The notice of denunciation of the Russian-Dutch double tax treaty (“Treaty”) has already been given by the Russian side to the Dutch Ministry of Finance. The Treaty goes through the last months of its application, unless a compromise will be found shortly. The denunciation may affect in one way or another a lot of existing structures. Already now we see our clients asking questions and taking time to analyse future business models.
We believe it is important to inform you about things to consider should you decide to stay or leave the Netherlands.
As discussed in our alert since the notification of denunciation is given before July 1, 2021, the Treaty will remain in force only until 31 December 2021.
In this Webinar Peter van Dijk (partner | lawyer and tax lawyer at BUREN) and Paul Deloo (partner | civil law notary at BUREN) will briefly summarize Dutch tax implications in case the treaty will be terminated. They will also cover from Dutch tax and corporate law perspectives possible exit scenarios, including among other: liquidation, cross-border conversion, changing of the place of effective management and control. Elena Vakhtinskaya (lawyer at BUREN) will moderate the Webinar.
To provide the best possible support to Dutch companies pursuing business opportunities in the Russia/CIS region, BUREN has set up a Russia/CIS Desk.
The BUREN Russia/CIS Desk team consists of Russian qualified lawyers with good knowledge of the Dutch tax and legal system work closely together with Dutch qualified lawyers, tax advisors and civil law notaries. All our desk-members have a large portfolio of CIS clients and frequently travel to Russia and Kazakhstan.
Visit the Russia/CIS Desk page for more information and the latest updates.
On April 9, 2021 the Russian prime-minister signed Resolution #565 to approve the denunciation of the Russian-Dutch double tax treaty (DTT) and to submit the relevant
On December 4, 2020 the Russian Ministry of Finance announced that several rounds of negotiations with the Dutch Ministry of Finance to amend
On November 6, 2020 Luxembourg and Russia signed a protocol amending the existing double tax treaty, which increases the maximum withholding