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 15.12.2009

Letter of the Department of the Tax and Customs Tariff Policy of the Ministry of Finance of the Russian Federation No. 03-05-06-04/401 of December 3, 2009 on the Rates of Transport Tax Fixed by the Legislative (Representative) Bodies of the Subjects of the Russian Federation

Amendments to the Tax Code of the Russian Federation entering into force from January 1, 2010 permit the regions to increase (reduce) the basic rates of transport tax.

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