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 19.09.2012

Decision of the Government of the Russian Federation No. 923 of September 13, 2012 on the Endorsement of the List of Strategic Goods and Resources for the Purposes of Article 226.1 of the Criminal Code of the Russian Federation

Specifies the list of goods implying criminal responsibility in the cases of smuggling.

Letter of the Federal Tax Service No. AS-4-3/15360@ of September 14, 2012 on the Information Necessary for Calculation of the Tax on Extraction of Mineral Resources for Oil for August 2012

Increases the rate of the above tax in August 2012.

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