In accordance with the Russian Tax Code and the applicable DTTs, foreign investors should provide a Certificate of Residence issued in 2013 in order to benefit from tax exemption / tax reduction for income with source within the Russian Federation.
The Certificate of Residence must be provided in its original form, be valid for the calendar year of its issuance and be properly legalised.
Investors should also take into consideration that depending on the respective DTT conditions, additional documents such as purchase and sale agreements may be required for tax exemption / tax reduction.
Impact on investor: Investors need to provide ZAO UniCredit Bank with a valid Certificate of Tax Residence for 2013 (as well as any other specifially needed documents), meeting the customary local requirements, for the purposes of benefiting from applicable DTT tax rates.