Debt securities - Double Taxation Treaties concluded by Russia and currently in force

27.01.2021

Note: Clearstream Banking provides these rates for information purposes only and does not assume liability in any case of error, omission or consequential damages. The rate as prescribed in the DTT may differ depending on the status of the beneficial owner. Please refer to the actual DTT or your tax advisor for further information.

For more details regarding the DTT articles and rates, please refer to the external link at the bottom of this page.

To comply with the disclosure requirements and to avoid the penalty rate, the following listed details are mandatory. Beneficial owners that fall under the application of a different Article/Point/Subsection or Paragraph must replace the respective values indicated below with the applicable data of the treaty.

The penalty rate of withholding tax on interest is 30% for undisclosed investors.

CountryDouble Taxation TreatyTax rate under agreements (%) Tax refund
available (%)
ArticlePointSub§/para.

Albania

AL

11

2

10

20

Algeria

DZ

11

2

15

15

Argentina

AR

11

2

15

15

Armenia

AM

11

1

1.1

10

20

Australiaa

AU

11

2

10

20

Austria

AT

11

1

0

30

Azerbaijan

AZ

11

2

10

20

Belarus

BY

10

2

10

20

Belgium

BE

11

2

10

20

Botswana

BW

11

2

10

20

Bulgaria

BG

11

2

15

15

Canada

CA

11

2

10

20

Chilea

CL

11

2

15

15

China

CN

11

1

0

30

Croatia

HR

11

2

10

20

Cuba

CU

11

2

10

20

Cyprus

CY

11

2

15

15

Czech Republic

CZ

11

1

0

30

Denmark

DK

11

1

0

30

Egypt

EG

11

2

15

15

Finland

FI

11

1

0

30

France

FR

11

1

0

30

Germany

DE

11

1

0

30

Greece

GR

11

2

7

23

Hong Kong

HK

11

1

0

30

Hungary

HU

11

1

0

30

Iceland

IS

11

1

0

30

India

IN

11

2

10

20

Indonesia

ID

11

2

15

15

Iran

IR

11

2

7.5

22.5

Ireland

IE

11

1

0

30

Israel

IL

11

2

10

20

Italy

IT

11

2

10

20

Japan

JP

11.2

10

20

Kazakhstan

KZ

11

2

10

20

Kuwait

KW

11

1

0

30

Kyrgyzstan

KG

11

2

10

20

Latvia

LV

11

2

b

10

20

Lebanon

LB

11

2

5

25

Lithuania

LT

11

2

10

20

Luxembourg

LU

11

1

0

30

Malaysia

MY

10

2

15

15

Mali

ML

11

2

15

15

Malta

MT

11

2

15

15

Mexico

MX

11

2

10

20

Moldova

MD

11

1

0

30

Mongolia

MN

11

2

10

20

Montenegro

ME

11

2

10

20

Morocco

MA

11

2

10

20

Namibia

NA

11

2

10

20

Netherlands

NL

11

1

0

30

New Zealand

NZ

11

2

10

20

North Korea

KP

11

1

0

30

North Macedonia

MK

11

2

10

20

Norway

NO

11

2

10

20

Philippines

PH

11

2

15

15

Poland

PL

8

1

2

10

20

Portugal

PT

11

2

10

20

Qatar

QA

11

2

5

25

Romania

RO

11

2

15

15

Saudi Arabia

SA

11

2

5

25

Serbia

RS

11

2

10

20

Singaporea

SG

11

1

0

30

Slovakia

SK

11

1

0

30

Slovenia

SI

11

2

10

20

South Africa

ZA

11

2

1

10

20

South Korea

KR

11

1

0

30

Spaina

ES

11

2

5

25

Sri Lanka

LK

11

2

10

20

Sweden

SE

11

1

0

30

Switzerland

CH

11

1

0

30

Syria

SY

11

2

10

20

Tadjikistan

TJ

11

2

10

20

Thailand

TH

11

2

10

20

Turkey

TR

11

2

10

20

Turkmenistan

TM

11

2

5

25

Ukraine

UA

11

2

10

20

United Arab Emirates

AE

5

1

0

30

United Kingdoma

GB

11

1

0

30

U.S.A.a

US

11

1

0

30

Uzbekistan

UZ

11

2

10

20

Venezuela

VE

11

2

b

10

20

Vietnam

VN

11

2

10

20

a. Fiscal constraints.