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 21.03.2008

Decision of the Constitutional Court of the Russian Federation No. 5-P of March 13, 2008 on the Case of Constitutionality of Individual Provisions of Subitems 1 and 2 of Item 1 of Article 220 of the Tax Code of the Russian Federation Pursuant to Appeals of Citizens S.I.Anikin, N.V.Ivanova, A.V.Kozlov, V.P.Kozlov and T.N.Kozlova

Recognises as not contradicting the Constitution of the Russian Federation provisions of the Tax Code of the Russian Federation on the procedure of distribution of the property tax exemption for the incomes tax from natural persons for the cases of purchase of property (flat) in common shared possession.

Decision of the Government of the Russian Federation No. 183 of March 18, 2008 on the Endorsement of the Rules of Submission by the Employer or the Ordering Party of Works (Services) of the Notification of Attraction and Use for the Purposes of Employment of Foreign Citizens and /or Stateless Persons Having Arrived to the Russian Federation According to the Visa-Free Procedure with Employment Permission

From January 15, 2007, employers or the parties ordering works (services) may attract and use for the purposes of employment foreign citizens and/or stateless persons having arrived to the Russian Federation according to the procedure that does not require the getting of the visa who have employment permission without the need to obtain the permission to attract and use foreign work force, however, with obligatory notification of such attraction and use of the territorial body of the Federal Migration Service of Russia and the body of executive power in charge of the population employment in the appropriate subject of the Russian Federation.

Decision of the Government of the Russian Federation No. 182 of March 18, 2008 on the Terms and Procedure of Drawing up of the Founder Order for the Autonomous Institutions Created on the Basis of the Federally Owned Property and on the Procedure of Financial Support of the Execution of the Order

Defines the procedure and terms for the federal body of executive power executing the functions and authority of the founder of drawing up of the order for the autonomous institutions created on the basis of the federally owned property and the procedure of financial support of the execution of the order.

Order of the Ministry of Finance of the Russian Federation No. 27n of February 20, 2008 on the Endorsement of the Forms of the Tax Declaration and the Tax Estimate for the Advance Payment for the Property Tax from Organisations and Their Filling Procedures

Endorses new forms of the tax declaration for the property tax from organisations and the tax estimate for the advance payment for the property tax from organisations, as well as their filling procedures.

Order of the Ministry of Transport of the Russian Federation No. AM-23-r of March 14, 2008 on the Entry into Force of the Methodology Recommendations "Norms of Consumption of Fuels and Lubricants on the Highway Transport"

The methodology recommendations "Norms of Consumption of Fuels and Lubricants on the Highway Transport" are intended for the motor carrier enterprises, organisations engaged in management and control, entrepreneurs operating vehicles and special motor driven equipment on the territory of the Russian Federation.

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