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 1.07.2022

Federal Law No. 212-FZ of June 28, 2022 on amending the Law on Measures of Influence (Counteraction) Against Unfriendly Actions of the United States of America and Other Foreign States. These amendments fix the list of measures that can be introduced by the President to ensure the financial stability of the country

Letter of the Ministry of Finance of the Russian Federation No. 24-01-09/61077 of June 27, 2022 on the application of Decision of the Government of the Russian Federation No. 937 of May 23, 2022 - From July 1, 2022, companies included in the register of unscrupulous suppliers cannot participate in procurement due to the refusal to execute a contract with a customer who fell under foreign sanctions.

Decision of the Government of the Russian Federation No. 1142 of June 25, 2022 - The RF Government has expanded the list of priority imported products for the purchase of which importers can take a soft loan.

List of instructions based on the results of audits of compliance with legislation and decisions of the President aimed at developing a promising mineral resource base - Extraction and processing of solid minerals will be reoriented to domestic demand and domestic technologies.

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