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 29.01.2010

Decision of the Government of the Russian Federation No. 32 of January 28, 2010 on the Endorsement of the Rates of Export Customs Duties for Raw Oil and Individual Categories of Commodities of Oil Exported Outside the Territory of the Russian Federation and the Territories of the Member-States of the Customs Union Agreements

Increases the rates of export customs duties for raw oil and individual categories of commodities of oil exported outside the member-states of the Customs Union agreements.

Decision of the Government of the Russian Federation No. 29 of January 26, 2010 on the Endorsement of the Technical Regulation on the Requirements to the Safety of Blood and Its Products, Blood Replacing Solutions and Technical Means Used in the Transfusion and Infusion Therapy

Specifies the safety requirements to the blood and its products, blood replacing solutions and technical means used in the transfusion and infusion therapy.

Order of the Federal Tax Service No. MM-7-3/708@ of December 22, 2009 on the Amendments to the Order of the Federal Tax Service of Russia No. SAE-3-04/706@ of October 13, 2006

Refines information of the codes of incomes and exemptions used to fill in the certificate of form 2-NDFL. Reflects the latest changes in the tax and pension legislation.

Order of the Federal Service for Financial Markets No. 09-45/pz-n of November 10, 2009 on the Endorsement of the Regulation on the Reduction (Restriction) of Risks in the Area of Trust Control of Assets of Investment Funds, the Placing of Resources of Pension Reserves, Investing of Resources of Accumulated Pensions and the Savings of the Housing Support for Servicemen, As Well As the Endorsement of the Changes to Some Normative Legal Acts of the Federal Service for Financial Markets

The risks of transactions with derivative financial instruments are implied.

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