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Russia’s Ministry of Finance Has Added To Its “Black” List Of Offshore Tax Havens
22.03.09
Russian companies which receive dividends from foreign companies registered on the Seychelles Islands cannot apply for a zero rate of profit tax from dividends.
The Ministry of Finance has included this republic in the “black” list of states and territories. Transactions from the Seychelles Islands will be subject to a 9% tax.
Full list of countries is available in Russian here.