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⍰ ASK Can offshore companies in Russia benefit from double taxation treaties?

Offshore firms in Russia benefit from double taxation treaties DTTs preventing income from being taxed in two countries. DTTs help cut taxes for these companies.

They allow tax credits or exemptions based on the treaty terms, covering dividends, interest, and capital gains. The treaties also set rules for tax residency vital for deciding the tax jurisdiction.

Offshore companies must align operations with DTTs.
 

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