Windfall tax for major companies to be introduced in Russia

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Monitoring of the Federal Legislation dated 12.03.2021

Federal Law No. 40-FZ of March 9, 2021 on amending the Federal Law on the Procedure for Making Foreign Investments in Companies Which Are of Strategic Importance for Ensuring the Country's Defence and State Security - Indulgences have been introduced on foreign investments in some strategic joint stock companies and limited liability companies.

Federal Law No. 37-FZ of March 9, 2021 on amending the Code of Administrative Offences of the Russian Federation - Fines for violation of campaign rules increased in Russia.

Federal Law No. 36-FZ of March 9, 2021 on amending the Code of Administrative Offences of the Russian Federation - It was decided to punish more severely for violation of fire safety requirements.

Federal Law No. 32-FZ of March 9, 2021 on the ratification of the Protocol Amending the Convention Between the Government of the Russian Federation and the Government of Malta for the Avoidance of Double Taxation and the Prevention of Fiscal Evasion with Respect to Taxes on Income of 24 April 2013 - Russia and Malta agree to raise tax rates on dividends and interest.

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