• Luxembourg - Russia
    Amending Protocol Provisions Come Into Effect


    The provisions of the amending protocol to the current Income Tax Treaty between Luxembourg and Russia came into effect on 1 January 2014.

    In accordance with the amending protocol, the withholding tax on dividend payments will be as follows:

    • 5% if the dividends are received by a company which owns at least 10% of the capital of the company paying the dividends and has invested at least �80,000 or the equivalent in RUBs.
    • 15% in all other cases.

    The withholding tax on interest and royalties shall remain unchanged i.e. 0%.

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