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Bruce Marks gives interview to RIA News on dividends tax

by | Mar 27, 2020 | M&S in Press

March 27, 2020

President Vladimir Putin had previously proposed a 15% tax on dividend income transferred to the foreign accounts which would require to amend several double taxation agreements. The Russian Federation will withdraw from the agreements with those countries that will not accept that proposal. Bruce Marks, manager of Marks & Sokolov, LLC, thinks that there are ways to withhold taxes from the dividends distributed abroad but they are used only in the interests of business owners and not shareholders.

Read full article at RIA NEWS