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 5.07.2010

Federal Law No. 152-FZ of July 2, 2010 on the Amendments to the Federal Law on Concession Agreements and Individual Legislative Acts of the Russian Federation

Refines the law on concession agreements.

Federal Law No. 151-FZ of July 2, 2010 on Microfinance Activities and Microfinance Organisations

Permits to develop microfinance activities in Russia.

Federal Law No. 150-FZ of July 2, 2010 on the Amendments to Article 10 of the Federal Law on the Particulars of Alienation of Immovable Property Available with the Subjects of the Russian Federation or Municipal Formations and Leased by Subjects of Small and Medium-Size Businesses and on the Amendments to Individual Legislative Acts of the Russian Federation

Subjects of small and medium-size businesses may purchase on the priority basis immovable property they lease.

Federal Law No. 148-FZ of July 1, 2010 on the Amendments to Articles 13.1 and 29 of the Federal Law on the Banks and Banking Activities

The amendments are expected to protect the interests of users of cash dispensers.

Federal Law No. 147-FZ of July 1, 2010 on the Amendments to the Criminal Code of the Russian Federation and to Article 151 of the Code of Criminal Procedures of the Russian Federation

The goal of the amendments is combating corporate raid.

Federal Law No. 146-FZ of July 1, 2010 on the Amendments to Article 25 of the Federal Law on the Trade-Unions, Their Rights and Guaranties of Activities

The amendments pertain to employees included in the trade-union bodies.

Federal Law No. 144-FZ of July 1, 2010 on the Amendments to the Code of Criminal Procedures of the Russian Federation

Refines the procedure of reimbursement from the federal budget of the property damage to the rehabilitated.

Federal Law No. 142-FZ of July 1, 2010 on the Amendments to Article 1 of the Federal Law on the Military and Technical Cooperation of the Russian Federation with Foreign States

Refines the definition of the products of military destination.

Federal Law No. 141-FZ of July 1, 2010 on the Amendments to Article 337 of the Seafaring Code of the Russian Federation

Refines the notion of the rescue operation.

Federal Law No. 140-FZ of July 1, 2010 on the Ratification of the Agreement between the Government of the Russian Federation and the Government of Australia on Cooperation in the Use of Nuclear Energy for Peaceful Purposes

Ratifies the intergovernmental agreement signed on September 7, 2007.

Federal Law No. 139-FZ of July 1, 2010 on the Ratification of the Holidays with Pay Convention (Revised), 1970 (No. 132)

Ratifies the above convention.

Federal Law No. 138-FZ of July 1, 2010 on the Ratification of the Collective Bargaining Convention (No. 154)

Ratifies the above convention.

Federal Law No. 137-FZ of July 1, 2010 on the Ratification of the Workers| Representatives Convention (No. 135)

Ratifies the above convention.

Federal Law No. 136-FZ of July 1, 2010 on the Amendments to the Federal Law on Audit Activities

Refines the above law.

Federal Law No. 134-FZ of July 1, 2010 on the Ratification of the Agreement between the Government of the Russian Federation and the Government of the Greek Republic on Seafaring

Ratifies the above intergovernmental agreement.

Decree of the President of the Russian Federation No. 780 of June 23, 2010 ~Issues of the Federal Service for Ecological, Technological and Nuclear Enforcement~

The Federal Service for Ecological, Technological and Nuclear Enforcement is handed over from the Ministry of Natural Resources of Russia directly to the Government of the Russian Federation.

Decision of the Presidium of the Higher Arbitration Court of the Russian Federation No. 16678/09 of May 25, 2010

The company was fined for the abuse of the dominating position at the commodity market.

Order of the Federal Tax Service No. MMV-7-8/235@ of May 18, 2010 on the Endorsement of the Form of the Demand to Return to the Budget Amounts of the Value Added Tax Excessively Received by the Taxpayer (Offset) According to the Declarative Procedure

According to the Tax Code of the Russian Federation, the taxpayer is entitled for an offsetting (return) of the tax declared for reimbursement in the tax declaration.

Order of the Ministry of Power Supplies of the Russian Federation No. 149 of April 7, 2010 on the Endorsement of the Procedure of Conclusion and Significant Terms of the Contract Regulating the Terms of Installation, Replacement and/or Operation of Recorders of Used Energy Resources

From July 1, 2010, some organisations must install recorders of energy resources they supply or transfer.

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