Windfall tax for major companies to be introduced in Russia

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Monitoring of the Federal Legislation dated 26.04.2012

Federal Law No. 38-FZ of April 25, 2012 on the Amendments to the Federal Law on Concession Agreements and Article 16 of the Federal Law on the State Company Russian Highways and on the Amendments to Individual Legislative Acts of the Russian Federation

New features in concession agreements in construction.

Decision of the Government of the Russian Federation No. 352 of April 23, 2012 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 Agreements

Reduces the rate of export customs duty for oil from May 1.

Order of the Federal Tax Service No. MMV-7-8/164@ of March 19, 2012 on the Amendments to the Order of the Federal Tax Service No. MMV-7-8/469@ of September 28, 2010 on the Endorsement of the Procedure for Tax Bodies to Change the Deadline of Payment of the Tax and Fee, As Well As the Penalty and Fine

Specifies the amendments for investment credits.

Order of the Federal Tax Service No. MMV-7-3/174@ of March 22, 2012 on the Endorsement of the Form and Format for Submission of the Tax Declaration for the Tax on Profits of Organisations, Its Filling Procedure

Endorses a new such form.

Order of the Ministry of Transport of the Russian Federation No. 96 of April 16, 2012 on the Amendments to the Rules of Pre-Flight and Post-Flight Inspections Endorsed by the Order of the Ministry of Transport of the Russian Federation No. 104 of July 25, 2007

Adjusts the rules of passenger and luggage inspections in airports.

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