Military Review

On the initiative of the President of the Russian Federation, it breaks the agreement with Cyprus on the avoidance of double taxation

183

The Russian Federation announced the beginning of the procedure for denunciation of the tax agreement with Cyprus. As negotiations to break the treaty from next year between Moscow and Nicosia have reached an impasse, Russia will have to withdraw from the agreement now.


According to the RBC, said the Deputy Minister of Finance of the Russian Federation Alexei Sazanov.

The agreement was aimed at ensuring that entrepreneurs working in Russia, but registered abroad, do not have to pay taxes twice. Its denunciation takes place on the initiative of Russian President Vladimir Putin. The head of state voiced it during one of the appeals that he made quite often during quarantine.

The Russian leader thinks that agreements on avoidance of double taxation, concluded with many countries, need to be revised. He considers it unfair that most of the income from dividends and interest is taxed abroad, and the Russian budget gets crumbs.

Now in Russia the tax on dividend payments is 15 percent. But if the company is a resident of Cyprus, then payments can be reduced to 5-10 percent, and the tax on interest on loans, which is 20 percent, can be reduced to zero.

Because of this, Russian entrepreneurs brought 2019 trillion rubles abroad in 1,9, which is 0,5 trillion more than in the previous year.

To avoid taxes, individual Russian companies were registered in Cyprus and transferred money abroad. After the termination of the agreement, this became unprofitable. Moreover, Russia is creating its own offshore companies in the Kaliningrad Region and Primorsky Territory, where the tax rate on dividends will be reduced to 5 percent.
Photos used:
http://www.kremlin.ru/
183 comments
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  1. prior
    prior 3 August 2020 17: 32
    18
    Delight and pride takes over the domestic economy.
    They steal trillions, but she doesn't care ...
  2. Vladimir61
    Vladimir61 3 August 2020 17: 33
    +8
    This proposal of the President was back in April. At the moment, Cyprus has refused to revise the agreement to increase the tax on the withdrawal of dividends
    The Ministry of Finance offered Cyprus to raise rates to 15% on dividends and on interest, formerly dividend tax was from 5 to 10 percent, percent - zero
    and the government of the Russian Federation made a decision to denounce the agreement (break the agreement). According to the Ministry of Finance
    more than $ 2018 trillion was withdrawn to Cyprus in 1,4. rubles, and in 2019 - more than 1,9 trillion
    .
  3. Simon schempp
    Simon schempp 3 August 2020 17: 34
    10
    Whoever needs it, they will organize an offshore company in Russia and get rid of taxes.
    1. Fibrizio
      Fibrizio 3 August 2020 17: 36
      +6
      And if you are not "yourself"? Where can you go if you have a really big business. It becomes scary. Without connections then. And this happens by the way.
      1. Grazdanin
        Grazdanin 3 August 2020 17: 39
        +4
        Quote: Fibrizio
        Where can you go if you have a really big business.

        You take your family abroad, take out income there, at the first signs of a run over, you leave.
        1. evgen1221
          evgen1221 3 August 2020 17: 52
          +7
          Applaud-A short course of doing business in the Putin corporation of the Russian Federation. So it is happening. For some impunity, other taxes, levies and other jokes from the state, I don't want to develop, I don't want to thank you.
          1. Grazdanin
            Grazdanin 3 August 2020 17: 56
            -2
            After 2014, the owners of three IT companies, familiar to me, completely moved their businesses abroad. Including key employees and their families. There is still such a way.
            1. Sidor Amenpodestovich
              Sidor Amenpodestovich 3 August 2020 18: 20
              +2
              Quote: Grazdanin
              After 2014, the owners of three IT companies, familiar to me, completely moved their businesses abroad. Including key employees and their families. There is still such a way.

              And they, like you, also write in the comments of Russian sites, how is everything wrong in Russia?
              1. Thunderbringer
                Thunderbringer 3 August 2020 19: 53
                +3
                This is the daughter of the director of an IT company.
                They are not so simple.
              2. Rzzz
                Rzzz 5 August 2020 09: 05
                -1
                Quote: Sidor Amenpodestovich
                also write in the comments of Russian sites, how is everything wrong in Russia?

                And you probably think that everything is correct in Russia? In general, such a blow to offshore companies will not give a penny to the Russian budget, but will reduce competition in the domestic Russian market in favor of “whoever needs it”. These "who are needed" are either "family friends" or companies headed by denominations, but in fact owned by high-ranking officials.
                This will ultimately lead to an increase in prices for the products of these enterprises, a decrease in demand, and as a result, a decrease in jobs. Including the decrease in jobs due to the closure of enterprises operating in the external market under offshore schemes.
                As a result, “whoever needs it” in profits, and the people still have to tighten their belts.
                1. Sidor Amenpodestovich
                  Sidor Amenpodestovich 5 August 2020 11: 02
                  +2
                  Clear.
                  And what do you suggest? More precisely, what are the mechanisms for bringing everything to the common good, their structure and functioning.
                  1. Rzzz
                    Rzzz 5 August 2020 13: 50
                    0
                    Quote: Sidor Amenpodestovich
                    And what do you suggest? More precisely, what are the mechanisms for bringing everything to the common good, their structure and functioning

                    Why are you asking me? I am not an expert nifiga, I do not sit in the government and I do not receive millions in salaries.
                    I drew attention to fairly obvious things, and nothing more.
            2. bk316
              bk316 3 August 2020 19: 59
              +5
              After 2014, the owners of three IT companies, familiar to me, completely moved their businesses abroad. Including key employees and their families.

              Well, well, well. Will it be difficult to name? Here, employees were transported with their families, just like machines or cattle were packed and transported. You are not from the DPRK by any chance? laughing
              And why after 14, there was an outflow in 2008?
            3. Vadim237
              Vadim237 4 August 2020 14: 28
              0
              "After 2014, the owners of three IT companies, whom I know, completely moved their businesses abroad. Including key employees and their families. This method is still there." A beautiful fairy tale - no, really.
        2. bar
          bar 3 August 2020 18: 12
          +4
          You take your family abroad, take out income there, at the first signs of a run over, you leave.

          Where are you going then? Abramovich had to get out of the way with signs of a run over to Israel. How he took the loot from London banks is hard to say. And not one of his accounts was blocked there.
      2. Krasnodar
        Krasnodar 3 August 2020 18: 27
        +5
        Quote: Fibrizio
        And if you are not "yourself"? Where can you go if you have a really big business. It becomes scary. Without connections then. And this happens by the way.

        You can't earn more than $ 2 million a year without connections - they will immediately take it away. And by Russian standards, this is not such a big business))).
      3. Alf
        Alf 3 August 2020 19: 13
        13
        Quote: Fibrizio
        And if you are not "yourself"? Where can you go if you have a really big business.

        If you are "not your own", then you cannot have a big business in Russia a priori.
        1. bk316
          bk316 3 August 2020 19: 54
          +4
          If you are "not your own", then you cannot have a big business in Russia a priori.

          In general, as elsewhere ... Here is the key word LARGE.
      4. Incvizitor
        Incvizitor 4 August 2020 11: 52
        +1
        If you are not yours, then the business will not be large, there for a long time everything between their own competitors is completely unnecessary.
        He worked under the government, went through all this.
        1. Vadim237
          Vadim237 4 August 2020 22: 49
          +1
          Come on, how can she - and what are these directions that are divided among all?
    2. Grazdanin
      Grazdanin 3 August 2020 18: 01
      -3
      Quote: Simon Schempp
      Who needs it, offshore in Russia

      Normal guys have been working through British offshore companies for a long time.
      1. Snail N9
        Snail N9 3 August 2020 18: 15
        +5
        "Normal guys" work through US offshore companies - the movement of their funds, in this case, is free from the vigilant supervision of the US fiscal authorities and they can freely enter into any agreements with the countries of the "first-second" world, without fear of falling under "brakes", checks and etc.
      2. Sanichsan
        Sanichsan 4 August 2020 01: 11
        0
        Quote: Grazdanin
        Normal guys have been working through British offshore companies for a long time.

        doo! only this way and not otherwise! there, for example, Berezovsky! yes but not. it doesn't work anymore. strangled democratically in the bathroom. but his partners! hmmm. and they, too, are being shot in Britain.
        excellent business you offer! dangerous, excellent, but not very long laughing
        drug business in Colombia seems to be safer wink
    3. halpat
      halpat 3 August 2020 18: 44
      +6
      Quote: Simon Schempp
      Whoever needs it, they will organize an offshore company in Russia and get rid of taxes.

      "Who needs it" and no offshore is required. A long time ago. For the respected Western partners will slam at once.

      "Who needs" will receive a state contract for trillions, having scored there 100% or "how much" mark-up, and then pay taxes, everything that is due. And life was good.
      But it goes to ONLY those "who need it", others - competition, the antimonopoly committee, tax inspection and law enforcement agencies.
      This is the modern Russian business model, in my unenlightened view.
      1. Thunderbringer
        Thunderbringer 3 August 2020 19: 55
        -3
        I'm not a doctor.
        But in my unenlightened opinion, you are not entirely healthy.
        How do you like such an unenlightened look?
    4. Alexey RA
      Alexey RA 3 August 2020 19: 38
      +5
      Quote: Simon Schempp
      Whoever needs it, they will organize an offshore company in Russia and get rid of taxes.

      So in the article they write about it:
      Moreover, Russia is creating its own offshore companies in the Kaliningrad Region and Primorsky Territory, where the tax rate on dividends will be reduced to 5 percent.
  4. evgen1221
    evgen1221 3 August 2020 17: 46
    +5
    And when the contract was signed, probably got drunk and signed unreadable for joy? Well, now what ?, their Ozerskie islands have moved to the Virgil Islands and the rest of the money for fines from Gazprom will be confiscated. Hooray peremoga. Where does this goofy PZh lead the country?
    1. Yura
      Yura 3 August 2020 18: 21
      +2
      Quote: evgen1221
      And when the contract was signed, probably got drunk and signed unreadable for joy? Well, now what ?, their Ozerskie islands have moved to the Virgil Islands and the rest of the money for fines from Gazprom will be confiscated. Hooray peremoga. Where does this goofy PZh lead the country?

      AGREEMENT
      BETWEEN THE GOVERNMENT OF THE RUSSIAN FEDERATION AND THE GOVERNMENT
      THE REPUBLIC OF CYPRUS ON AVOIDING DOUBLE TAXATION
      REGARDING INCOME AND CAPITAL TAXES
      (Nicosia, December 5, 1998)
      Yevgeny Primakov, head of the cabinet from September 1998 to May 1999
  5. yfast
    yfast 3 August 2020 17: 49
    +5
    Quote: Simon Schempp
    Whoever needs it, they will organize an offshore company in Russia and get rid of taxes.

    Yes, yes, only the money will not return, it will remain somewhere there. These entrepreneurs are taking a couple trillion more easily.
  6. 7,62h54
    7,62h54 3 August 2020 17: 56
    +5
    This is some kind of freak show. It turns out that the Cypriots are to blame for the fact that the business is registered outside the Russian Federation, and not the tax regime in force in the country.
    1. Sidor Amenpodestovich
      Sidor Amenpodestovich 3 August 2020 18: 16
      +2
      So this is kind of a common global practice of tax evasion, isn't it?
      Show me a business anywhere, so that it is satisfied with the tax legislation where it operates.
  7. zenion
    zenion 3 August 2020 18: 04
    +1
    Businessmen do not believe in Russian power and its duration.
  8. 16112014nk
    16112014nk 3 August 2020 18: 04
    +5
    Bees went against honey? Yah ! Another scribble of noodles from the president.
  9. Hydrography Bay Golden Horn
    Hydrography Bay Golden Horn 3 August 2020 18: 08
    0
    Is it interesting that Russia can take Cyprus?
  10. borys
    borys 3 August 2020 18: 11
    +8
    Popular wisdom: "Keep your money in the bank. Best of all -
    in a three-liter. "
    1. Incvizitor
      Incvizitor 4 August 2020 11: 59
      +1
      Better budgetary ones, billions in an ordinary bank, grabbing interest for themselves. laughing
  11. Andrei from Chelyabinsk
    Andrei from Chelyabinsk 3 August 2020 18: 21
    11
    It would be funny if it weren't so sad.
    No, the step is absolutely correct. Of course, there is no benefit in giving the opportunity to withdraw money to foreign offshore companies. But this right step was taken after 20 years of government .... At this rate we will arrive at a progressive income tax - in 70 years. Although 70 - I turned it down. Do not rock the boat! Years in 150-200 ...
    1. New Year day
      New Year day 3 August 2020 19: 38
      +7
      Quote: Andrey from Chelyabinsk
      At this rate, we will arrive at a progressive income tax - in 70 years.

      Where is the hurry? After all, Putin is eternal, everything will be in time laughing
    2. Thunderbringer
      Thunderbringer 3 August 2020 19: 56
      -5
      We will come, but you will not.
      There will be no more communism.
    3. Vadim237
      Vadim237 4 August 2020 14: 30
      0
      No time to pump - build a pump station.
  12. fa2998
    fa2998 3 August 2020 18: 43
    +7
    Quote: Leapold
    Khan's offshore companies ..

    All over the world, choose where you want! Do you remember at least one law that affected the interests of those in power for the worse? I don’t remember. What tax to remove or impose an unnecessary service on the people is please!
  13. fa2998
    fa2998 3 August 2020 18: 50
    +6
    Quote: Andrey from Chelyabinsk
    But this right step has been taken

    Where will the honored bridge builders and musicians keep the money? And all sorts of Alikperovs, Chubais, muzzles from Gazprom and Rosneft? Governors and deputies. After all, this is genocide! laughing
    I think the planned PR action. All "involved" have already been warned. Money from Cyprus cannot be returned, and there are plenty of places to hide. bully hi
  14. Courier
    Courier 3 August 2020 19: 03
    -1
    Well, Khrushchev built a wall with the FRG, and that the wall improved the economy of the GDR?

    Capital is fleeing from Russia, not because there is an evil Cyprus somewhere.
    Capital is fleeing because taxes are high, loans are expensive and the population is poor. And he will run. At least to Cyprus, at least to Mars.
    1. Sidor Amenpodestovich
      Sidor Amenpodestovich 3 August 2020 19: 19
      -3
      Quote: Courier
      Capital flees from Russia

      How long has he been running?
    2. Cottodraton
      Cottodraton 4 August 2020 06: 46
      +1
      Taxes are not high, they are at the world level. This is the moral of our "businessman-huckster" low and social responsibility, and also a small brain.
      1. Rzzz
        Rzzz 5 August 2020 09: 13
        +2
        Quote: Cottodraton
        they are world class.

        There is no "world level", each country has its own level. And it must meet the conditions. Where business is calm and comfortable - we have higher taxes. Where it is nervous and creepy, there are less taxes.
        We have taxes at the level of Switzerland, and the conditions are the same as in central Africa.
        1. Cottodraton
          Cottodraton 6 August 2020 04: 45
          0
          The market dictates the terms ... and the market shapes the business. In our case, the former kataly-thimblers-hucksters-farmers. That's why central Africa. You need to be clearer in your thoughts, and smarter in your brains, to aim at production is more difficult than a car service for cutting stolen foreign cars.
          Nobody, except the "businessmen" in our country, is to blame for the fact that instead of creating conditions, they actively gobble up profits in the Courchevels-Turkey, depending on the caliber of the "merchant".
          Don't give them anything, it's not enough. Ideally, they wouldn't pay anyone at all.
          1. Rzzz
            Rzzz 7 August 2020 15: 27
            0
            Quote: Cottodraton
            ... In our case, the former kataly-thimblers-hucksters-farmers. That's why central Africa. You need to be clearer in your thoughts, and smarter in your brains, to aim at production is more difficult than a car service for cutting stolen foreign cars.

            Unfortunately, the hucksters from the St. Petersburg gateways are our "business ilita". The same elite that dictates how laws to write, and it is they who choose our government. Nevertheless, they are so huckster and remain, they are not able to rise to the level of normal businessmen in principle.
  15. rocket757
    rocket757 3 August 2020 19: 10
    +1
    So that's all right. Putting business in the right ranks ... if you want to work / earn here, it means according to the law, taxes and other things, just like here.
    Business will look for various curves, but this is already a task for the guardians, all according to the law.
    We will not speculate about various negative aspects, let's see how it will be in practice.
  16. Tank jacket
    Tank jacket 3 August 2020 19: 12
    -4
    Zaruba ... The government proposed the liberalization of foreign exchange controls, the president decided to limit the withdrawal of capital ...
    Storm holes are coming, sluices, bulkheads are closing ...
  17. Gennady Fomkin
    Gennady Fomkin 3 August 2020 19: 14
    +1
    Everything that is acquired by back-breaking labor, everything is down the drain. laughing
  18. AML
    AML 3 August 2020 19: 18
    +4
    Quote: Courier
    Well, Khrushchev built a wall with the FRG, and that the wall improved the economy of the GDR?


    Yes, it improved. Because the Germans from the FRG stupidly shoveled everything out of the shops of the GDR. They received more money, respectively, and prices in Germany were higher. We went to the neighboring GDR and swept out both goods and services.

    How does eastern Germany live there as well as western Germany? And already 30 years have passed
  19. Gennady Fomkin
    Gennady Fomkin 3 August 2020 19: 22
    0
    Well. Now everyone will run away and that's it. Where? -To Ukraine.

    Bgggg. laughing
  20. Gennady Fomkin
    Gennady Fomkin 3 August 2020 19: 25
    0
    For clarification, this means that Cyprus is on the black list, and it is impossible to keep the 0% rate even by changing jurisdiction to Russia, otherwise the proletarians who are fighting will come flying in ... laughing
  21. Alexander X
    Alexander X 3 August 2020 19: 33
    +6
    I read the comments and am amazed: the people deliberately alter the meaning of the article or are so illiterate that they cannot distinguish offshore companies from an agreement, how to tax non-residents' income. The meaning of the terminated agreement was to agree on how to tax the income of non-residents (registered in another state) from various types of income in Russia. It was proposed to increase rates on certain types of income. I repeat: we discussed the change in the tax rate on INCOME FROM SOURCES IN THE TERRITORY OF RUSSIA. That is, they receive income in Russia, but they want to pay taxes at rates lower than for Russian organizations. This is an infringement of the interests of Russian organizations. By the way, this agreement is mirrored for both parties. And similar agreements have been concluded with almost all significant countries.
    1. Tatyana Pershina
      Tatyana Pershina 5 August 2020 13: 27
      +1
      Alexandru X
      In vain you wonder. The people, in general, do not read the laws or do not delve into them. The people have enough emotions: their life is not very successful - it means everything is bad everywhere and someone is to blame for this, but not me.
  22. Old Horseradish
    Old Horseradish 3 August 2020 19: 34
    +1
    I am amazed by zombies. You first think about who owns the main bank of the country (Sberbank), and then you can rave about microCyprus.
    1. Clear
      Clear 3 August 2020 22: 27
      +4
      Quote: Old Horseradish
      I am amazed by zombies. You first think about who owns the main bank of the country (Sberbank), and then you can rave about microCyprus.

      Hello Old love (see, I don’t call it Fuck No. ).
      Someone you, here shameless minus? You are a hooligan again without me. SchA, grandpa "plus" will help.
      But, judging by the smile, you are fattening on your share in their capital ... wink Just clarify who is the "main bank of the country" for you, is the Central Bank or Sberbank?

      For your reference (although, without me, you will again forget crying )
      The central bank is state. Sberbank is a private shop.
      In the first, they do not issue loans and do not work with the population at all. They print money and, as if, winked regulate the economy
      1. Vadim237
        Vadim237 4 August 2020 14: 34
        +2
        The state privatized Sberbank from the Central Bank for two trillion rubles a few months ago.
        1. Clear
          Clear 4 August 2020 22: 28
          +3
          Quote: Vadim237
          The state privatized Sberbank from the Central Bank for two trillion rubles a few months ago.

          Vadim, I knew that the Central Bank and the Federal Property Management Agency were "butting" on this issue. But I don’t know at what stage it is now.
          And why should the Finance Ministry own shares in Sberbank? He is already the largest holder of Treasury bonds request
  23. Zaurbek
    Zaurbek 3 August 2020 19: 36
    +2
    The law has so far been slowed down .... but it should have been introduced 10 years ago.
  24. parusnik
    parusnik 3 August 2020 19: 38
    +1
    Russia is creating its own offshore companies in the Kaliningrad Region and Primorsky Krai, where the tax rate on dividends will be reduced to 5 percent.
    ..... We control our export, attract someone else's ...
  25. New Year day
    New Year day 3 August 2020 20: 13
    +1
    Quote: Leapold
    Paratrooper Day in Khabarovsk still needs to be celebrated

    Essentially have something to say? Blah blah?
  26. Maki Avellevich
    Maki Avellevich 3 August 2020 20: 58
    0
    The scale is chalk like that.
    How much is there that Cyprus.
  27. chingachguc
    chingachguc 3 August 2020 21: 01
    0
    money is withdrawn not only to avoid taxes, but also not to be taken away. It's easy for us. Courts are Putin's lapdog. They will still output. Anyway.
    1. Vadim237
      Vadim237 4 August 2020 14: 35
      0
      It's strange 15 years in business - and that no one took anything away during this time.
  28. The comment was deleted.
  29. Virus-free crown
    Virus-free crown 3 August 2020 21: 24
    +2
    As soon as Russia creates such conditions for its citizens that they would all rush back to Russia to conduct their own business, everything will become just fine with us !!! tongue

    In the meantime, my wife has forbidden doing business for 15 years now and I work for hire, which means that nothing has changed in Russia. am

    She, you know, is dear to me in myself, and whether I am a businessman, whether I am a mercenary - she does not care ... if only I was healthy drinks
  30. Charik
    Charik 3 August 2020 22: 48
    +1
    It's a bullshit convention for a diversion- https://www.youtube.com/watch?v=7143lKt9mo0&feature=youtu.be
  31. Yarik
    Yarik 3 August 2020 23: 35
    +1
    The flight is normal !!! The sun-faced came to his senses when everything was taken out. Stopped grabbing and began to stir :)))
  32. Aleks2000
    Aleks2000 4 August 2020 00: 01
    -1
    And what? Will this also affect the Kremlin's offshore companies, such as Kurginyan? Or is it too late, they brought their own?
  33. Alexander Shcherbakov
    Alexander Shcherbakov 4 August 2020 04: 34
    +1
    This is not a question of taxes, but a question of withdrawing non-legal money.
  34. Gloomy skeptic
    Gloomy skeptic 4 August 2020 05: 25
    +2
    [quote] These funds will be contained in the State Bank and will work for the good of Russia, and not in the pocket of overseas bankers. [quote]
    Is there a state bank in the modern Russian Federation? And what is it called? Explain to the uninformed, please!
    1. Vadim237
      Vadim237 4 August 2020 14: 40
      -2
      Sberbank, VTB - state banks with the participation of private investors.
      1. Gloomy skeptic
        Gloomy skeptic 5 August 2020 23: 57
        -1
        Sberbank, VTB - state banks with the participation of private investors.

        These are banks with state participation in the fixed capital, and the state bank is always one, it manages and manages the issue, money circulation, and so on. There is no such bank in Russia today, not at all.
  35. Roman123567
    Roman123567 4 August 2020 08: 58
    -3
    He considers it unfair that most of the income from dividends and interest is taxed abroad, and the Russian budget gets crumbs.

    Ay-ay-ay, who did it !!
  36. Trotil42
    Trotil42 4 August 2020 20: 26
    0
    [quote = Leapold] [quote = Sarmat Sanych].
    I would go to Khabar for acceleration .. soldier[/ Quote]
    Come ... what's the problem? You will receive a sea of ​​brotherly love and understanding ... Then immediately organize a gay parade in Chechnya ... You will succeed ..
  37. Igoresha
    Igoresha 5 August 2020 17: 12
    0
    the ruble will drop even lower!