CHEBOKSARY, September 30. /TASS/. Russia considers the Netherlands to be a high-priority jurisdiction for revising tax agreements, and talks here are continuing, Russian Finance Minister Anton Siluanov told reporters. on Wednesday.
"The negotiating process is underway. Nevertheless, we will move according to our plans in order to conclude agreements with those jurisdictions that we have identified as top priority ones for sealing new deals by the end of the year," Russia’s top finance official said.
Negotiations with the Netherlands on adjusting the double taxation agreements have been bogged down with obstacles, Siluanov noted earlier. The Russian Finance Ministry expects to complete them in 2020.
Russian officials want to hike the tax on dividends transferred abroad from 2% to 15%. This measure entails revising double taxation conventions with certain countries. Cyprus has already consented to adjust its bilateral agreement with Russia accordingly.