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 6.11.2009

Decision of the Government of the Russian Federation No. 881 of November 2, 2009 on the Interim Rates of Import Customs Duties for Rice and Meals and Groats of It

Increases for 9 months the rates of customs duties for rice and meals and groats of it.

Decision of the Government of the Russian Federation No. 869 of October 31, 2009 on the Transfer of Days-Off in 2010

Transfers some days-off in 2010.

Order of the Federal Antimonopoly Service No. 621 of September 18, 2009 on the Terms Permitting to Recognises Immovable Property As Equal to the Earlier Available Immovable Property

Contracts of transfer of the rights of possession and/or use for the state or municipal property not assigned for economic management or operative control are concluded on the basis of contests or auctions. An exception is the case when immovable property is handed over in exchange of the earlier available one.

Direction of the Central Bank of Russia No. 2317-U of October 29, 2009 on the Amount of Interest Rates for the Credits Secured with Assets or Guarantees

From October 30, 2009, reduces the rates for the credits granted by the Central Bank of Russia to credit organisations.

Direction of the Central Bank of Russia No. 2316-U of October 29, 2009 on the Amount of Interest Rates for the Lombard Credits of the Bank of Russia

From October 30, 2009, the rate of refinancing of the Central Bank of Russia is reduced from 10% to 9.5% annual.

Direction of the Central Bank of Russia No. 2315-U of October 29, 2009 on the Amount of Interest Rates for the Deposit Operations of the Bank of Russia

From October 30, 2009, the rate of refinancing of the Central Bank of Russia is reduced from 10% to 9,5% annual.

Direction of the Central Bank of Russia No. 2314-U of October 29, 2009 on the Amount of the Interest Rate for the Overnight Credit of the Bank of Russia

From October 30, 2009, the rate of refinancing of the Bank of Russia is reduced by 0.5 percentage points more (to 9.5% annual).

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