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 12.07.2022

Decree of the President of the Russian Federation No.. 440 of July 11, 2022 on amending Decree of the President of the Russian Federation No. 183 of April 24, 2019 and Decree of the President of the Russian Federation No. 187 of April 29, 2019 - The President expanded the circle of persons entitled to receive Russian citizenship in a simplified manner

Information Letter of the Bank of Russia No. IN-018-59/91 of July 8, 2022 - The Central Bank of the Russian Federation clarified the conditions for maintaining the investment tax deduction when transferring foreign securities

Information of the Federal Air Transport Agency dated July 11, 2022 a number of airports in the south and central part of Russia are closed for flights until July 18

Decision of the Board of Directors of the Bank of Russia dated July 8, 2022 on the levels of credit ratings established in accordance with Regulations of the Bank of Russia No. 706-P of December 19, 2019 on Securities Issuance Standards

Official Clarification of the Bank of Russia No. 8-OR of July 8, 2022 on the application of Item 5 of Decree of the President of the Russian Federation No. 430 of July 5, 2022 on the repatriation of foreign currency and the currency of the Russian Federation by residents participating in foreign economic activity - Nuances of fulfilment of obligations under syndicated loan agreements the parties to which are payment agents from unfriendly states

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