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 23.04.2008

Direction of the Central Bank of Russia No. 1996-U of April 22, 2008 on the Amendments to the Direction of the Bank of Russia No. 1375-U of January 16, 2004 on the Rules of Drawing up and Submission of Reports by Credit Organisations to the Central Bank of the Russian Federation

Credit organisations must provide explanations on the submitted reports only if there are appropriate requests of the Bank of Russia and its territorial bodies.

Direction of the Central Bank of Russia No. 1991-U of March 31, 2008 on the Amendments to the Instruction of the Bank of Russia No. 110-I of January 16, 2004 on the Obligatory Normatives for Banks

Adjusts the methods of calculation of the normatives of the bank's immediate, current and long-term liquidity.

Letter of the Federal Tax Service No. ShS-6-3/289@ of April 16, 2008 on the Information Necessary for the Calculation of the Tax on Extraction of Mineral Resources for Oil for March 2008

Provides information used for the calculation of the tax on extraction of mineral resources for oil for march 2008.

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