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 22.12.2009

Decision of the Government of the Russian Federation No. 1022 of December 16, 2009 on the Amendments to the Decision of the Government of the Russian Federation No. 980 of December 29, 2007

Specifies the procedure of forming and state regulation of tariff rates or their limiting levels for the services of subjects of natural monopolies in transportation of oil over mainlines forming part of the Eastern Siberia-Pacific system.

Decision of the Government of the Russian Federation No. 1031 of December 16, 2009 on the Permissible Share of Foreign Workforce for the Year 2010 Used by Economic Subjects Engaged in Activities in the Sphere of Retail Trade and in the Sphere of Sports on the Territory of the Russian Federation

Specifies the permissible share of foreign workforce in the sphere of retail trade and sports for the year 2010.

Order of the Government of the Russian Federation No. 1996-r of December 17, 2009 on the List of Commodities, Works, Services Where the Orders for the Federal Needs Are Placed through an Open Auction in the Electronic Form from January 1 to June 30, 2010

Such lists are specified by the Government of the Russian Federation.

Order of the Federal Service for Financial Markets No. 09-53/pz-n of December 10, 2009 on the Amendments to the List of Issuers Registered in the Federal Service for Financial Markets Endorsed by the Order of the Federal Service for Financial Markets of Russia No. 08-42/pz-n of October 28, 2008

23 organisations are included in the list and 45 are excluded.

Order of the Federal Service for Financial Markets No. 09-32/pz-n of August 13, 2009 on the Endorsement of the Requirements to the Amount and Procedure of Calculation of Own Resources of the Joint-Stock Investment Fund

The amount of own resources of the joint-stock investment fund as of the date of submission of documents for the license must be at least Rbl 35 million (earlier, Rbl 5 million).

Direction of the Central Bank of Russia No. 2332-U of November 12, 2009 on the List, Forms and Procedure of Drawing up and Submission of the Forms of Reports of Credit Organisations to the Central Bank of the Russian Federation

Provides a new wording for the forms of reports of credit organisations.

Letter of the Federal Tax Service No. ShS-22-3/963@ of December 21, 2009 on the Information Necessary for the Calculation of the Tax on Extraction of Mineral Resources for Oil for November 2009

Increases the rate of the tax on extraction of mineral resources for oil because of the growth of prices for oil.

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