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 1.12.2009

Federal Law No. 305-FZ of November 28, 2009 on the Amendment to Article 14.28 of the Code of Administrative Violations of the Russian Federation

Introduces responsibility for the attraction of momentary resources of citizens by the person who does not have rights for this.

Federal Law No. 304-FZ of November 28, 2009 on the Ratification of the Agreement on the Procedure of Introduction and Application of Measures Pertaining to Foreign Trade for Commodities on the Single Customs Territory for Third Countries

The agreement was signed in Moscow on June 9, 2009 between Russia, Belarus and Kazakhstan.

Federal Law No. 302-FZ of November 28, 2009 on the Ratification of the Protocol on Tariff Exemptions

Tariff exemptions are permitted at the decision of the Customs Union Commission.

Federal Law No. 301-FZ of November 28, 2009 on the Ratification of the Protocol on the Uniform System of Tariff Preferences of the Customs Union

The protocol was signed by the heads of Russia, Kazakhstan and Belarus on December 12, 2008.

Federal Law No. 300-FZ of November 28, 2009 on the Ratification of the Agreement on the Rules of Licensing in the Sphere of Foreign Trade

The agreement was signed on June 9, 2009 between Russia, Belarus and Kazakhstan.

Federal Law No. 299-FZ of November 28, 2009 on the Ratification of the Agreement between the Government of the Russian Federation and the Government of the Korean People|s Democratic Republic on the Interim Employment of Citizens of One State on the Territory of the Other State

The agreement was signed in Moscow on August 31, 2007.

Federal Law No. 297-FZ of November 28, 2009 on the Insurance Tariff Rates for Obligatory Social Insurance against Industrial Accidents and Occupational Diseases for the Year 2010 and for the Planned Period of 2011 and 2012

Preserves 32 insurance tariff rates differentiated by the types of economic activities.

Federal Law No. 295-FZ of November 28, 2009 on the Invalidation of Individual Provisions of Legislative Acts of the Russian Federation

Invalidates individual norms of the law on the obligatory social insurance against industrial accidents and occupational diseases.

Federal Law No. 291-FZ of November 28, 2009 on the Ratification of the Agreement on the Terms and Mechanism of Application of Tariff Quotas

The agreement was signed on December 12, 2008 between Russia, Belarus and Kazakhstan.

Federal Law No. 290-FZ of November 28, 2009 on the Amendment to Article 334 of the Customs Code of the Russian Federation

Extends the list of the reasons permitting to grant a respite or extension schedule for the payment of duties, taxes.

Federal Law No. 289-FZ of November 28, 2009 on the Amendments to the Federal Law on the Activities of Acceptance of Payments of Natural Persons Carried out by Paying Agents and the Federal Law on the Amendments to Individual Legislative Acts of the Russian Federation Pursuant to the Adoption of the Federal Law on the Activities of Acceptance of Payments of Natural Persons Carried out by Paying Agents

All pay terminals and cash dispensers must have fiscal memory and control tape.

Federal Law No. 287-FZ of November 28, 2009 on the Amendments to Articles 149 and 162 of Part 2 of the Tax Code of the Russian Federation

Extends the list of operations exempted from VAT.

Order of the Ministry of Finance of the Russian Federation No. 116n of November 11, 2009 on the Amendments to the Order of the Ministry of Finance of the Russian Federation No. 88n of September 1, 2008

Prolongs until January 1, 2011 general permissions for the opening of accounts in the territorial bodies of the Federal Treasury to register resources from profitable activities.

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