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 19.11.2010

Decision of the Government of the Russian Federation No. 903 of November 13, 2010 on the Amendments to the Regulation on the Licensing of Pharmacy Activities

The procedure of licensing of pharmacy activities is being brought in compliance with the legislation on the circulation of medicines.

Decision of the Government of the Russian Federation No. 895 of November 12, 2010 on the Demand for Foreign Workforce Attracted to the Russian Federation and Endorsement of the Appropriate Quotas for the Year 2011

In 2011, Russia is ready to accept 1,745,584 foreign workers.

Decision of the Government of the Russian Federation No. 892 of November 12, 2010 on the Rate of Export Customs Duty for Non-Alloyed Nickel Exported from the Territory of the Russian Federation outside the Member-States of the Customs Union Agreements

Increases the rate of export duty from 5% to 10%.

Order of the Ministry of Finance of the Russian Federation No. 129n of October 21, 2010 on the Endorsement of the Particulars of Registration in the Tax Bodies of Foreign Natural Persons Not Being Individual Entrepreneurs

Specifies the above particulars.

Order of the Federal Tax Service No. MMV-7-10/478@ of October 5, 2010 on the Endorsement of the Uniform Standard of Servicing of Taxpayers

The standard is obligatory for all territorial bodies of the Federal Tax Service of Russia.

Main Directions of the Uniform State Monetary and Crediting Policy for the Year 2011 and for the Period of 2012 and 2013 (Approved by the Board of Directors of the Bank of Russia on November 12, 2010)

The main goal is to restrain inflation to within 5%-7% per year.

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