Windfall tax for major companies to be introduced in Russia

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Monitoring of the Federal Legislation dated 13.08.2007

Decree of the President of the Russian Federation No. 993 of July 27, 2007 on the Amendments to Some of the Acts of the President of the Russian Federation on the State Management in the Sphere of Migration Policy and on Individuation of the Decree of the President of the Russian Federation No. 2145 of December 16, 1993 on the Measurers to Introduce Migration Control

Specifies that the Federal Migration Service of Russia shall provide for the keeping of migration records and control of observation by foreign citizens and stateless persons, officials, legal entities, other bodies and organisation of the rules of migration record keeping, shall provide for the forming and functioning of the state information system of migration record keeping, as well as for the timely entry of necessary information in it in full amount.
      The Decree is entered into force from the day of its signing.

Order of the Federal Tax Service of the Russian Federation No. MM-3-19/411@ of July 3, 2007 on the Amendments to the Order of the Federal Tax Service of Russia No. SAE-3-19/446@ of September 15, 2005 on the Creation of the Information Resource of the Results of Work of Offsetting and Returns

The notification of the fact of excessive payment (excessive collection) must be handed in to the taxpayer by the tax body within 10 days from the day of revealing of the fact of excessive payment (excessive collection). Earlier, the notification was sent within one month after the day of revealing of the fact of excessive payment (excessive collection) of tax payments.

Letter of the Department of the Tax and Customs Tariff Policy of the Ministry of Finance of the Russian Federation No. 03-03-06/2/147 of August 2, 2007

According to the Tax Code of the Russian Federation, the market price of securities available in circulation at the organised market of securities for the profit taxation purposes is recognised to be the actual price of sale or another withdrawal of securities, if this price is within the limits of the minimum and maximum prices of transactions (price interval) with the mentioned securities registered by the trade organiser at the securities market as of the date of committing of the appropriate transaction.

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