«Protocol on amendments to the Agreement between the Russian Federation and Luxembourg on the avoidance of double taxation and the prevention of tax evasion concerning taxes on income and property dated 28 June 1993 « was signed in Moscow 06.11.2020.
Application of preferential tax rate of no more than 5% will be allowed in institutional investments and for public companies that have at least 15% of their shares in free circulation and own at least 15% of the company’s capital paying the specified income during the year.