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 26.09.2011

Decision of the Government of the Russian Federation No. 782 of September 23, 2011 on the Endorsement of the Rates of Export Customs Duties for Raw Oil and Individual Categories of Goods of Oil Exported Outside the Territory of the Russian Federation and the Territories of the Member-States of the Customs Union

Reduces the above rates.

Letter of the Federal Tax Service No. YeD-4-3/15639@ of September 23, 2011 on the Procedure of Release of Ethyl Alcohol to Organisations Producing Non-Excisable Alcohol-Containing Products and Alcohol-Containing Products in Metal Spray Containers

A new procedure of application of excise duty tax in the above cases is in effect from July 1, 2011.

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