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 23.05.2022

Information of the Bank of Russia dated May 19, 2022 The Bank of Russia has softened the temporary procedure for cash transactions - From May 20, 2022, banks can sell any cash foreign currency to citizens without restrictions, except for US dollars and euros.

Decision of the Government of the Russian Federation No. 895 of May 18, 2022 on approval of the Rules for the provision of subsidies from the federal budget to credit institutions to compensate for lost income on loans issued for the purchase of priority products for imports

Instructions following the meeting on the development of the metallurgical complex - The Council of Ministers will have to work out the issue of optimizing the tax burden on metallurgists and the coal industry.

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