Windfall tax for major companies to be introduced in Russia

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Monitoring of the Federal Legislation dated 9.10.2007

Decision of the Government of the Russian Federation No. 647 of October 5, 2007 on the Amendments to the Regulation on the Interaction of State and Municipal Ordering Parties, Bodies in Charge of the Placing of Orders for the State and Municipal Ordering Parties in Cases of Mutual Tenders

Refines the procedure of forming of the commission to carry out mutual tenders.

Decision of the Government of the Russian Federation No. 646 of October 5, 2007 on the Procedure to Pay out and the Amounts of Incentives and the State Monetary Rewards Envisaged in Article 34 of the Law of the Russian Federation on Subsoil Resources

The state monetary reward shall be paid out in the amount of Rbl 50,000, however, not greater than 0.1% of the amount of the annual volume of tax on the extraction of mineral resources for the deposit under consideration.

Order of the Federal Service for Financial Markets No. 07-89/pz-n of August 14, 2007 on the Endorsement of the Administrative Regulation of the Federal Service for Financial Markets of Russia on the Execution of the State Function of the Keeping of the State Register of Credit History Bureaus

Defines the time limits and the sequence of actions of the Federal Service for Financial Markets of Russia in the course of execution of the state function of keeping of the State Register of Credit History Bureaus.
      Registered in the Ministry of Justice of the Russian Federation on October 3, 2007. Reg. No. 10246.

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