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 1.02.2023

Order of the Ministry of Finance of the Russian Federation No. 198n of December 29, 2022 - approval of the procedure for accounting by the Federal Treasury of revenues to the budgetary system of the Russian Federation and their distribution between the budgets of the budgetary system of the Russian Federation

Information of the Federal Service for the Alcohol Market Regulation, dated January 30, 2023 "To the attention of participants in the alcohol market!": clarification is updated concerning transportation of ethyl alcohol produced in the EAEU and bulk alcohol-containing products, with ethyl alcohol content of more than 25%, across Russia.

Decision of the Government of the Russian Federation No. 118 of January 28, 2023 - measures to implement Decree of the President of the Russian Federation No. 961 of December 27, 2022: since certain hostile countries introduced a "price cap" for Russian oil and oil products, the RF President imposed a ban on the supply of Russian oil and oil products to foreign persons or foreign entities if the contract for such supplies involves the use of a price cap mechanism. The overnment has determined the procedure for implementation of this ban.

Order of the Federal Tax Service No. ED-7-11/1264@ of December 27, 2022 - amendments to Annexes to Order of the Federal Tax Service No. ED-7-11/755@ of August 17, 2021: the Federal Tax Service has updated the application form for confirmation of the right to social deductions with respect to personal income tax.

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