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 1.03.2012

Federal Law No. 9-FZ of February 28, 2012 on the Ratification of the Protocol on the Amendments to the Agreement between the Government of the Russian Federation and the Government of the Republic of Cyprus on Avoidance of Double Taxation for the Taxes on Incomes and Capital of December 5, 1998

Refines the above agreement.

Federal Law No. 8-FZ of February 28, 2012 on the Amendments to the Federal Law on Geodesy and Cartography and Article 12 of the Federal Law on the Amendments to Certain Legislative Acts of the Russian Federation on the Issue of Registration of Rights of Citizens for Individual Objects of Immovable Property According to the Simplified Procedure

Specifies the issues of assistance of the bodies of state power in this area.

Federal Law No. 6-FZ of February 28, 2012 on the Amendments to Article 8 of the Federal Law on the Development of Agriculture

The period of programs of development of agriculture will be specified by the Government of the Russian Federation.

Federal Law No. 5-FZ of February 28, 2012 on the Ratification of the Convention between the Government of the Russian Federation and the Government of the Republic of Chile on Avoidance of Double Taxation and Prevention of Evasion of Taxes on Incomes and Capital

Ratifies the above convention.

Decision of the Government of the Russian Federation No. 1208 of December 30, 2011 on the Amendments to the Rules of Cargo Transportation by the Road Transport

Refines the above rules.

Order of the Ministry of Finance of the Russian Federation No. 115n of September 21, 2011 on the Endorsement of the Administrative Regulation on the Execution by the Ministry of Finance of the Russian Federation of the State Function of State Control (Supervision) of Activities of Self-Regulating Organisations of Auditors

Specifies the above procedures.

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