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:

The Head of the European Commission Urged to Change the Approach to the Issue of "Nord Stream-2"
18.09.2020
Russia has Resumed Flights to Return its Citizens from Foreign Countries
07.04.2020
There is No Emergency Situation on Coronavirus in Russia
29.02.2020
Germany Opposed the Resumption of the G8 with Russia
29.07.2020
COVID-19 Pandemic Greatly Reduced the Value of the US and Russian Passports
17.07.2020







Comment on our site


RSS   twitter   facebook   submit

Bookmark and Share

search on the map
TAGS:
The State Russian Museum  Erwin Wurm  Nizhny Novgorod Region  Russian Orthodox Church  Transportation  Tomsk University  Aeroflot  Ecology in Moscow  Political Caricature  Smoking in Russia  How to Get to St. Petersburg Stadium  meldonium  demography  Russian children  Painting  Russian Estates  Buyan Island  Russian women  Adidas  LUKoil   social nets  Russian Internet  Sakhalin  Mercedes-Benz Fashion Week Russia  Amkar  Russian Cinema  Moscow  St. Petersburg  Festivals in Moscow  Mukhtarbay Otelbaev   travel to Russia  Russian Poets  Samara  Russian Animation  Izhevsk  Exhibitions in Moscow  Russian tourism  Icons  Norilsk Nickel  Kemerovo Region  Altai  Zaryadye  Yaroslavl   Russian business  Tyumen Region  Kolomenskoye  Monaco  Russian regions  Russia security services  Street Art 


Travel Blogs
Top Traveling Sites