Amending Protocol to Tax Treaty between the Netherland and Russia Under Negotiation
Officials from the Netherlands and Russia have reportedly begun negotiation for an amending protocol to the 1996 tax treaty between the two countries to provide for a minimum withholding tax rate of 15% on dividends and interest. Under the current provisions of the Russia-Netherlands treaty, interest is exempt from withholding and a 5% withholding tax rate applies if the beneficial owner is a c…
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