OrbitaxRussia Clarifies Taxation of Gains Resulting from Withdrawal from an LLC under Tax Treaty with the Netherlands
|Treaty Development|Russia-Netherlands
The Russian Ministry of Finance has issued Letter No. 03-08-05/31309 concerning the taxation of gains derived by a Dutch resident following withdrawal from a Russian limited liability company. As per Russian law, if a member of an LLC ceases its membership, its stake passes to the LLC and the LLC is generally required to pay the member the actual value of the stake as determined by the LLC's fi…
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