Netherlands hesitant to accept Russia’s tax treaty proposal

The Netherlands disagrees with the Russian proposal to amend the tax treaty, according to a news published by TASS, Russian News Agency.

"According to the Netherlands, the Russian proposal to amend the tax treaty takes too limited account of real economic activities. This proposal therefore has negative consequences for both the Dutch and Russian businesses," TASS wrote quoting Remco Raus, the press officer of the Dutch Finance Ministry.

According to Raus, the Dutch side has made "constructive proposals to preserve the tax treaty for real economic activities whilst preventing access to activities that do not contribute to the economy in line with the Dutch policy to combat tax avoidance." He added that discussions on the revision of the tax treaty are still ongoing, TASS wrote.

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