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Russia Clarifies Participation Exemption for Dividends Received by Foreign Entities Recognized as Resident

|Approved Changes|Russia
Russia

Russia's Federal Tax Service has released Letter No. SD-4-3/11747 of 20 August 2021 regarding a foreign entity's eligibility for the participation exemption for dividends received when the entity operates in Russia through a standalone division and has voluntarily recognized itself as a tax resident in Russia. Russia's participation exemption (0% rate) for dividends is generally available for r…

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