Windfall tax for major companies to be introduced in Russia

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Monitoring of the Federal Legislation dated 24.02.2010

Federal Law No. 15-FZ of February 21, 2010 on the Invalidation of Item 1 of Article 1 of the Federal Law on the Suspension of Individual Legislative Acts of the Russian Federation Pursuant to the Adoption of the Federal Law on the Federal Budget for the Year 2009 and for the Planned Period of 2010 and 2011

Invalidates the norm having suspended until January 1, 2012 the law on the state commodity obligations pertaining to Harvest-90 checks and the state obligations to suppliers of agricultural products.

Federal Law No. 13-FZ of February 21, 2010 on the Invalidation of Item 2 of Article 1490 of Part 4 of the Civil Code of the Russian Federation

Invalidates one of the norms pertaining to the state registration of contracts of disposal of the exclusive right for a trade-mark.

Order of the Federal Tax Service No. MM-7-3/7@ of January 15, 2010 on the Endorsement of the Forms of Documents Used by the Tax Bodies When Implementing Their Authority in Relations Regulated by the Legislation on Taxes and Fees

The zero VAT rate applies in the cases of sale of commodities (works, services) for official use of foreign diplomatic representations.

Order of the Ministry of Transport of the Russian Federation No. 247 of December 22, 2009 on the Endorsement of the Typical Scheme of Organisation of Transfer through the State Border of the Russian Federation of Persons, Transport Vehicles, Cargo, Goods and Animals in the Sea and River (Lake) Points of Transfer through the State Border of the Russian Federation

Endorses a typical scheme of organisation of transfer through the state border of Russia of persons, transport vehicles, cargo, goods and animals in sea and river (lake) points of transfer.

Order of the Federal Antimonopoly Service No. 67 of February 10, 2010 on the Procedure to Carry out Contests or Auctions for the Right to Conclude Contracts of Property Lease, Free Use, Trust Control, Other Contracts Envisaging the Transfer of the Right of Possession and/or Use for the State or Municipal Property and on the List of the Types of Property for Which the Mentioned Contracts May Be Concluded through Tenders in the Form of a Contest

Contracts envisaging a transfer of rights of possession and/or use of the state or municipal property may be concluded only through tenders (except individual cases).

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