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 13.12.2023

Decision of the Government of the Russian Federation No. 2090 of December 9, 2023 on some issues of confiscation of a passport of a citizen of the Russian Federation, outside the territory of the Russian Federation, or a diplomatic passport, or a service passport

Order of the Federal Tax Service No. ED-7-26/648@ of September 19, 2023 on approval of the format of the power of attorney confirming the powers of the authorised representative of the taxpayer in relations regulated by the legislation on taxes and fees, in electronic form and the procedure for sending it via telecommunication channels

Decision of the Board of Directors of the Bank of Russia of December 8, 2023 on approval of the procedure and terms of interaction between professional securities market participants and their clients, as well as with the trading organiser for the purpose of carrying out transactions with foreign securities and transactions necessary for their implementation - Frozen assets can be sold to non-residents

Federal Law No. 587-FZ of December 12, 2023 on amending the Fundamentals of the Legislation of the Russian Federation on Notaries and the Federal Law "Consular Regulations of the Russian Federation" - From July 1, 2024, consuls will be able to certify that an electronic document is equivalent to a paper one

Federal Law No. 571-FZ of December 12, 2023 on the ratification of the Agreement between the Government of the Russian Federation and the Government of the Sultanate of Oman on the avoidance of double taxation in relation to taxes on income and the prevention of tax avoidance and evasion and the Protocol thereto

Federal Law No. 566-FZ of December 12, 2023 on invalidation of parts two and nine of Article 5.1 of the Federal Law on Banks and Banking Activities”- Banks with a basic licence will be able to open correspondent accounts in foreign banks on an ongoing basis

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