On 24 May 2018, officials from Russia and Sweden signed an amending protocol to the 1993 tax treaty between the two countries. The protocol is the first to amend the treaty and includes the following changes:
- A new preamble in line with BEPS standards;
- The amendment of Article 2 (Taxes Covered) in respect of both countries;
- New corresponding adjustment provisions in Article 9 (Adjustment of Income);
- New withholding tax provisions under Article 10 (Dividends), including that a 5% withholding …