Russia has recently confirmed that the amending protocol to the 2013 income tax treaty with Malta entered into force on 15 January 2021. Malta announced earlier that the treaty entered into force on 1 January 2021, which is the effective date as specified in the protocol. The protocol, signed 1 October 2020, is the first to amend the treaty and includes the following changes: Paragraph 2 of Article 10 (Dividends) is replaced, providing for a standard withholding tax rate of 15%; Paragraph 3 of Article 10 (Dividends) is replaced, providing for a reduced withholding tax rate of 5% if the...