Windfall tax for major companies to be introduced in Russia

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Monitoring of the Federal Legislation dated 2.07.2009

Federal Law No. 143-FZ of July 1, 2009 on the Particulars of Granting of Financial Support to the Subjects of the Russian Federation and Municipal Formations at the Expense of Resources of the State Corporation Fund of Assistance of Reformation of the Housing and Communal Sector in 2009

Introduces a special procedure of granting of financial support because of the risk of insufficiency of the fund's resources in 2009.

Federal Law No. 144-FZ of July 1, 2009 on the Amendments to Article 20 of the Federal Law on the Fund of Assistance of Reformation of the Housing and Communal Sector and Article 65 of the Federal Law on the Placing of Orders for Supplies of Commodities, Carrying out Works, Rendering Services for the State and Municipal Needs

The amendments are expected to ensure conservation of resources allocated for the capital repair of apartment houses.

Decision of the Constitutional Court of the Russian Federation No. 10-P of June 22, 2009 on the Case of Constitutionality of Item 4 of Part 2 of Article 250, Article 321.1 of the Tax Code of the Russian Federation and Paragraph 2 of Item 3 of Article 41 of the Budget Code of the Russian Federation Pursuant to the Appeals of the D.I.Mendeleyev Russian University of Chemical Technologies and the Moscow Aviation Institute (State Technical University)

The existing procedure of payment of the profit tax from incomes from the leasing of the federal property by the state higher educational institutions is not in compliance with the Constitution of the Russian Federation.

Letter of the Federal Tax Service No. MN-22-6/511@ of June 25, 2009 on the Implementation by the Tax Bodies of the Provisions of the Federal Law No. 312-FZ of December 30, 2008

Provides explanations pursuant to the entry into force from July 1, 2009 of the amendments to the Law on Limited-Liability Companies pertaining to the state registration of such companies.

Direction of the Central Bank of Russia No. 2242-U of June 2, 2009 on the Amendments to Item 5.2 of the Direction of the Bank of Russia No. 1379-U of January 16, 2004 on the Assessment of the Financial Stability of the Bank to Recognize It Sufficient for Participation in the Deposit Insurance System

Changes the procedure of estimation of the financial result of the bank.

Order of the Federal Migration Service No. 123 of May 26, 2009 on the Form of the Certificate of Registration of the Request to Recognise the Person a Forced Migrant and the Form of the Certificate of the Forced Migrant

The form of the certificate of registration of the mentioned request and the form of the certificate is specified now by the authorised federal body of executive power (earlier, the Government of the Russian Federation).

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