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 14.11.2007

Order of the Federal Customs Service No. 1307 of October 23, 2007 on the Customs Bodies Authorised to Accept Customs Declarations

Endorses the list of the customs bodies that cannot accept customs declarations.
      Registered in the Ministry of Justice of the Russian Federation on November 8, 2007. Reg. No. 10443.

Letter of the Department of the Tax and Customs Tariff Policy of the Ministry of Finance of the Russian Federation No. 03-04-06-02/201 of October 16, 2007

If the contract of voluntary medical insurance has been concluded between the organisation and the insurance company for at least one year, and the change of the list of insured because of dismissal of some of them and admission of others does not affect the above contract, amounts of insurance contributions under the mentioned contract for the new employees is exempted from the uniform social tax.

Letter of the Department of the Tax and Customs Tariff Policy of the Ministry of Finance of the Russian Federation No. 03-04-06-01/357 of October 15, 2007

Provides explanations on the issue of taxation of incomes from natural persons and calculation of the profit tax from organisations when the employer covers employee expenses for professional development.

Letter of the Ministry of Finance of the Russian Federation No. 03-02-07/2-162/2 of September 27, 2007

For organisations that have accounts in the bodies of the Federal Treasury, collection of taxes fees, penalties and fines is permitted through courts only.

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