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 2.12.2011

Federal Law No. 374-FZ of December 1, 2011 on the Ratification of the Treaty on the Eurasia Economic Commission

Creates the Eurasia Economic Commission.

Order of the Ministry of Finance of the Russian Federation No. 126n of October 10, 2011 on the Maximum Amount of One Bank Guarantee and the Maximum Amount of All Simultaneously Acting Bank Guarantees Issued by One Bank or One Another Credit Organisation, One Insurance Organisation for Acceptance of Bank Guarantees by the Customs Body As a Backing of Payment of Customs Duties, Taxes

Fixes the limiting amounts of bank guarantees.

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