Russia Looking to Revise Tax Treaty with Singapore
The Russian government has reportedly expressed its intent to begin negotiations for the revision of the 2002 income tax treaty with Singapore in order to provide for a minimum withholding tax rate of 15% on dividends and interest. The current treaty provides for a 5% withholding tax rate on dividends if holding at least 15% of the paying company's capital, otherwise, the rate is 10%, and provi…
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