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New draft legislation on withholding tax on Eurobonds

June 2012

Client Notes

On 6 June 2012 the Russian State Duma approved amendments to the Russian Tax Code to exclude Russian Eurobond interest payments from taxation. Thus, a Russian company that pays interest pursuant to a Eurobond structure will not have to act as a tax agent and withhold tax on payments of interest income.

Read the full newsletter: 'New draft legislation on withholding tax on Eurobonds'

Russian version of newsletter is attached.

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