OrbitaxTreaty between Russia and Turkey – Russia MoF clarified the tax treatment applicable to income paid to a UK branch of a Turkish bank
|Treaty Development|Russia; Turkey; United Kingdom
Recently, the Ministry of Finance published Letter No. 03-08-05/15689 clarifying the tax treatment of income paid by a Russian bank to a branch of a Turkish bank located in the territory of the United Kingdom.
The Ministry of Finance specified that upon payment of income to a branch of a foreign bank the payer of the income should receive a document issued by the competent authorities of the…
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