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 26.06.2008

Federal Law No. 94-FZ of June 24, 2008 on the Amendments to Article 3 of the Federal Law on the Amendments to the Federal Law on the Obligatory Insurance of Civil Liabilities of Owners of Transport Vehicles and Article 2 of the Federal Law on the Amendments to the Law of the Russian Federation on the Organisation of Insurance Activities in the Russian Federation and on the Invalidation of Some of the Legislative Acts of the Russian Federation

Shifts the date of entry into force of some changes in the legislation on the obligatory insurance of civil liabilities of owners of transport vehicles.

Federal Law No. 93-FZ of June 24, 2008 on the Amendment to Article 64 of the Federal Law on the Protection of the Environment

Excludes municipal control from the list of the types of ecological control available in the Federal Law on the protection of the environment.

Federal Law No. 92-FZ of June 24, 2008 on the Amendments to the Federal Law on the Entry into Force of Part 2 of the Tax Code of the Russian Federation and on the Amendments to Some of the Legislative Acts of the Russian Federation on Taxes

Reduces from 18% to 10% the rate of the value added tax for the services of transfer of pedigree animals and poultry under the contracts of financial leasing with the right of repurchase.

Federal Law No. 91-FZ of June 24, 2008 on the Amendment to Article 1 of the Federal Law on the Minimum Amount of Labour Remuneration

From January 1, 2009, the minimum amount of labour remuneration is increased from Rbl 2300 to Rbl 4330 per month.

Federal Law No. 90-FZ of June 24, 2008 "Technical Regulation for the Items of Butter, Oil and Fat"

Endorses a Technical Regulation for the items of butter, oil and fat.

Decision of the Government of the Russian Federation No. 467 of June 23, 2008 on the Amendments to Some Acts of the Government of the Russian Federation Pertaining to the State Regulation in the Sphere of Civil Aviation

Adjusts the authority of the Federal Service of Enforcement in the Sphere of Transport and the Federal Agency of the Air Transport in issues of civil aviation.

Direction of the Central Bank of Russia No. 2019-U of June 4, 2008 on the Amendments to the Regulation of the Bank of Russia No. 203-P of November 5, 2002 on the Procedure for the Central Bank of the Russian Federation to Carry out Deposit Operations with Credit Organisations in the Currency of the Russian Federation

Adjusts the procedure for the Bank of Russia to carry out deposit operations with credit organisations in the currency of the Russian Federation.

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