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 22.08.2007

Decision of the Government of the Russian Federation No. 526 of August 18, 2007 on the Amendments to the Customs Tariff of the Russian Federation

Zero rates of import customs duties are in effect from January 1, 2007 for spare parts for industrial assembly of motor transport vehicles (tractors, automobiles, special purpose transport vehicles). To expand production of automobiles of foreign brands on the territory of the Russian Federation, zero rates of import customs duties are introduced for spare parts for industrial assembly of tractors, motor transport vehicles for passenger and cargo transportation, special purpose motor transport vehicles (commodity items of the Foreign Trade Commodity Nomenclature of Russia 8701-8705).

The Decision is entered into force 1 month after the day of its official publication.

Decision of the Government of the Russian Federation No. 522 of August 17, 2007 on the Endorsement of the Rules of Determination of the Damage Incurred on the Human Health

The rules specify the procedure of determination of the damage incurred on the human health for the purposes of forensic expert evaluation.

Letter of the Ministry of Finance of the Russian Federation No. 05-04-05/216333 of June 14, 2007

Explains the issues of insurance activities before obtaining the new license form.

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