Amendment of Russia - Germany Tax Treaty

The amended Russia - Germany Tax Treaty will go into effect beginning 2010 January 1. Section describing the taxation of dividends in the tax treaty has changed. After the change, it is needed for a 10% shareholder in a corporation to have a capital share of 80,000 Euros minimum (or a corresponding quantity in Russian Rubles) for being taxed at the 5% withholding tax rate.

Read more about Russia Tax and Germany Tax.