Windfall tax for major companies to be introduced in Russia

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Monitoring of the Federal Legislation dated 28.06.2007

Decision of the Government of the Russian Federation No. 401 of June 25, 2007 on the Endorsement of the List of Perfumery and Cosmetics Exempted from the Federal Law on the State Regulation of Production and Circulation of Ethyl Alcohol, Alcoholic and Alcohol-Containing Products

Defines the list of perfumery and cosmetics exempted from the Federal Law on the state regulation of production and circulation of ethyl alcohol, alcoholic and alcohol-containing products.
      The Decision is entered into force from July 1, 2007.

Order of the Federal Customs Service No. 1298 of December 11, 2006 on the Declaring of Individual Types of Commodities

Specifies the list of commodities that may be declared by submission of the customs declaration in the form of a written application.
      Registered in the Ministry of Justice of the Russian Federation on June 26, 2007. Reg. No. 9706.

Regulation of the Central Bank of Russia No. 304-P of June 18, 2007 on the Procedure of Calculation and Transfer of Payments for the Services of the System of Real-Time Gross Payments of the Bank of Russia

The system of urgent electronic payments is initiated from July 1, 2007 in the system of payments of the Bank of Russia intended for payments in the currency of the Russian Federation of the Bank of Russia, credit organisations (their branches) clients of the Bank of Russia not being credit organisations (their branches) to provide for the real-time gross transfers as soon as electronic payment orders are received.
      Registered in the Ministry of Justice of the Russian Federation on June 26, 2007. Reg. No. 9699.

Order of the Ministry of Justice of the Russian Federation No. 126 of June 15, 2007 on the Endorsement of the Procedure of Assigning of State Recorders

Specifies a new procedure of assigning of state recorders.
      Registered in the Ministry of Justice of the Russian Federation on June 25, 2007. Reg. No. 9687.

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