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 22.11.2007

Decision of the Government of the Russian Federation No. 786 of November 19, 2007 on the Coefficient of Indexing of the Amount of the Monthly Insurance Payment under Obligatory Social Insurance against Industrial Accidents and Occupational Diseases

Specifies the coefficient to be applied from January 1, 2008 for indexing the amount of the monthly insurance payments adopted before January 1, 2008. The coefficient is 1.07.

Decision of the Government of the Russian Federation No. 785 of November 19, 2007 on the Russian Academy of Sciences

The Government of the Russian Federation endorsed the Charter of the Russian Academy of Sciences. Earlier, the Charter was endorsed by the Russian Academy of Sciences.

Letter of the Ministry of Finance of the Russian Federation No. 03-11-02/267 of November 13, 2007

From January 1, 2008, the system of taxation in the form of the uniform imputed income tax may be applied for such type of entrepreneurial activities as providing the services of handing over for temporary possession or use of land plots for organisation of trade in a stationary trade network, as well as for deployment of objects of a non-stationary trade network and objects of public catering that do not have visitor servicing halls.

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