The Russian Ministry of Finance is reportedly considering proposing negotiations for the revision of the 2016 tax treaty with Hong Kong and the 1995 tax treaty with Switzerland for an increase in the withholding tax rates on dividends and interest to 15% under the respective tax treaties. 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%. Under the current provisions of the Hong Kong-Russia treaty, interest is exempt...