Windfall tax for major companies to be introduced in Russia

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Monitoring of the Federal Legislation dated 24.04.2009

Order of the Ministry of Public Health and Social Development of the Russian Federation No. 136n of March 26, 2009 on the Endorsement of the Method of Determination of the Adjustment Coefficient of the Average Market Cost of 1 Square Meter of Total Dwelling Space Used in the Calculation of the Amount of Lumpsum Subsidy for the Purchase of Dwelling Space

The lumpsum subsidy may be granted from the federal budget to federal civil servants needing dwelling space.

Direction of the Central Bank of Russia No. 2202-U of March 23, 2009 on the Amendments to the Regulation of the Bank of Russia No. 323-P of October 16, 2008 on the Credits without Security Granted by the Bank of Russia to Russian Credit Organisations

Increases from six months to one year the time limits for the credits without security granted by the Bank of Russia to Russian credit organisations.

Information of the Central Bank of Russia of April 23, 2009

From April 24, 2009, the rate of refinancing of the Bank of Russia is fixed in the amount of 12.5% annual.

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