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 23.07.2012

Decision of the Constitutional Court of the Russian Federation No. 18-P of July 16, 2012 on the Case of Constitutionality of Part 1 of Article 3.1 of Federal Law No. 216-FZ of July 24, 2007 on the Amendments to Part 2 of the Tax Code of the Russian Federation and Certain Other Acts of the Legislation of the Russian Federation Pursuant to the Request of the Yuzhno-Sakhalinsk City Court of the Sakhalin Province

Examines the amendments pertaining to application of the income tax from natural persons to contracts of voluntary long-term life insurance.

Decision of the Plenum of the Higher Arbitration Court of the Russian Federation No. 36 of June 22, 2012 on the Amendments to Decision of the Plenum of the Higher Arbitration Court of the Russian Federation No. 63 of December 23, 2010 on Certain Issues of Application of Chapter III.1 of the Federal Law on Insolvency (Bankruptcy)

Refines explanations on the procedure for challenging transactions of a debtor undergoing bankruptcy proceedings.

Decision of the Plenum of the Higher Arbitration Court of the Russian Federation No. 35 of June 22, 2012 on Certain Procedural Issues in the Cases of Bankruptcy

Provides explanations for the above cases.

Decision of the Government of the Russian Federation No. 723 of July 17, 2012 on the State Summary Register of Issued, Suspended and Revoked Licenses for Production and Circulation of Ethyl Alcohol, Alcoholic and Alcohol-Containing Products

Specifies a procedure for keeping the above register.

Order of the Ministry for Emergency Situations of the Russian Federation No. 350 of June 21, 2012 on the Amendments to Appendix 2 to Order of the Ministry for Emergency Situations No. 91 of February 24, 2009

The fire safety declaration may be submitted through Internet.

Order of the Ministry of Culture of the Russian Federation No. 666 of June 27, 2012 on the Endorsement of the Administrative Regulation of the Federal Agency for Tourism on the Provided State Service of Informing According to the Available Procedure of Tour Operators, Agents and Tourists (Tourists on Excursions) of the Dangers in the Country (Place) of Temporary Stay

Specifies a procedure for requesting the above information.

Order of the Ministry of Transport of the Russian Federation No. 114 of April 26, 2012 on the Endorsement of the Administrative Regulation of the Federal Service for Supervision over Transport on the Checks Carried out in the Course of the Federal State Transport Supervision of Observance of the Legislation of the Russian Federation, Including the International Treaties in the Area of Civil Aviation, Aeronavigation Services for Users of Air Space of the Russian Federation, Aviation and Space Rescue Operations

Specifies the powers of the transport inspector.

Order of the Ministry of Communication and Mass Communication Infrastructure of the Russian Federation No. 113 of April 18, 2012 on the Endorsement of the Administrative Regulation of the Federal Service for Supervision over Communication, Information Technologies and Mass Communication Infrastructure on the Provided State Service of Licensing of Activities of Manufacture of Copies of Audio and Video Pieces, Computer Programs, Databases and Phonograms on Any Media (Except for the Cases When the Mentioned Activities Are Carried out Independently by the Persons Holding the Rights for the Use of the Mentioned Objects of Copyright and Adjacent Rights by Virtue of the Federal Law or Contract)

Specifies the above procedures.

Information Letter of the Federal Tax Service of July 20, 2012 "Calculation of the Rate of the Tax on Extraction of Mineral Resources"

The tax for oil in June 2012 is reduced.

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