Windfall tax for major companies to be introduced in Russia

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Monitoring of the Federal Legislation dated 14.01.2009

Decision of the Government of the Russian Federation No. 10 of January 9, 2009 on the Endorsement of the Rates of Import Customs Duties for Some Commodities Imported for Industrial Assembly of Motor Transport Vehicles, Their Components and Units

Introduces on the permanent basis the zero rate of the import customs duty for rolled stock of corrosion-resistant steel and a 5 percent rate of the import customs duty for refrigerator compressors.

Decision of the Government of the Russian Federation No. 8 of January 9, 2009 on the Endorsement of the Rates of Import Customs Duties for Individual Types of Machines, Equipment, Devices, Instruments and Parts Thereof

Introduces on the permanent basis reduced (two times or zero) rates of import customs duties for individual types of machines, equipment, devices, instruments and parts thereof.

Decision of the Government of the Russian Federation No. 1093 of December 31, 2008 on the Amendments to the Customs Tariff of the Russian Federation for Individual Types of Aircraft

Introduces the zero rate of import customs duty for civil aircraft with the number of passenger seats up to 50 inclusive, unladen weight from 2 to 15 tons.

Order of the Ministry of Finance of the Russian Federation No. 148n of December 30, 2008 on the Endorsement of the Budget Accounting Instruction

Provides a new wording of the Budget Accounting Instruction.

Order of the Federal Service for Tariff Rates No. 475-t/2 of December 30, 2008 on the Exclusive Tariff Rate for Transportation of Cars by the Railway Transport to the Far-Eastern Federal District

Introduces an exclusive tariff rate in the form of the factor 0.54 to the actual tariff rates.

Order of the Federal Tax Service No. MM-3-3/606@ of November 18, 2008 on the Amendments to the Order of the Federal Tax Service No. SAE-3-22/417 of August 31, 2005 on the Endorsement of the Forms of Documents Necessary for the Application of the Simplified System of Taxation on the Basis of a Patent

The procedure of application of the simplifies system of taxation on the basis of a patent has changed.

Information Letter of the Presidium of the Higher Arbitration Court of the Russian Federation No. 127 of November 25, 2008 on the Review of the Practice of Application of Article 10 of the Civil Code of the Russian Federation by Arbitration Courts

Examines some issues of the limits of civil rights and abuse of the law.

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