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 25.06.2007

Federal Law No. 108-FZ of June 21, 2007 on the Amendment to Article 1 of the Federal Law on the Total Number of Justices of the Peace and the Number of Court Districts in the Subjects of the Russian Federation

Increases the number of justices of the peace and the number of court districts in the Republic of Mary El.

Federal Law No. 107-FZ of June 21, 2007 on the Amendment to Article 1 of the Federal Law on the Total Number of Justices of the Peace and the Number of Court Districts in the Subjects of the Russian Federation

Creates a legal basis for the work of justices of the peace in the Chechen Republic.

Federal Law No. 106-FZ of June 21, 2007 on the Amendment to Article 1 of the Federal Law on the Total Number of Justices of the Peace and the Number of Court Districts in the Subjects of the Russian Federation

The number of justices of the peace and the number of court districts will increase in the Moscow Province.

Federal Law No. 105-FZ of June 21, 2007 on the Amendment to Article 1 of the Federal Law on the Total Number of Justices of the Peace and the Number of Court Districts in the Subjects of the Russian Federation

Increases the number of justices of the peace and the appropriate number of court districts in the Ust-Ordynsk Buryat Autonomous District.

Letter of the Federal Tax Service No. SK-6-11/478@ of June 18, 2007 on the Data Necessary for the Calculation of the Tax on Extraction of Mineral Resources for Oil for May 2007

Provides information used in the calculation of the tax on extraction of mineral resources for oil for May 2007.

Direction of the Central Bank of Russia No. 1839-U of June 18, 2007

The Central Bank of the Russian Federation reports a reduction from June 19, 2007 of the rate of refinancing (bank rate) from 10.5% to 10% annual.

Telegram of the Central Bank of Russia No. 01-13-3/2456 of June 18, 2007

The Bank of Russia reports a reduction from June 19, 2007 from 10% to 9% annual of the interest rate for the credits of the Bank of Russia provided to banks and secured with a loan and guarantees.

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