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 3.08.2009

Federal Law No. 217-FZ of August 2, 2009 on the Amendments to Individual Legislative Acts of the Russian Federation on the Issues of Creation by Budget-Supported Scientific and Educational Intrusions of Economic Subjects for the Purposes of Practical Application (Introduction) of Results of Intellectual Activities

Budget-supported scientific and higher educational institutions may create economic subjects for practical introduction of results of intellectual activities.

Decision of the Government of the Russian Federation No. 616 of July 30, 2009 on the Endorsement of the Rate of the Import Customs Duty for Bodies of Individual Types of Transport Vehicles

Introduces on a permanent basis a combined rate of import customs duty for bodies of cars and other motor transport vehicles.

Decision of the Plenum of the Higher Arbitration Court of the Russian Federation No. 57 of July 23, 2009 on the Some Procedural Issues of the Practice of Processing of Cases Pertaining to the Failure to Execute or Improper Execution of Contractual Obligations

Provides explanations to prevent abuse of procedural rights in the cases of failure to execute or improper execution of contacts.

Decision of the Plenum of the Higher Arbitration Court of the Russian Federation No. 54 of July 23, 2009 on Some Issues Arising with Arbitration Courts When They Process Cases of Collection of the Land Tax

Provides explanations on the moment when the person becomes a payer of the land tax, particulars of inclusion of some categories of persons in taxpayers and other issues.

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