Boxing Day on Red Square sets new Guinness recordSport July 23, 8:33
Joseph Dunford says Russia most military capable country of those posing threat to USWorld July 23, 4:57
Russia’s US envoy Kislyak steps down, his deputy to act as Charg d'Affaires ad interimRussian Politics & Diplomacy July 23, 1:33
Putin greets KamAZ-Master team - winner of Silk Way RallySport July 22, 15:20
Agreements on East Ghouta zone in Syria signed - Defense MinistryWorld July 22, 14:20
PAK FA offers practically unlimited opportunities to pilot - commanderMilitary & Defense July 22, 11:29
Ukraine's National Broadcasting Board issues fine to Public Radio for 0% Urkainian songsWorld July 22, 5:39
Femen movement activists faces 5 years in jail for trying to frustrate summit meetingWorld July 22, 4:38
Russian Deputy PM dismisses allegations he will arrive in Moldova on warplaneRussian Politics & Diplomacy July 22, 2:46
MOSCOW, September 26 (Itar-Tass) —— Russia’s Federation Council, or upper parliament house, on Wednesday ratified a number of intergovernmental agreements on avoidance of double taxation.
One of such documents was an agreement with Latvia. Under the document, companies and individuals who have interests in both countries are to pay taxes on incomes derived from their real estate, business proceeds, dividends, etc. only in of these states. Apart from that, the agreement establishes principles to avoid tax discrimination and regulates the procedure of consideration of taxpayer applications and settlement of disputes. The agreement also has a provision on exchanges between relevant agencies of the two countries.
The Federation Council ratified a similar agreement with Argentina.
Apart from that, the upper parliament house ratified amendments to the double taxation agreements with Switzerland in force since the mid-1990s. The agreement was supplement with a number of new provisions, including the one on “counteracting dummy schemes” to bar the use of this agreement in order to “unfairly minimize taxes.”