Attn.: NSD’s Clients
Please be advised that the following three reference lists posted in the ‘Tax Management’ section of NSD’s web site have been updated for use from 1 January 2017:
- List of Tax Rates and References under Double Taxation Treaties of the Russian Federation;
- General tax rates under the Russian Tax code; and
- List of Countries that May Provide Documents without an Apostille Stamp.
In 2016, China, Hong Kong and the Russian Federation completed their ratification procedures, and the Agreements between the Governments took effect. As a result, the following changes have been introduced into the aforementioned reference lists:
1. The List of Tax Rates and References under Double Taxation Treaties of the Russian Federation has been supplemented with the following lines:
| Код страны/ Code of country | widthСтрана/ Country | widthСоглашение/ Double Taxation Treaty | widthТип дохода/ Type of income width | Ставка налога по cоглашению/ Tax rate under agreements width | Особые льготы/ Special privileges | widthПрименяемая ставка/ Applicable tax rate | ||
|---|---|---|---|---|---|---|---|---|
| Статья/ Article | Пункт/ Point | Подпункт или абзац/ Subsection or paragraph | ||||||
| 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 |
| СN | Китай/ China | 10 | 2 | a | Дивиденды / Dividends | 5 | * | 10 |
| СN | Китай/ China | 10 | 2 | b | Дивиденды / Dividends | 10 | 10 | |
| СN | Китай/ China | 11 | 1 | Проценты/ Interest | - | - | ||
| HK | Гонконг/ Hong Kong | 10 | 2 | a | Дивиденды / Dividends | 5 | * | 10 |
| HK | Гонконг/ Hong Kong | 10 | 2 | b | Дивиденды / Dividends | 10 | 10 | |
| HK | Гонконг/ Hong Kong | 10 | 3 | Дивиденды / Dividends | - | * | - | |
| HK | Гонконг/ Hong Kong | 11 | 1 | Проценты/ Interest | - | - | ||
2. The List of General tax rates under the Russian Tax code has been supplemented with the following lines:
| Aarticle | Point | Subsection or paragraph | Type of financial instrument | Type of person | Tax residency | Tax rate under the Russian Tax code | Type of income |
|---|---|---|---|---|---|---|---|
| 284 | 4 | 1/5 | Облигации российских эмитентов/Russian corporate bonds | Юридическое/ Legal Entities | Резидент/ Russian Resident | 15 | Процентный доход/ interest income |
| 284 | 4 | 1/5 | Облигации российских эмитентов/Russian corporate bonds | Юридическое/ Legal Entities | Нерезидент / Russian Non Tax Resident | 15 | Процентный доход/ interest income |
3. The List of Countries that May Provide Documents without an Apostille Stamp has been supplemented with the following lines:
| China | Paragraph 4 of the Protocol to the Agreement between the Government of the Russian Federation and the Government of the People's Republic of China on the Avoidance of Double Taxation and the Prevention of Fiscal Evasion with Respect to Taxes on Income dated 13 October 2014, Letter of the Russian Federal Tax Service No. ОА-4-13/101@ dated 10 January 2014 |
| Hong Kong | Paragraph 2 of the Protocol to the Agreement between the Government of the Russian Federation and the Government of the Special Administrative Region of Hong Kong, People's Republic of China on the Avoidance of Double Taxation and the Prevention of Fiscal Evasion with Respect to Taxes on Income dated 18 January 2016, Letter of the Russian Federal Tax Service No. ОА-4-13/101@ dated 10 January 2014 |
Should you have any question related to this communication, please do not hesitate to contact your account manager at: +7 495 956-27-90 or +7 495 956-27-91.