OrbitaxNew rules on participation exemption enacted
|Approved Changes|Russia
On 1 January 2010, Law 368-FZ amending the rules on the participation exemption regime became effective.
Currently, dividends received by resident companies are exempt from withholding tax if:
| - | the recipient company holds a minimum participation of 50% of the capital in the distributing company; | |
| - | the value of the participation … |