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 2.07.2008

Federal Law No. 108-FZ of June 30, 2008 on the Amendments to the Federal Law on Concession Agreements and Individual Legislative Acts of the Russian Federation

The amendments improve legal regulation of relations of use of property on the terms of a concession agreement.

Federal Law No. 107-FZ of June 30, 2008 on the Ratification of the Agreement between the Government of the Russian Federation and the Government of the Syrian Arab Republic on the Settlement of the Debt of the Syrian Arab Republic to the Russian Federation under the Credits Earlier Granted by the Former USSR of May 29, 2005 and the Addition to This Agreement of January 17, 2007

The goal of the ratified Agreement and the Addition to it is the settlement of the debt of the Syrian Arab Republic to Russia under the credits granted between 1957 and 1989 by the former USSR for supplies of products of special destination.

Decision of the Government of the Russian Federation No. 478 of June 27, 2008 on the Amendments to the Decisions of the Government of the Russian Federation No. 45 of January 26, 2006 and No. 397 of June 23, 2007

According to the Federal Law on the licensing of individual types of activities, the licensing does not apply to the transportation carried out by the vessels of the state aviation, experimental aviation, civil aviation, including the general purpose aviation, without collection of payment.

Order of the Ministry of Regional Development of the Russian Federation No. 71 of June 9, 2008 on the Normative of the Cost of 1 Square Meter of Total Dwelling Space for the Second Half of 2008 and the Average Market Cost of 1 Square Meter of Total Dwelling Space by the Subjects of the Russian Federation for the III quarter of 2008

The normative of the cost of 1 square meter of total dwelling space for the Russian Federation for the second half of 2008 is fixed in the amount of Rbl 28,650.

Order of the Federal Service for Financial Monitoring No. 138 of May 29, 2008 on the Territorial Bodies of the Federal Service for Financial Monitoring

Defines the main authority and procedure of organisation of activities of the territorial bodies of the Federal Service for Financial Monitoring.

Order of the Federal Service for Financial Monitoring No. 130 of May 23, 2008 on the Endorsement of the Administrative Regulation on the Execution by the Federal Service for Financial Monitoring of the State Function of Coordination of the Rules of Internal Control of Organisations Carrying out Operations with Monetary Resources or Another Property Where Enforcement Bodies Are Not Available

According to the actual legislation, the rules of internal control in organisations carrying operations with monetary resources or another property must be coordinated in the appropriate enforcement body, and if it is not available - the Federal Service for Financial Monitoring.

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