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 9.06.2008

Decision of the Government of the Russian Federation No. 422 of June 2, 2008 on the Prolongation of the Rates of Import Customs Duties for Individual Types of Clothes of Natural Fur

Prolongs for 9 months the reduced rates of import customs duties for clothes of natural fur.

Decision of the Government of the Russian Federation No. 412 of June 2, 2008 on the Amendment to the Customs Tariff of the Russian Federation Pertaining to Undoped Aluminium

Introduces on the permanent basis the zero rate of the import customs duty for undoped aluminium.

Order of the Ministry of Finance of the Russian Federation No. 54n of May 5, 2008 on the Endorsement of the Form of the Tax Declaration for the Profit Tax from Organisations and Its Filling Procedure

Endorses a new form of the tax declaration for the profit tax from organisations, as well as its filling procedure.

Regulation of the Central Bank of Russia No. 318-P of April 24, 2008 on the Procedure of Carrying out of Cash Operations and the Rules of Storage, Transportation and Encashment of Banknotes and Coins of the Bank of Russia for Credit Organisations on the Territory of the Russian Federation

Introduces a new procedure of carrying out of cash operations, storage, transportation and encashment of cash in credit organisations on the territory of the Russian Federation.

Information of the Central Bank of Russia of June 9, 2008

From June 10, 2008, increases once again the rate of refinancing of the Bank of Russia and, consequently, the interest rates for operations carried out by the Bank of Russia.

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