Kuldeep Sharma

Apr 17, 20211 min

Russia Begins Process of Withdrawing from the Dutch Tax Treaty

Russian Government has commenced formal process to terminate its treaty with the Netherlands.

(Source: https://news.bloombergtax.com/payroll/russia-begins-denunciation-of-dutch-tax-treaty)

If this event materialises, MNCs investing in Russia and the Netherlands are going to potentially face double taxation.

Incidentally, both Russia and the Netherlands had included Russia-Dutch DTAA as a CTA in their respective MLI position. If the DTAA itself gets abrogated, positions taken under the MLI by both parties shall also not survive.

    100
    1