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 20.03.2007

Decision of the Government of the Russian Federation No. 163 of March 15, 2007 on the Coefficient of Indexing of the Amount of the Monthly Insurance Payment under Obligatory Social Insurance against Industrial Accidents and Occupational Diseases

From January 1, 2007, the coefficient of indexing of the amount of the monthly insurance payment under obligatory social insurance against industrial accident and occupational diseases assigned before January 1, 2007 makes 1.075.

Order of the Ministry of Finance of the Russian Federation No. 13n of February 9, 2007 on the Endorsement of the Form of the Estimate of Advance Payments for the Uniform Social Tax for Taxpayers Making Payments to Natural Persons and Its Filling Procedure

From January 1, 2007, amendments came into force in individual provisions of Chapter 24 "Uniform Social Tax" of the Tax Code of the Russian Federation.
      Registered in the Ministry of Justice of the Russian Federation on March 15, 2007. Reg. No. 9118.

Order of the Federal Service of Ecological, Technological and Nuclear Enforcement No. 56 of February 7, 2007 on the Endorsement of the Form of the Permission for Emissions of Hazardous Substances (Pollutants) into the Atmospheric Air

According to the Federal Law No. 96-FZ of May 4, 1999 on the protection of the atmospheric air, emissions of hazardous substances (pollutants) into the atmospheric air are permitted on the basis of the permission issued by the territorial body of the federal body of executive power in charge of protection of the environment, bodies of executive power of the subjects of the Russian Federation in charge of the state management in the sphere of environmental protection. The permission of emissions of hazardous substances (pollutants) into the atmospheric air specifies the limiting emissions and other terms providing for the protection of the atmospheric air.
      Registered in the Ministry of Justice of the Russian Federation on March 14, 2007. Reg. No. 9108.

Order of the Federal Service of Ecological, Technological and Nuclear Enforcement No. 84 of February 19, 2007 on the Endorsement of the Procedure of Issue of Permissions for Emissions of Hazardous Substances (Pollutants) into the Atmospheric Air

Specifies the procedure and terms of issue by the territorial bodies of the Federal Service of Ecological, Technological and Nuclear Enforcement of permissions for emissions of hazardous substances (pollutants) into the atmospheric air to legal entities and independent entrepreneurs possessing stationary sources of emissions of hazardous substances (pollutants) into the atmospheric air and subject to the federal state ecological control.
      Registered in the Ministry of Justice of the Russian Federation on March 14, 2007. Reg. No. 9107.

Order of the Federal Service of Ecological, Technological and Nuclear Enforcement No. 87 of February 20, 2007 on the Endorsement of the Instruction on the Organisation of Work of the Federal Service of Ecological, Technological and Nuclear Enforcement to Issue Permissions for Emissions and Discharges of Pollutants Specifying the Limits of Emissions and Discharges

The Instruction regulates organisation of work of the Federal Service of Ecological, Technological and Nuclear Enforcement and its territorial bodies pertaining to issue of permissions for emissions and discharges of pollutants specifying the limits of emissions and discharges for legal entities whose economic and other activities do not ensure observation of the normatives of permissible emissions and discharges of hazardous substances (pollutants).
      Registered in the Ministry of Justice of the Russian Federation on March 14, 2007. Reg. No. 9099.

Instruction of the Central Bank of Russia No. 130-I of February 21, 2007 on the Procedure of Obtaining of the Preliminary Consent of the Bank of Russia for the Purchase and/or Acquiring in Trust Control of Stocks (Shares) of the Credit Organisation

According to the legislation on banks and banking activities, the purchase and/or acquiring in trust control as a result of a single or several transactions by a single legal entity or natural person or a group of legal entities and/or natural persons interconnected by an agreement or a group of legal entities being affiliated to or dependent on each other of more than 20% of stocks (shares) of the credit organisation requires a preliminary consent of the Bank of Russia.
      Registered in the Ministry of Justice of the Russian Federation on March 14, 2007. Reg. No. 9088.

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