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 22.01.2008

Decision of the Government of the Russian Federation No. 17 of January 19, 2008 on the Exemption from Customs Duties and Taxes of Surface and Underwater Drilling or Operational Platforms Temporarily Imported to the Customs Territory of the Russian Federation

Provides a full conditional exemption from customs duties and taxes for surface and underwater drilling and operational platforms temporarily imported by Russian entities for geological surveys.

Decision of the Government of the Russian Federation No. 14 of January 19, 2008 on the Amendments to the Customs Tariff of the Russian Federation

The Customs Tariff of the Russian Federation envisages limiting volumes of import of individual categories of meat and edible meat offal permitting importers to apply reduced rates of import customs duties.

Decision of the Government of the Russian Federation No. 13 of January 19, 2008 on the Interim Rates of Import Customs Duties for Individual Types of Meat of Bovine Animals and on the Amendments to the Decision of the Government of the Russian Federation No. 732 of December 5, 2005

Reduces until December 31, 2008 the rates of import customs duties for individual types of meat of bovine animals to EUR 30 per ton, however, not less than EUR 0.3 per kg.

Letter of the Federal Agency for Construction and the Housing and Communal Complex No. VB-82/02 of January 16, 2008 on the Indices of Change of the Estimated Cost for the I Quarter of 2008

Provides recommended indices of change of the estimated cost of construction and installation works on the whole and by items of expenses for the I quarter of 2008 to the level of basic prices for 1991 and 2001 by subjects of the Russian Federation.

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