Windfall tax for major companies to be introduced in Russia

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Monitoring of the Federal Legislation dated 21.06.2011

Federal Law No. 146-FZ of June 17, 2011 on Amending Articles 348.2 and 348.11 of the Labour Code of the Russian Federation

Concerns the use of doping by sportsmen. A sportsman's labour contract is to include his undertaking to observe international and domestic anti-doping rules and provide information on his whereabouts for testing purposes. A contract concluded with a coach must include his undertaking to take measures for preventing a breach of said rules by sportsmen. Employers have the duty to make sure sportsmen and coaches know said rules. From now on, the labour contract may be rescinded for a breach of said rules rather than for the use of prohibited substances or methods revealed by tests. The fact that the breach has taken place must be recognised by a relevant anti-doping organisation.

Order of the Ministry of Public Health and Social Development of the Russian Federation No. 347n of April 26, 2011 on Endorsing the Form of a Sick Leave Certificate

A new sick leave certificate form is introduced, effective from July 1, 2011, allowing the accrual of a sickness benefit according to new rules (on the basis of the average wage for two calendar years).

Letter of the Ministry of Finance of the Russian Federation No. 02-03-06/2736 of June 20, 2011

From January 1, 2012 the proceeds from the provision of services by federal state institutions for payment, the use of federal property and from other activities will be entered in the federal budget. When budget appropriations for them are being determined account may be taken of the expenses towards their provision of services for payment.

Letter of the Federal Tax Service No. ED-4-3/9530@ of June 16, 2011 on the Data Required for Computing the Mining Tax on Oil for the Month of May of 2011

The letter explains how the rate of the mining tax on oil is to be calculated for the month of May of 2011 depending on the variation in the world oil prices and the degree of depletion of a specific oilfield tract.

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