Russia will deduct tax benefits from the Netherlands

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Mikhail Begunov

Russia will deduct tax benefits from the Netherlands

06.08.2020

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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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