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Russia Clarifies Taxation of Income Received by a Shareholder in the Form of Property Upon Withdrawal or Liquidation

|Approved Changes|Russia
Russia

Russia's Ministry of Finance recently published Letter No. 03-03-06/2/55668 on the taxation of income received by a shareholder in the form of property upon withdrawal from or liquidation of a company. The letter includes that from 1 January 2019, income from an equity participation in a company paid in the form of dividends also includes income in the form of property (property rights) receiv…

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