Russia proposes changing tax agreement with Netherlands, eyes dividend taxChristian Fernsby ▼ | August 6, 2020
Russia’s finance ministry proposed revising its bilateral tax agreement with the Netherlands, as Moscow looks to increase tax revenues on capital outflows.
Proposed Russian red square
Topics: Russia tax Netherlands
He warned that Russia would unilaterally withdraw from agreements with foreign partners who did not accept its suggestions.
A vast network of bilateral tax treaties around the globe has made the Netherlands a key hub for corporate entities shifting profits to lower tax jurisdictions for years and several Russian companies are registered in the Netherlands. ■