Windfall tax for major companies to be introduced in Russia

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Monitoring of the Federal Legislation dated 28.10.2011

Decision of the Government of the Russian Federation No. 862 of October 25, 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 Members-States of the Customs Union

From November 1, reduces the export duties for oil and certain goods of oil.

Decision of the Government of the Russian Federation No. 861 of October 24, 2011 on the Federal State Information Systems Providing State and Municipal Services (Execution of Functions) in the Electronic Form

The state and municipal services may be provided in the electronic form through the joint portal.

Order of the Federal Tax Service No. MMV-7-3/576@ of September 16, 2011 on the Endorsement of the Procedure for Submission to the Tax Bodies of Information on Incomes of Natural Persons and Reports of the Failure to Collect the Tax and the Amount of the Income Tax from Natural Persons

Specifies the above procedure.

Information of the Central Bank of Russia of October 28, 2011

The rate of refinancing is not changed making 8.25% annual.

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