The amended and restated Fee Schedule for depository services took effect on 5 January 2015. The amendments were made to the Fee Schedule to reflect that NSD acts as a withholding agent when paying out income on Russian securities. Section 3.3 (Additional Services) was supplemented with the following paragraph 3.3.2 (Withholding Agent Services):
|Service||Cost (in RUB)||Notes|
|Processing of an Updated Tax Disclosure statement for the purposes of adjusting the tax withheld||1 750||The fee will be charged for each Updated Tax Disclosure statement|
|Processing of a Tax Disclosure statement submitted in hard copy||5 000||The fee will be charged for each Tax Disclosure statement submitted in hard copy|
|Delivery of a Tax Calculation and Withholding Report (GS651 Form) in XML+XSL format||2 200|
|Delivery of a Tax Calculation and Withholding Report (GS651 Form) in EXCEL format||3 500|
* – Withholding Agent Services are subject to VAT. VAT shall be payable in addition to and on top of the cost of services, at the rate provided for by the Russian laws.
The full text of the Fee Schedule is posted on NSD’s web site in the ‘Fees’ section.