The Russian Ministry of Finance has issued a release announcing that it has begun the process for the termination of the 1996 tax treaty with the Netherlands. This includes the publication of a draft law for consultation that provides for the termination of the treaty. Earlier in the year, the Ministry was instructed by the president to review treaties providing for a withholding tax rate lower than 15% on dividend and interest income and approach treaty partners for revision negotiations to achieve minimum taxation of 15%. In this respect, the release notes that several rounds of negotiations have been held...