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Russian Duma ratifies Armenia-Russia tax agreement protocol
news.am
January 19, 2013 | 14:20
MOSCOW. - State Duma of the Russian Federation (RF) on Friday ratified
the protocol that proposes amendments to the Armenian and RF
governmental agreement on preventing double taxation of income and
property. These amendments refer to taxation of income in the form of
interests and dividends.
Specifically, the income interest from commercial loans will be taxed
at 5 percent. But the sole exception will be the earnings for state
agencies and the central banks of Armenia and Russia.
Furthermore, the amount of taxation for hired jobs is being determined.
`A 13-percent interest rate will be applied for the workers that come
from Armenia to Russia,' the latter's Deputy Finance Minister Sergei
Shatalov explained, and added that this interest rate is applied for
the RF residents, RBK reports.
news.am
January 19, 2013 | 14:20
MOSCOW. - State Duma of the Russian Federation (RF) on Friday ratified
the protocol that proposes amendments to the Armenian and RF
governmental agreement on preventing double taxation of income and
property. These amendments refer to taxation of income in the form of
interests and dividends.
Specifically, the income interest from commercial loans will be taxed
at 5 percent. But the sole exception will be the earnings for state
agencies and the central banks of Armenia and Russia.
Furthermore, the amount of taxation for hired jobs is being determined.
`A 13-percent interest rate will be applied for the workers that come
from Armenia to Russia,' the latter's Deputy Finance Minister Sergei
Shatalov explained, and added that this interest rate is applied for
the RF residents, RBK reports.