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  • Service: Tax, International Corporate Tax, Global Compliance Management Services
  • Type: Regulatory update
  • Date: 11/2/2012

Argentina - Tax treaty with Russia enters into force 

November 2: An income tax treaty between Argentina and Russia entered into force on 16 October 2012, and pursuant to Article 28 of the treaty, its provisions will be effective in both countries as of 1 January 2013.

The Argentina-Russia income tax treaty was published in the official bulletin on 1 November 2012, and its provisions generally follow the terms of the UN Model Convention.

Withholding tax rates

Under the treaty, the withholding tax rates with respect to dividends, interest, and royalties are:


Dividends
  • 10% for participations greater than 25%
  • 15% for all other situations
Interest 15%
Royalties 15%



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