Add to favorite
 
Subscribe to our Newsletters Subscribe to our Newsletters Get Daily Updates RSS

Russia and Malta will Review the Double Taxation Treaty
14.09.2020 11:24
Russia and Malta will Review the Double Taxation Treaty
(Source: https://jet.mt/zh/grazhdanstvo-za-investicii-na-malte-chto-nuzhno-znat)

Russia will revise the Convention for the avoidance of double taxation with Malta. The government approved the draft protocol for the amendments, according to the White House website. This applies to a tax increase of up to 15% on dividends and interest.

      The revision of the agreements began as part of the instructions of Russian President, the government noted. In March, during his address, he noted that companies pay with the help of offshore companies at rates lower than personal income tax. For some companies, exceptions will apply, for them a preferential regime with a 5% rate will be established.

      Earlier, Russia signed a similar protocol with Cyprus. Ratification should take place by the end of 2020, the provisions of the protocol will begin to apply from January 1, 2021. According to the Ministry of Finance, the annual additional revenues to the Russian budget will amount to up to 150 billion rubles. Similar protocols are planned to be signed with Luxembourg and the Netherlands.




Author: Anna Dorozhkina

Tags: Russia International Russian laws    

Next Previous


You might also find interesting:








Comment on our site


RSS   twitter      submit



TAGS:
Aeroexpress  Irkutsk Region  Ufa  Vasily Zhukovsky  Russian business  Exhibitions in Moscow  Festivals in Saint Petersburg  iPhone 6  New Year  Stroller Parade  Russian scientists  Sightseeing in St. Petersburg  Russian legislation  Russian science  Alisher Usmanov  Russian intelligence service  Moscow parks  Russian economy  Sochi Olympic Games 2014  Russian Cinema  Zelenodolsk  Sokolniki Park  Russian sports  Russia Today  Awards  Petroleum  Yamal Peninsula  Russian tourism  Sergey Mavrodi  trade  timetable alterations  book hotels in Russia  Aleksei Markov  Multimedia Art Museum  comet  Ukraine crisis  Suzdal  St. Petersburg  Moscow  Leningrad Region  Festivals  Galina Vishnevskaya International Opera Festival  Mercedes-Benz Fashion Week Russia  Russian tourist destinations  Enem  Russian Musicals  Ivan Vyrypaev  Artists  Space Topography  Adler 


Travel Blogs
Top Traveling Sites