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 6.12.2007

Decision of the Government of the Russian Federation No. 812 of November 26, 2007 on the Endorsement of the Rules of Arranging the Contest to Choose the Specialised Depositary to Conclude the Contract for the Services of a Specialised Depositary to the Federal Body of Executive Power in Charge of the Accumulate Mortgage System of Housing Support for Servicemen and the Rules of Determination of the Aggregate Weighted Value (Rating) of the Specialised Depositary to Conclude the Contract for the Services of a Specialised Depositary to the Federal Body of Executive Power in Charge of the Accumulated Mortgage System of Housing Support for Servicemen

Endorses amendments to the above rules.

Order of the Ministry of Finance of the Russian Federation No. 108n of November 13, 2007 on the Endorsement of the List of States and Territories Providing Tax Exemptions and/or Not Requiring Disclosure of Information on Financial Operations (Off-Shore Zones)

Specifies amendments to the taxation of profits in the form of dividends.

Order of the Federal Customs Service No. 1351 of October 31, 2007 on the Endorsement of the Administrative Regulation of the Federal Customs Service on the Execution of the State Function of Keeping of the State Register of Customs Carriers

Defines the time limits and the sequence of actions (administrative procedures) for the Federal Customs Service of Russia, as well as the procedure of interaction of divisions of the Federal Customs Service of Russia and the regional customs departments in execution of the state function of keeping of the State Register of Customs Carriers.

Order of the Ministry of Economic Development of the Russian Federation No. 401 of November 19, 2007 on the Deflator Coefficient for the Year 2008

In 2008, the deflator coefficient necessary for the calculation of the taxable base for the uniform imputed income tax is fixed in the amount of 1.081. At present, the figure is 1.096.

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