The Ministry of Finance named the conditions for tax agreements with neutral countries
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The Ministry of Finance begins negotiations with friendly countries regarding updating an existing or signing a new agreement on the avoidance of double taxation (DTT) with a standard proposal. The basic version of the DTT, with which the department reaches partners, assumes rates on payments of dividends, interest and royalties abroad at the level of 10%, State Secretary and Deputy Minister of Finance Alexey Sazanov said in an interview with Vedomosti.
“There is a universal compromise version of the agreement, which we are ready to offer with rates of 10-10-10 (10% withholding tax rates on the payment of dividends, interest and royalties. – Vedomosti). This is linked to the rates that we offer in SARs (special administrative regions – Vedomosti) for those who moved there from foreign jurisdictions,” he explained.
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