OrbitaxMinistry of Finance clarifies application of participation exemption of dividends received by Russian companies
|Approved Changes|Russia
On 12 November 2009, the Ministry of Finance clarified one of the requirements for the application of the participation exemption for dividends received by Russian companies.
Under Art. 284(3) of the Russian Tax Code, dividends received by resident companies are exempt from withholding tax if:
| - | the r… |
