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 19.09.2008

Order of the President of the Russian Federation No. 539-rp of September 15, 2008 on the Signing of the Treaty of Friendship, Cooperation and Mutual Aid between the Russian Federation and the Republic of Abkhazia

The Treaty of friendship, cooperation and mutual aid has been signed between the Russian Federation and the Republic of Abkhazia on September 17, 2008.

Order of the President of the Russian Federation No. 538-rp of September 15, 2008 on the Signing of the Treaty of Friendship, Cooperation and Mutual Aid between the Russian Federation and the Republic of South Ossetia

The Treaty of friendship, cooperation and mutual aid has been signed between the Russian Federation and the Republic of south Ossetia on September 17, 2008.

Decision of the Government of the Russian Federation No. 688 of September 15, 2008 on the Endorsement of the Lists of Codes of Medical Goods Subject to the 10 Percent Rate of the Value Added Tax

Specifies the codes of medical goods in compliance with the All-Russia Classifier of Products and the Commodity Nomenclature of Foreign Economic Activities of Russia subject to the value added tax at 10% in the cases of their sale or import to the customs territory of the Russian Federation.

Decision of the Government of the Russian Federation No. 659 of September 11, 2008 on the Amendments to the Customs Tariff of the Russian Federation Pertaining to Plasma Modules (Panels) and LCD Devices

Introduces the zero rates of the import customs duty for plasma and LCD modules (panels) for TV sets.

Order of the Ministry of Finance of the Russian Federation No. 97n of September 16, 2008 on the Amendments to the Procedure for the Credit Organisation to Calculate the Limit for Placing the Resources of the Federal Budget on the Bank Deposits Endorsed by the Order of the Ministry of Finance of the Russian Federation No. 40n of April 9, 2008

Specifies the above limit for a single credit organisation depending on the amount of own resources (capital) and the long-term rating.

Letter of the Federal Tax Service No. ShT-6-3/656@ of September 18, 2008 on the Information Necessary for the Calculation of the Tax on Extraction of Mineral Resources for Oil for August 2008

Provides information necessary for the calculation of the tax on extraction of mineral resources for oil for August 2008.

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