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 27.06.2016

Federal Law No. 222-FZ of June 23, 2016 modifying the regulation of insurers' activities and the bankruptcy procedure for them

Federal Law No. 221-FZ of June 23, 2016 optimising and systematising the activities and legal environment for the operation of the unified housing sector development institute -- in which all shares are owned by Russia -- that acquires the functions of the Federal Fund for the Promotion of Housing Construction that is going to be liquidated

Federal Law No. 219-FZ of June 23, 2016 envisaging the creation of a single state register of acts of civil status

Federal Law No. 218-FZ of June 23, 2016 modifying the Forest Code of Russia as it concerns reporting, protection of woodlands, lease of forest tracts, penalties for breach of forest laws

Federal Law No. 217-FZ of June 23, 2016 setting a cap on forfeit money for default on repayment of mortgage loans

Federal Law No. 216-FZ of June 23, 2016 allowing switch to uniform agricultural tax for the certain categories of taxpayers which provide auxiliary services to commercial agricultural producers

Federal Law No. 215-FZ of June 23, 2016 obligating companies to obtain, store and provide on authorities' request information about their beneficiary owners. This duty does not extend to state bodies and corporations as well as companies with an over 50 per cent stake of international organisations etc.

Federal Law No. 213-FZ of June 23, 2016 streamlining administrative liability for breach of customs rules

Federal Law No. 212-FZ of June 23, 2016 establishing accountability for failure to make sure Russian currency gets into bank accounts when accounts are being settled for foreign trade contracts

Federal Law No. 210-FZ of June 23, 2016 postponing the due dates for elaboration of documents on strategic planning, for instance a strategy for Russia's socioeconomic development is to be prepared by January 1, 2018

Federal Law No. 208-FZ of June 23, 2016 making the owner of a news aggregator to verify information of importance for the public before placing it, and avoid being used to commit crimes, disclose state secrets, disseminate calls for terrorism, pornography etc. Only a Russian legal entity or citizen may own a news aggregator

Federal Law of June 23, 2016 No. 207-FZ allowing to correct errors committed at declaration of goods without being held liable under administrative law, however, this does not extend to strategically important goods and resources

Federal Law No. 204-FZ of June 23, 2016 allowing the multi-subject use of a radio-frequency spectrum

Federal Law of June 23, 2016 No. 203-FZ taking the purchase of precious metals and stones for replenishment of regional funds out of the area regulated by the law on contractual system

Federal Law of June 23, 2016 No. 202-FZ imposing a ban on the sale of alcoholic products in polymer bottles over 1.5 litres effective from next year

Federal Law of June 23, 2016 No. 200-FZ vesting the power to consider cases of breach of maritime navigation rules in the area of Northeast Passage in the border guard service

Federal Law of June 23, 2016 No. 198-FZ extending the list of the documents whose lack is deemed ground for refusal to issue a commissioning permit for a construction site

Federal Law of June 23, 2016 No. 196-FZ making among others consumers of electricity responsible for the observance of reliability and safety precautions

Federal Law of June 23, 2016 No. 195-FZ clarifying the circumstances in which no proceeding takes place in a case of administrative offence

Federal Law of June 23, 2016 No. 188-FZ giving concerned persons access to the information customs bodies have about the clearance of goods

Information of the Ministry of Economic Development of the Russian Federation of June 24, 2016 defining the rates of export customs duties on crude oil and certain products made from it

Decision of the Social Insurance Fund of the Russian Federation No. 61 of May 31, 2016 on the values of basic indicators for 2017 by the type of economic activity

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