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 24.06.2008

Budget Message of the President of the Russian Federation to the Federal Assembly of the Russian Federation of June 23, 2008 on the Budget Policy in 2009-2011

Defines the main goals and tasks of the budget policy for the years 2009-2011 and further on.

Letter of the Department of the Tax and Customs Tariff Policy of the Ministry of Finance of the Russian Federation No. 03-03-06/1/357 of June 10, 2008

Provides explanations on the inclusion of the interest from liabilities in expenses for the profit taxation purposes.

Letter of the Department of the Tax and Customs Tariff Policy of the Ministry of Finance of the Russian Federation No. 03-04-05-01/192 of June 10, 2008

For organisations financed from the federal budget, the amount of the daily allowance in foreign currencies for the trips abroad is determined on the basis of the Decision of the Government of the Russian Federation No. 812 of December 26, 2005.

Letter of the Department of the Tax and Customs Tariff Policy of the Ministry of Finance of the Russian Federation No. 03-04-05-01/193 of June 10, 2008

If a worker of the Russian organisation works abroad, his remuneration, including the one paid out by the Russian employer, is included in incomes from sources abroad.

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