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 5.01.2013

Federal Law No. 326-FZ of December 30, 2012 on the amendments to Articles 26 and 28 of the Federal Law on the Public Chamber of the Russian Federation – activities of the business ombudsman are vested in the Public Chamber

Federal Law No. 324-FZ of December 30, 2012 on the amendments to the Federal Law on the purchase of goods, works, services by individual types of legal entities – certain power-supply organisations are withdrawn from the regulated sector

Federal Law No. 323-FZ of December 30, 2012 on the amendments to the Law of the Russian Federation on subsoil resources and individual legislative acts of the Russian Federation – eliminates contests for the parts of subsoil resources of federal significance

Federal Law No. 317-FZ of December 30, 2012 on the amendments to Articles 29 and 194 of the Code of Arbitration Procedures of the Russian Federation – specifies the normative legal acts disputed in arbitration courts

Federal Law No. 316-FZ of December 30, 2012 on the amendments to the Code of Administrative Violations of the Russian Federation – calculation of the period of limitation of the cases of administrative violations

Federal Law No. 315-FZ of December 30, 2012 on the amendments to the Federal Law on the legal status of foreign citizens in the Russian Federation and Articles 18.9 and 28.3 of the Code of Administrative Violations of the Russian Federation – the inviting party is liable for the violation of the rules of stay of foreigners in Russia

Federal Law No. 314-FZ of December 30, 2012 on the amendments to Articles 3.7 and 8.28 of the Code of Administrative Violations of the Russian Federation – prohibits confiscation of equipment other than that owned by the culpable party in the cases of illegal wood felling

Federal Law No. 301-FZ of December 30, 2012 on the ratification of the Protocol on the amendments to the Agreement between the Russian Federation and the Grand Duchy of Luxembourg on avoidance of double taxation and prevention of evasion of taxes for the income tax and the property tax

Federal Law No. 292-FZ of December 30, 2012 on the ratification of the Agreement between the Government of the Russian Federation and the Government of the Republic of Belarus on the terms of purchase and sale of stocks and further activities of the open-type joint-stock company Beltransgaz

Federal Law No. 290-FZ of December 30, 2012 on the amendments to the Federal Law on the assistance of development of housing construction and individual legislative acts of the Russian Federation – the Federal Fund of Assistance of Development of Housing Construction gets the right of construction control

Federal Law No. 289-FZ of December 30, 2012 on the amendments to the City Planning Code of the Russian Federation and individual legislative acts of the Russian Federation – confines the object of regulation of the Law on tariff rates of organisations of the communal complex

Federal Law No. 286-FZ of December 30, 2012 on the amendments to Articles 2 and 5 of the Federal Law on the state regulation of production and circulation of ethyl alcohol, alcoholic and alcohol- containing products and on restriction of consumption (drinking) of alcoholic products and Articles 5 and 6 of the Federal Law on the amendments to the Federal Law on the state regulation of production and circulation of ethyl alcohol, alcoholic and alcohol-containing products and individual legislative acts of the Russian Federation and invalidation of the Federal Law on the restriction of retail sale and consumption (drinking) of beer and drinks on its basis – the carriers of ethyl alcohol and producers of beer get a six months extension schedule

Federal Law No. 281-FZ of December 29, 2012 on the amendments to the Federal Law on the mortgage securities – new rules of issuance of bonds with a mortgage coverage

Federal Law No. 278-FZ of December 29, 2012 on the amendments to Articles 336 and 337 of Part 2 of the Tax Code of the Russian Federation and Article 6 of the Federal Law on the amendments to the Budget Code of the Russian Federation and individual legislative acts of the Russian Federation – coalbed methane is not covered by the tax on extraction of mineral resources

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