholic products must carry a warning of the hazard of use of alcoholic products for the human health of the following content: "Alcohol Is Contraindicated for Children under 18, Expecting and Nursing Mothers, Persons Suffering from Diseases of the Central Nervous System, Kidneys, Liver and Other Digestive Organs".

Order of the Ministry of Natural Resources of the Russian Federation No. 286 of December 15, 2006 on the Endorsement of the Procedure for Entry of Mineral Resources on the State Balance and Writing off from the State Balance

The state balance records of reserves of mineral resources is arranged for the purpose of registration of the condition of the mineral resources and raw materials base. The balance records shall contain information on the quantity, quality and degree of investigation of reserves of each type of mineral resources by deposits of industrial significance, their location, industrial development, extraction, losses and industry supplies.
      Registered in the Ministry of Justice of the Russian Federation on January 26, 2007. Reg. No. 8857.

Order of the Ministry of the Industry and Power Supplies of the Russian Federation No. 414 of December 21, 2006 on the Endorsement of the Form of the Resources Certificate

To provide for control of liquefied hydrocarbon gases exported from the Russian Federation (code according to the Foreign Trade Commodity Nomenclature 2711 12 110 - 2711 19 000, 2901 10 100 0 and 2901 10 900 0), endorses a new form of the resources certificate. The certificates are presented by the oil and oil-and-gas processing organisations to the customs bodies to draw up supplies of liquefied gases for export.
      Registered in the Ministry of Justice of the Russian Federation on January 19, 2007. Reg. No. 8802.

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