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 21.03.2024

Decree of the President of the Russian Federation No. 198 of March 19, 2024: additional temporary economic measures related to fulfillment of obligations under certain securities

Order of the Federal Tax Service No. ED-7-23/53@ of January 22, 2024: approval of forms and formats of documents used in drawing up a reasoned opinion of a tax authority in electronic form, forms of a reasoned opinion of a tax authority and requirements for their formalising

Decree of the President of the Russian Federation No. 199 of March 19, 2024: amendments to Decree of the President of the Russian Federation No. 520 of August 5, 2022 "On application of special economic measures in the financial and fuel and energy sectors in connection with the unfriendly actions of certain foreign states and international organisations

Direction of the Bank of Russia No. 6671-U of January 15, 2024: amendments to Direction of the Bank of Russia No. 5968-U of October 5, 2021 "On minimum (standard) requirements for conditions and procedure for voluntary life insurance with the condition of periodic insurance payments (rents, annuities) and (or) with participation of a policyholder in the investment income of the insurer, to the volume and content of the information provided on the voluntary life insurance contract with the condition of periodic insurance payments (rents, annuities) and (or) with participation of the policyholder in the investment income of the insurer, as well as the form, methods and procedure for providing such information". The consumer value of investment and cash-value life insurance policies has been increased.

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