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 18.08.2023

List of instructions following the visit to the exhibition "Development of the Creative Economy in Russia" (approved by the President of the Russian Federation on August 15, 2023): amendments to the legislation providing for full state financing of production and distribution of animated films for children and youth, as well as reduce to 3% the income tax rate for Russian producers of animated audiovisual products

Decision of the Board of Directors of the Bank of Russia, dated August 16, 2023 - establishing the period during which the limitation on the value of the full cost of a consumer credit (loan) is not subject to application: from August 16, 2023, until the end of 2023, the full cost of a consumer credit (loan) is not limited for all categories of consumer credits (loans), as well as for mortgage-backed consumer loans issued by microfinance organisations and POS financing.

Decree of the President of the Russian Federation No. 611 of August 16, 2023 - providing social guarantees to certain categories of citizens of the Russian Federation

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