Russia News

Russia's Cabinet Approves Maltese DTA Amendments

by Lorys Charalambous, Tax-News.com, Cyprus

Tuesday, September 22, 2020

Russia's Government has approved wording for a draft Protocol that it will seek to conclude with Malta, to revise their double tax agreement to increase withholding tax rates at source for cross-border dividends and interest income. Read Full Story

Cyprus, Russia Agree Tax Hike On Cross-Border Dividends, Interest

by Lorys Charalambous, Tax-News.com, Cyprus

Monday, September 14, 2020

Russia's Ministry of Finance has announced that it signed a Protocol to amend its double tax agreement with Cyprus on September 8, 2020. Read Full Story

Russia Turns Sights To Switzerland, Hong Kong Treaties

by Ulrika Lomas, Tax-News.com, Brussels

Tuesday, August 18, 2020

Russia's double tax agreements with Hong Kong and Switzerland are next on the radar for authorities in Russia, who are seeking to ensure the country can subject to at least 15 percent withholding tax outbound dividends and interest payments. Read Full Story

Cyprus, Russia Reach Double Tax Agreement Compromise

by Lorys Charalambous, Tax-News.com, Cyprus

Tuesday, August 18, 2020

Russia and Cyprus have announced that they have resolved a dispute concerning the two countries' double tax agreement. Read Full Story

Malta, Luxembourg Agree To Russian DTA Changes

by Mary Swire, Tax-News.com, Hong Kong

Tuesday, August 18, 2020

The Russian Government has disclosed that both Luxembourg and Malta have agreed to change their double tax agreement with Russia to increase withholding tax rates on cross-border dividends and interest income. Read Full Story

Russia To Terminate Cyprus Double Tax Agreement

by Mary Swire, Tax-News.com, Hong Kong

Friday, August 7, 2020

The Russian Ministry of Finance has announced that it will seek to terminate the country's double tax agreement with Cyprus, after negotiations broke down on a revision to increase tax on cross-border dividends and interest income. Read Full Story

OECD Releases Eight New Action 14 Peer Reviews

by Ulrika Lomas, Tax-News.com, Brussels

Friday, December 6, 2019

The OECD recently released the seventh round of stage one peer review reports, assessing eight jurisdictions' efforts to implement the BEPS Action 14 minimum standard on tax dispute resolution. Read Full Story

Tax Agencies Meet To Discuss Use Of Big Data Analysis

by Ulrika Lomas, Tax-News.com, Brussels

Friday, October 18, 2019

Tax agencies from 31 countries discussed the ways they are using data analysis tools to improve tax enforcement and administration, at the first meeting of the IOTA Forum on Tax Debt Management, held in Prague, Czech Republic, On October 1-3, 2019. Read Full Story

Russia Clarifies Tax Treaty Access Rules For Non-Res Holding Companies

by Lorys Charalambous, Tax-News.com, Cyprus

Friday, September 27, 2019

In a letter dated August 8, 2019, the Russian Federal Tax Service amended the rules for non-resident holding companies to be considered as the beneficial owner of Russia-sourced income. Read Full Story