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 25.02.2009

Decision of the Government of the Russian Federation No. 119 of February 14, 2009 on the Amendments to the Decision of the Government of the Russian Federation No. 109 of February 26, 2004

The amendments pertain to the payment for the technological connection to electric power lines.

Order of the Ministry of the Industry and Trade of the Russian Federation No. 78 of February 20, 2009 on the Endorsement of the List of Automotive Equipment Produced on the Territory of the Russian Federation for the Purchase by the Federal Bodies of Executive Power

Rbl 12.5 billion are allocated additionally from the federal budget for the purchase of automobiles produced in the Russian Federation in 2009.

Order of the Ministry of the Industry and Trade of the Russian Federation No. 77 of February 20, 2009 on the Endorsement of the List of Cars Produced on the Territory of the Russian Federation Permitting to Reimburse the Shortfall in Income to Credit Organisations in 2009, 2010 and 2011 If They Are Purchased by Natural Persons on Credit in 2009 Proceeding from Two Thirds of the Rate of Refinancing of the Central Bank of the Russian Federation

Russian credit organisations having granted credits in 2009 to natural persons for the purchase of cars produced in Russia for up to Rbl 350,000 are entitled for a reimbursement of shortfall in income.

Order of the Ministry of Finance of the Russian Federation No. 158n of December 31, 2008 on the Amendment to the Order of the Ministry of Finance of the Russian Federation No. 185n of December 29, 2006 on the Endorsement of the Form of the Tax Declaration for the Tax on Extraction of Mineral Resources and Its Filling Procedure

Extends the list of grounds to apply the zero rate of the tax and other particulars of calculation and payment of the tax.

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