Double Taxation Avoidance Agreement With Russia

In both cases, tax credits are now being used to reduce double taxation under the treaty provisions. The responsibility for residence, either Hong Kong or Russia, is required to grant a tax credit for the tax incurred in its counterpart. Under Article 2, paragraph 3, the following tax categories are qualified for double tax evasion: in 2019, changes to the DT were ratified with Austria and Sweden. These DTTs contain specific provisions that limit tax benefits to taxpayers when pursuing tax evasion or tax evasion objectives. One of the most important provisions of the Russian double taxation conventions concerns stable institutions that can take the form of it: Egyptian companies, for example, which have just opened a free trade area with Russia in Port Said, should also consider their existing DBA with Russia, as should Indian traders currently operating in Russia, such as gemstone investors in the eurase diamond exchange in Vladivostok. There are many other examples, depending on Russian domestic demand for foreign products – which has increased with sanctions and which is good news for Asian companies that want to take advantage of the benefits of the EU withdrawing from Russian trade. There are opportunities. Russian investors abroad are subject to the same situation, discussions and a request for expense relief, in accordance with the terms of the corresponding DBA, must be presented with the relevant tax office. Russia Briefing is produced by Dezan Shira – Associates.

The company supports foreign investors in Russia and Russian investors in Asia and has partner offices in Moscow and St. Petersburg, as well as professional service offices throughout China, ASEAN and India. Please contact us at for help or visit our website at According to the agreement, the withholding of dividends in Russia for qualified Hong Kong companies is now taxed with a share of less than five or ten percent compared to non-contractual companies, thus the participation of the beneficiary of the dividend. The agreement also provides for a Russian withholding of zero per cent on interest and a 3% cap on the Russian withholding tax on royalties.