Windfall tax for major companies to be introduced in Russia

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Monitoring of the Federal Legislation dated 1.06.2020

Instructions of the Bank of Russia No. 201-I of January 13, 2020 on the procedure for the Bank of Russia to verify compliance with the requirements of Federal Law No. 224-FZ of July 27, 2010 on Countering the Illegal Use of Inside Information and Market Manipulation and on Amending Certain Legislative Acts of the Russian Federation

Direction of the Bank of Russia No. 5432-U of April 8, 2020 on amending Regulations of the Bank of Russia No. 622-P of December 26, 2017 - Information on the ownership structure of insurance, management and microfinance companies can be found on the website of the Central Bank of the Russian Federation.

Information Letter of the Bank of Russia No. IN-06-59/93 of May 28, 2020 on the implementation by creditors of restructuring programmes for loans - Borrowers should be aware of the reasons for refusing a repayment holiday.

Letter of the Federal Tax Service No. ED-20-8/71@ of May 26, 2020 - Debt will not be collected from taxpayers until July .

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