Doing Business in Russia slide image

Doing Business in Russia

50 Doing Business in Russia Nizhny Novgorod - Mongolia: 0% on interest - this lower rate applies to interest paid to the government or the central bank; in other cases, 10%. Taxation of royalties - the domestic rate applies; there is no reduction under the treaty. Montenegro: 5% on dividends - this rate applies if the recipient company (other than a partnership) directly owns at least 25% of the capital in the Russian company and the value of the capital investment is at least USD 100,000; otherwise, 15%. Morocco: 5% on dividends - this rate applies if the value of the holding of the recipient company is at least USD500,000; otherwise, 10%. 0% on interest - this lower rate applies to interest on foreign currency deposits or interest paid by the government; otherwise, 10%. Namibia: 5% on dividends - this rate applies if the recipient company (other than a partnership) directly owns at least 25% of the capital in the Russian company and the value of the capital investment is at least USD 100,000; otherwise, 10%.0% on interest ―this lower rate applies to interest paid to the government, its local authorities or public bodies; otherwise, 10%. Netherlands: 5% on dividends - this rate applies if a Dutch company (other than a partnership) directly owns at least 25% of the capital in a Russian company and has invested in it at least EUR75,000 or its equivalent in national currency; otherwise, 15%. Norway: 0% on interest if paid to the government, local authorities, Central Bank or other agreed financial institutions; otherwise 10%. - Philippines: 0% on interest - this lower rate applies to interest paid to the government, its local authorities or public bodies; otherwise, 15%. Portugal: 10% on dividends - this rate applies if the Portuguese company has directly owned at least 25% of the capital in the Russian company for an uninterrupted period of at least 2 years prior to the payment; otherwise, 15%. A 0% tax rate on interest applies to interest paid to the government, its local authorities or public bodies; otherwise, 10%. Qatar: 0% on interest - this lower rate applies to interest paid to the government, its local authorities or public bodies; otherwise, 5%. Romania: 0% on interest - this lower rate applies to interest paid to the government, the national bank, foreign trading bank, or Eximbank; otherwise, 15%. = Saudi Arabia: 0% on dividends this lower rate applies to dividends distributed to the government, its local authorities, public bodies, the central bank; otherwise, 5%. 0% on interest - this lower rate applies to interest paid by the government, its local authorities or paid to the government, its local authorities, public bodies; otherwise, 5%. Serbia: 5% on dividends this rate applies if the recipient company (other than a partnership) directly owns at least 25% of the capital in the Russian company and the value of == KPMG © 2016 KPMG. All rights reserved.
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