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 14.08.2008

Order of the Ministry of Finance of the Russian Federation No. 72n of July 31, 2008 on the Amendments to the Order of the Ministry of Finance of the Russian Federation No. 32n of March 7, 2008

The Fund of Assistance of Reformation of the Housing and Communal Sector is permitted to place in 2008 its temporarily free resources in deposits and deposit certificates of Russian credit organisations.

Order of the Ministry of Justice of the Russian Federation No. 161 of August 1, 2008 on the Endorsement of the Form of the Certificate of the State Registration of a Non-Commercial Organisation

The Ministry of Justice of Russia shall implement the functions of the Federal Registration Service to register non-commercial organisations.

Letter of the Department of the Tax and Customs Tariff Policy of the Ministry of Finance of the Russian Federation No. 03-04-06-01/224 of July 23, 2008

Amounts of insurance contributions under the contracts of voluntary personal insurance (including the contracts of voluntary medical insurance) paid out from the employer resources for its employees and members of their families are exempted from the incomes tax from natural persons.

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