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 7.05.2010

Decision of the Government of the Russian Federation No. 301 of May 4, 2010 on the Amendments to the Regulation on the Ministry of Economic Development of the Russian Federation

Extends the sphere of reference of the Ministry of Economic Development of Russia.

Order of the Ministry of the Industry and Trade of the Russian Federation No. 332 of April 27, 2010 on the Endorsement of the List of Motor Vehicles and Communal Equipment for the Purchase by Subjects of the Russian Federation Using Subsidies

Endorses a new list of motor vehicles and communal equipment purchased in 2010 by regions at the expense of the federal subsides.

Order of the Ministry of Public Health and Social Development of the Russian Federation No. 112n of February 26, 2010 on the Endorsement of the Explanations on the Use of Individual Norms of the Federal Law No. 212-FZ of July 24, 2009 on the Insurance Contributions to the Pension Fund of the Russian Federation, Social Insurance Fund of the Russian Federation, Federal Fund of Obligatory Medical Insurance and Territorial Funds of Obligatory Medical Insurance Pertaining to Collection of Insurance Contributions from Payments and Other Rewards to Natural Persons under Commissioning Agreements, Agreements of Alienation of the Exclusive Right for the Pieces of Science, Literature, Art, Publishing License Agreements, Licenses Agreements

Explains application of the norms of the law on insurance contributions pertaining to payments and other rewards to natural persons.

Direction of the Central Bank of Russia No. 2443-U of April 29, 2010 on the Interest Rates for the Deposit Operations of the Bank of Russia

Reduces by 0.25 percentage points the rates for deposit operations of the Bank of Russia.

Direction of the Central Bank of Russia No. 2442-U of April 29, 2010 on the Interest Rates for the Credits Secured with Assets and Guarantees

Reduces the rates for the credits secured with assets and guarantees and granted to credit organisations.

Direction of the Central Bank of Russia No. 2441-U of April 29, 2010 on the Interest Rates for the Lombard Credits of the Bank of Russia

The rate of refinancing of the Bank of Russia is reduced to 8%.

Direction of the Central Bank of Russia No. 2440-U of April 29, 2010 on the Interest Rate for the Overnight Credits of the Bank of Russia

Reduces from April 30, 2010 the interest rate for the overnight credit from 8.25% to 8% annual.

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