Windfall tax for major companies to be introduced in Russia

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Monitoring of the Federal Legislation dated 23.09.2008

Decision of the Government of the Russian Federation No. 697 of September 16, 2008 on the Endorsement of the Regulation on the Decision Taking to Terminate the Rights of Use of the Part of Subsoil Resources of Federal Significance for the Purposes of Prospecting and Extraction of Mineral Resources in Cases of Geological Surveys of Subsoil Resources under a Combined License

The Government of the Russian Federation may take a decision to terminate the right of use of the part of subsoil resources for the purposes of prospecting and extraction of mineral resources if a deposit of mineral resources of federal significance is discovered.

Decision of the Government of the Russian Federation No. 695 of September 16, 2008 on the Seasonal Duties for Raw Sugar of Cane and Individual Types of Sugar Imported to the Territory of the Russian Federation in 2008 and 2009

Introduces the rates of seasonal duties for raw sugar of cane and sugar with flavouring or dyeing additives imported to the territory of the Russian Federation from December 1, 2008 through May 31, 2009.

Decision of the Government of the Russian Federation No. 691 of September 15, 2008 on the Endorsement of the Regulation on the Licensing of Foreign Trade Operations with Commodities, Information, Works, Services, Results of Intellectual Activities (Rights for Them) Subject to Export Control

Endorses the rules of issue of licenses for foreign trade operations (import, export, other forms of international exchange) with commodities, information, works, services, results of intellectual activities (rights for them) that can be used for creation of mass destruction weapons, means of their delivery, other types of arms and military equipment or for terrorist acts and subject to export control.

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