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 11.06.2009

Letter of the Department of the Tax and Customs Tariff Policy of the Ministry of Finance of the Russian Federation No. 03-04-05-01/402 of June 2, 2009

According to the Ministry of Finance, the Tax Code of the Russian Federation does not provide for an exemption for the income tax from natural persons in the case of purchase of rights for an apartment in the house under contraction under the rights cession contract.

Letter of the Department of the Tax and Customs Tariff Policy of the Ministry of Finance of the Russian Federation No. 03-02-07/1-275 of May 27, 2009

The Tax Code of the Russian Federation specifies an exhaustive list of reasons permitting to grant a respite or extension schedule for the payment of tax or fee.

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