Windfall tax for major companies to be introduced in Russia

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Monitoring of the Federal Legislation dated 8.04.2010

Decision of the Government of the Russian Federation No. 89 of February 24, 2010 on Some Issues of Organisation of the Long-Term Competitive Power Extraction at the Wholesale Market of Electric Energy (Power)

To ensure a sufficient volume of generating capacity in the Joint Power Supply System of Russia, a long-term competitive power extraction will be organised at the wholesale market.

Letter of the Ministry of Finance of the Russian Federation No. 02-06-07/1169 of April 1, 2010

Works out methodology recommendations for the switchover to the new provisions of the Budget Accounting Instruction introduced by the Order of the Ministry of Finance of Russia No. 152n of December 30, 2009.

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