Windfall tax for major companies to be introduced in Russia

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Monitoring of the Federal Legislation dated 31.03.2010

Decision of the Government of the Russian Federation No. 86 of February 24, 2010 on the Endorsement of the Technical Regulation on the Safety of Equipment for Work in Explosive Environments

The Technical Regulation covers production of energy. It does not apply to medicine, communication, vessels.

Decision of the Government of the Russian Federation No. 80 of February 24, 2010 on the Endorsement of the Rules of Use of Arms and Military Equipment in Safeguarding the State Border of the Russian Federation, Exclusive Economic Zone and the Continental Shelf of the Russian Federation

Endorses a new such procedure.

Decision of the Government of the Russian Federation No. 76 of February 20, 2010 on the Excise Duty Stamps to Label Tobacco Items Imported to the Customs Territory of the Russian Federation

Foreign-made tobacco items imported to Russia for sale are labelled with special excise duty stamps.

Order of the Federal Service for Technical and Export Control No. 58 of February 5, 2010 on the Endorsement of the Regulation on the Methods of Protection of Information in Personal Information Systems

The goal is implementation of the constitutional right of citizens for privacy, personal and family secrets.

Letter of the Federal Tax Service No. ShS-22-3/131@ of February 24, 2010 on the Issue of the Procedure of Filling of the Tax Declaration for the Value Added Tax

Some amendments to the Tax Code of the Russian Federation are entered into force in 2010.

Letter of the Department of the Tax and Customs Tariff Policy of the Ministry of Finance of the Russian Federation No. 03-02-07/1-57 of February 11, 2010 on the Arrears Revealed by the Tax Body

The Tax Code of the Russian Federation does not specify any period of limitation for revealed arrears.

Letter of the Ministry of Finance of the Russian Federation No. 01-02-03/03-41 of February 10, 2010 on the List of Documents to Be Submitted to the Tax Body for the Purposes of Registration of Cash Registers for Payment Terminals

According to the general rule, paying agents must use cash registers with a fiscal memory and control tape. However, there are exceptions.

Letter of the Federal Tax Service No. 3-3-05/128 of February 8, 2010 on the Property Tax from Organisations

From January 1, 2010, the payers of the property tax are only those that have objects of taxation.

Decision of the Government of the Russian Federation No. 103 of February 27, 2010 on the Measures of State Control (Enforcement) of Observance of the Special Conditions of Use of the Land Plots within the Boundaries of the Safety Zones of Objects of Electric Networks

The control is vested in the Federal Service of Ecological, Technological and Nuclear Enforcement and its territorial bodies and is carried out in the form of planned and extraordinary checks.

Decision of the Government of the Russian Federation No. 100 of February 27, 2010 on the Procedure of Assigning of Recorders Providing the State Registration of Rights for Air Vessels and Transactions with Them and on the Qualification Requirements to Them

Recorders are assigned from the state servants of the Federal Agency of the Air Transport.

Decision of the Government of the Russian Federation No. 98 of February 27, 2010 on the Amendments to the Regulation on the Form of the Visa, Procedure and Terms of Its Drawing up and Issuance, Prolongation, Restoration in Cases of Loss, As Well As the Procedure of Revocation

Refines the procedure of issuance of the visa for temporary stay.

Decision of the Government of the Russian Federation No. 92 of February 26, 2010 on the Endorsement of the List of Machines and Equipment Subject to Obligatory Confirmation of Compliance When Placed under the Customs Regimes Envisaging Opportunities of Alienation or Use on the Customs Territory of the Russian Federation to Their Destination

The technical regulation on the safety of machines and equipment is entered into force from September 25, 2010.

Direction of the Central Bank of Russia No. 2390-U of January 29, 2010 on the Procedure of Transfer of Unused Residues of Monetary Recourses of the Federal Budget

Specifies the procedure of transfer of unused residues of resources of the federal budget.

Letter of the Central Bank of Russia No. 28-T of February 26, 2010 on the Accounts Opened to Budget-Supported Institutions in Violation of the Budget Legislation of the Russian Federation and Normative Acts of the Bank of Russia

Reports typical violations in the cases of opening of accounts to budget-supported institutions.

Decree of the President of the Russian Federation No. 271 of March 4, 2010 ~Issues of the Ministry of Education and Science of the Russian Federation~

Abandons the Federal Agency for Science and Innovations and the Federal Agency for Education while handing over their functions to the Ministry of Education and Science.

Decision of the Constitutional Court of the Russian Federation No. 4-P of February 26, 2010 on the Case of Constitutionality of Part 2 of Article 392 of the Code of Civil Procedures of the Russian Federation Pursuant to the Appeals of Citizens A.A.Doroshek, A.Y.Kot and Y.Y.Fedotova

Challenged the norms of the Code of Civil Procedures of Russia on the grounds permitting to revise judicial acts because of the newly revealed circumstances.

Decision of the Government of the Russian Federation No. 129 of March 5, 2010 on the Agreements between Executive Bodies of State Power, Bodies of Local Government and Economic Subjects on the Reduction or Maintenance of Prices for Individual Types of Fuels and Lubricants Sold to Agricultural Producers

Agreements restricting competition are prohibited, however, the Government of the Russian Federation may specify the cases permitting them.

Decision of the Government of the Russian Federation No. 115 of March 3, 2010 on the Endorsement of the Rate of Export Customs Duty for Raw Oil Exported from the Territory of the Russian Federation and the Territories of the Member-States of the Customs Union Agreements in the Period from January 19 to February 1, 2010

The amount of the rate makes USD 0 per ton.

Decision of the Government of the Russian Federation No. 106 of February 28, 2010 on the Special Federal Stamps and Amendments to the Decision of the Government of the Russian Federation No. 785 of December 21, 2005

The amendments are stipulated by the creation of the Federal Service for the Regulation of the Alcoholic Market.

Order of the Ministry of Transport of the Russian Federation No. 21 of January 29, 2010 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 Air 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 the air points of transfer.

Federal Law No. 26-FZ of March 9, 2010 on the Amendments to Article 32 of the Federal Law on the Electric Power Supply Industry

The goal is to engage oil gas in economic turnovers for a more rational use of this raw material.

Federal Law No. 25-FZ of March 9, 2010 on the Amendments to the Federal Law on the Fund of Assistance of Reformation of the Housing and Communal Sector and Article 4 of the Federal Law on the Amendments to the Federal Law on the Fund of Assistance of Reformation of the Housing and Communal Sector and the Federal Law on the Participation in the Shared Construction of Apartment Houses and Other Objects of Immovable Property and on the Amendments to Some Legislative Acts of the Russian Federation and on Invalidation of Individual Provisions of Legislative Acts of the Russian Federation

The amendments are aimed at development of construction of low-rise homes.

Federal Law No. 24-FZ of March 9, 2010 on the Amendments to the Federal Law on the Procedure of Exit from the Russian Federation and Entry to the Russian Federation

Simplifies the entry to Russia for foreigners and stateless persons whose parents or spouses are citizens of Russia.

Federal Law No. 22-FZ of March 9, 2010 on the Amendment to Article 3 of the Federal Law on the Mortgage Securities

Refines the requirements to the mortgage credits included in the mortgage coverage of bonds.

Federal Law No. 20-FZ of March 9, 2010 on the Amendments to Individual Legislative Acts of the Russian Federation on the Issues of Reimbursement of Procedural Expenses

Introduces uniform rules of reimbursement of procedural expenses.

Decision of the Government of the Russian Federation No. 125 of March 4, 2010 on the List of Personal Information Recorded on Electronic Media Available in the Main Identification Documents of the Citizens of the Russian Federation Used to Exit the Russian Federation and Enter the Russian Federation

Identification documents of Russian citizens may contain electronic media with recorded personal information.

Decision of the Government of the Russian Federation No. 121 of March 4, 2010 on the Endorsement of the Regulation on the Licensing of Commodity Exchanges on the Territory of the Russian Federation

Introduces a new procedure of issuance, revocation and suspension of licenses for exchange activities.

Decision of Government of the Russian Federation No. 111 of March 2, 2010 on the Endorsement of the Regulation on the Licensing of Activities of Exchange Mediators and Exchange Brokers Concluding Contracts Being Derivative Financial Instruments Where the Basic Asset Is Exchange Commodity

Introduces a new procedure of issuance, redrawing, suspension and revocation of the above licenses.

Decision of the Government of the Russian Federation No. 122 of March 4, 2010 on the Amendments to Items 17 and 54 of the Rules of the Wholesale Market of Electric Energy (Power) in the Transient Period

The amendments pertain to supplies of electric energy (power) between the price zones of the wholesale market and the territories not covered by such zones.

Decision of the Government of the Russian Federation No. 126 of March 4, 2010 on the Amendments to Some Acts of the Government of the Russian Federation on the Issues of Improvement of State Regulation in the Area of Production and Circulation of Ethyl Alcohol, Alcoholic and Alcohol-Containing Products

Adjusts a number of acts of the Government of the Russian Federation in the area of production and circulation of ethyl alcohol, alcoholic and alcohol-containing products.

Decision of the Government of the Russian Federation No. 135 of March 9, 2010 on the Amendments to and Invalidation of Some of the Acts of the Government of the Russian Federation

The sphere of reference of the Federal Tax Service of Russia does not include now registration of contracts of commercial cession.

Decision of the Government of the Russian Federation No. 133 of March 9, 2010 on the Amendment to the Regulation on the Ministry of Transport of the Russian Federation

Extends the sphere of reference of the Ministry of Transport of Russia.

Decision of the Government of the Russian Federation No. 132 of March 9, 2010 on the Obligatory Requirements to Individual Types of Products and Associated Processes of Designing (Including Surveys), Production, Construction, Installation, Debugging, Operation, Storage, Transportation, Sale and Utilisation Available in the Technical Regulations of the Republic of Kazakhstan Being a Member-State of the Customs Union

Before the entry into force of the appropriate technical regulations, the Government of the Russian Federation may introduce obligatory requirements to individual types of products.

Decision of the Government of the Russian Federation No. 110 of March 2, 2010 on the Amendments to the List of Technological Equipment (Including Component and Spare Parts for It) Not Produced in the Russian Federation and Exempted from the Value Added Tax When Imported to the Customs Territory of the Russian Federation

Extends the list of technological equipment not produced in Russia and exempted from the value added tax at import.

Order of the Federal Service for Financial Markets No. 10-3/pz-n of January 26, 2010 on the Amendments to Some Orders of the Federal Service for Financial Markets

Revises the procedure of licensing of professional activities at the securities market.

Order of the Federal Service of State Statistics No. 86 of February 11, 2010 on the Endorsement of the Directions on the Filling of the Form of the Federal Statistical Monitoring 5-3 ~Information on Expenses for Production and Sale of Products (Goods, Works, Services)~

The new form is applied beginning with the report for January-March 2010.

Decree of the President of the Russian Federation No. 321 of March 16, 2010 on the Measures to Organise High-Speed Railway Transportation in the Russian Federation

Suggests a number of measures aimed at development of high-speed railway transportation (trains travelling faster than 200 km/h).

Decision of the Government of the Russian Federation No. 136 of March 9, 2010 on Some Measures to Introduce a Joint State Automatic Information System of Registration of the Volume of Production and Circulation of Ethyl Alcohol, Alcoholic and Alcohol-Containing Products and on the Amendments to Individual Acts of the Government of the Russian Federation

The amendments are stipulated by the creation of the Federal Service for Regulation of the Alcoholic Market.

Decision of the Government of the Russian Federation No. 117 of March 3, 2010 on the Procedure of Selection of Subjects of Electric Power Supply Industry and Consumers of Electric Energy Providing System Reliability Services and Procedure of Rendering of Such Services, As Well As on the Endorsement of Amendments to the Acts of the Government of the Russian Federation on the Issues of System Reliability Services

Specifies the procedure of selection of subjects of electric power supply industry and consumers of electric energy providing system reliability services.

Letter of the Federal Tax Service No. ShS-22-3/185@ of March 16, 2010 on the Information Necessary for the Calculation of the Tax on Extraction of Mineral Resources for Oil for February 2010

Provides information necessary for the calculation of the tax on extraction of mineral resources for oil for February 2010.

Order of the Federal Service for Financial Markets No. 10-6/pz-n of February 9, 2010 on the Endorsement of the List of Foreign Organisations Providing Registration of Rights for Securities Where Russia Depositaries May Open Accounts of Persons Acting in the Interests of Other Persons for Registration of Rights for Securities of Foreign Issuers Permitted for Public Placing and/or Public Circulation in the Russian Federation

In the cases of public placing and/or circulation of foreign securities, registration of rights for them is vested in Russian depositaries meeting certain requirements.

Order of the Federal Service for Financial Markets No. 09-61/pz-n of December 24, 2009 on the Amendments to the Order of the Federal Service for Financial Markets of Russia No. 08-17/pz-n of April 15, 2008 on the Registration of Rights for Investment Shares of Shared Investment Funds

Refines the procedure of keeping of the register of holders of investment shares of shared investment funds.

Decision of the Government of the Russian Federation No. 171 of March 19, 2010 on the Use of the Tenth Time Zone on the Territory of the Kamchatka Territory and the Chukotka Autonomous District

Switches over these territories to the tenth time zone from March 28, 2010.

Decision of the Government of the Russian Federation No. 170 of March 19, 2010 on the Use of the Second Time Zone on the Territory of the Samara Province

Switches over the Samara Province from the third to the second time zone.

Decision of the Government of the Russian Federation No. 166 of March 17, 2010 on the Use of the Second Time Zone on the Territory of the Republic of Udmurtia

Switches over Udmurtia to the second time zone (instead of the third one).

Decision of the Government of the Russian Federation No. 153 of March 17, 2010 on the Endorsement of the Rules of Granting Subsidies from the Federal Budget to Reimburse Expenses of Trade Organisations to Transport Inoperable Vehicles to the Points of Utilisation in the Framework of the Experiment of Encourage the Purchase of New Vehicles to Replace the Inoperable Ones and Handed over for Utilisation, As Well As to Create in the Russian Federation a System of Collection and Utilisation of Inoperable Vehicles

In 2010, natural persons may dispose of their cars and get a discount in the amount of Rbl 50,000 for the purchase of a new vehicle.

Order of the Ministry of Finance of the Russian Federation No. 14n of February 11, 2010 on the Drawing up and Submission by Mutual Insurance Companies of the Form of the Annual Statistical Report 2-S ~Information on the Activities of the Insurance (Medical Insurance) Organisation for the Year ___~ and ~Information on the Number of Members of the Mutual Insurance Company for the Year ___~

Specifies the particulars of the drawing up and submission of the annual statistical information by mutual insurance companies (form 2-S).

Order of the Ministry of Finance of the Russian Federation No. 13n of February 11, 2010 on the Drawing up and Submission by Mutual Insurance Companies of the Form of Statistical Report 1-S ~Information on the Main Figures of Activities of the Insurance Organisation for January 20___~ and ~Information on the Number of Members of the Mutual Insurance Company for January 20___~

Specifies the particulars of filling of this form.

Letter of the Federal Tax Service No. 3-6-03/535 of March 3, 2010 on the Procedure of Registration by the Payers of the Uniform Social Tax of Amounts of Reimbursement of Expenses of State Insurance for the Reported Periods of 2009 Obtained from the Executive Body of the Social Insurance Fund in 2010

The payers of the uniform social tax making payments to natural persons may spend independently resources for the purposes of state social insurance.

Order of the Federal Customs Service No. 172 of February 3, 2010 on the Amendments to the Order of the Federal Customs Service of Russia No. 1057 of September 4, 2007

Adjusts the instruction on the procedure of filling of the cargo customs declaration and the transit declaration.

Decision of the Government of the Russian Federation No. 150 of March 17, 2010 on the Invalidation of Some Acts of the Government of he Russian Federation

Excludes some types of insurance support.

Decision of the Government of the Russian Federation No. 149 of March 17, 2010 on the Amendments to the Decision of the Government of the Russian Federation No. 982 of December 1, 2009

Adjusts the joint list of products subject to obligatory certification. It does not contain now cigarettes.

Decision of the Government of the Russian Federation No. 148 of March 17, 2010 on the Amendment to the Decision of the Government of the Russian Federation No. 982 of December 1, 2009

The amendments pertain to the use of certificates of compliance for products issued before the entry into force of the Decision of the Government of the Russian Federation No. 982 of December 1, 2009.

Decision of the Constitutional Court of the Russian Federation No. 6-P of March 17, 2010 on the Case of Constitutionality of Provisions of Articles 117, Part 4 of Article 292, Articles 295, 296, 299 and Part 2 of Article 310 of the Code of Arbitration Procedures of the Russian Federation Pursuant to the Appeal of the Closed-Type Joint Stock Company Dovod

Challenged the norms of the Code of Arbitration Procedures of the Russian Federation pertaining to the restoration of the missed period of limitation permitting to appeal against court rulings as an enforcement procedure.

Information of the Central Bank of Russia of March 26, 2010

Reduces the rate of refinancing of the Central Bank of Russia from March 29, 2010 by 0.25% more.

Order of the Federal Tax Service No. MM-7-6/138@ of March 24, 2010 on the Endorsement of the Recommended Form of the Report of the Organisation of the Choice of the Tax Body to Register Several Separate Divisions of the Organisation Located in the Same Municipal Formation on the Territories Covered by Different Tax Bodies

Endorses a sample form of such report.

Order of the Ministry of Economic Development of the Russian Federation No. 464 of November 13, 2009

The bodies of power are provided with recommendations on the filling of electronic forms for submission of information on the state and municipal services (functions).

Decision of the Government of the Russian Federation No. 169 of March 18, 2010 on the Endorsement of the Coefficient of Indexing of Social Pensions from April 1, 2010

Social pensions are indexed on the annual basis taking into account the rates of growth of prices for goods and services in the previous year.

Decision of the Government of the Russian Federation No. 168 of March 18, 2010 on the Endorsement of the Coefficient of Indexing of the Estimated Pension Capital of the Insured

Specifies the coefficient of indexing of the estimated pension capital of the insured as of January 1, 2009, making 1.1427.

Decision of the Government of the Russian Federation No. 167 of March 18, 2010 on the Endorsement of the Coefficient of Additional Increase from April 1, 2010 of the Amount of the Insured Part of the Labour Old Age Pension and the Amount of the Labour Disability Pension and the Labour Lost Breadwinner Pension

Endorses the above figures.

Federal Law No. 31-FZ of March 29, 2010 on the Ratification of the Protocol on the Amendments to the Agreement between the Government of the Russian Federation and the Government of the Republic of Kazakhstan on the Particulars of Legal Regulation of Activities of Enterprises, Institutions and Organisations of the Railway Transport of October 18, 1996

Ratifies the above protocol.

Decision of the Government of the Russian Federation No. 187 of March 29, 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.

Direction of the Central Bank of Russia No. 2419-U of March 26, 2010 on the Amount of Interest Rates for the Deposit Operations of the Bank of Russia

The rate of refinancing of the Central Bank of Russia is once again reduced from March 29, 2010 to make 8.25%.

Direction of the Central Bank of Russia No. 2418-U of March 26, 2010 on the Amount of Interest Rates for the Credits Secured with Assets and Guarantees

Reduces the rates for credits secured with assets and guarantees.

Direction of the Central Bank of Russia No. 2417-U of March 26, 2010 on the Amount of Interest Rates for the Lombard Credits of the Bank of Russia

Reduces the interest rates for the lombard credits of the Central Bank of Russia to make 7.25% annual.

Direction of the Central Bank of Russia No. 2416-U of March 26, 2010 on the Amount of the Interest Rate for the Overnight Credit of the Bank of Russia

From March 29, 2010, reduces the interest rate for the overnight credit of the Bank of Russia to make 8.25% annual.

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