Windfall tax for major companies to be introduced in Russia

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Monitoring of the Federal Legislation dated 10.06.2009

Order of the Federal Service for Tariff Rates No. 103-e/1 of May 29, 2009 on the Amendments to the Rules of Determination of the Cost of Electric Power Supplied at the Retail Market at Regulated Prices (Tariff Rates), Payment for the Deviation of the Actual Volumes of Consumption from Contractual Ones, As Well As the Reimbursement of Expenses Because of the Change of Contractual Volume of Consumption of Electric Power Endorsed by the Order of the Federal Service for Tariff Rates of Russia No. 166-e/1 of August 21, 2007

Changes the procedure of calculation of the coefficient of distribution of eclectic power supplied at the retail market at regulated prices by guaranteed suppliers being the subjects of the wholesale market, guaranteed suppliers not being such subjects, power supply and power sale organisations.

Letter of the Department of the Tax and Customs Tariff Policy of the Ministry of Finance of the Russian Federation No. 03-02-07/2-97 of June 3, 2009

The date of submission of the tax declaration over telecommunication channels is the date of its sending as recorded in the confirmation of the specialised communication operator.

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