OrbitaxRussia Clarifies that Dividends Paid by Vladivostok Free Port Companies may be Eligible for Reduced Treaty Rate
|Treaty Development|Russia-Australia
The Russian Ministry of Finance has published Letter No. 03-08-05/53455 of 12 August 2017, which clarifies whether dividends paid by a resident of the Vladivostok free port (0% corporate tax rate) to a resident of Australia are eligible for the reduced withholding tax rate (5%) provided under the 2000 Australia-Russia tax treaty. As part of the conditions for the 5% rate, the dividends must be …
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