Russia will deduct tax benefits from the Netherlands

Russia will deduct tax benefits from the Netherlands

Following Cyprus, the Russian Ministry of Finance offered the Netherlands to give up tax breaks on dividends for Russians. The agency asks to raise the rate to 15% instead of 5%. If the Netherlands does not go for it, Russia can unilaterally break the agreement. What threatens to revise the tax agreement with the Netherlands? And will the country go for it? Mikhail Begunov gave his comment.

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Mikhail Begunov

Major specialisations

Pharmaceuticals, FMCG, Information technology, Manufacturing companies

Member of the Chamber of Tax Consultants, Lawyer at the Moscow Chamber of Advocates

Biography