THE CONVENTION BETWEEN THE GOVERNMENT THE RUSSIAN FEDERATION AND THE GOVERNMENT OF ROMANIA

of September 27, 1993

About avoidance of double taxation concerning taxes on the income and property

The government of the Russian Federation and the Government of Romania, wishing to develop and strengthen the economic relations between two countries, agreed as follows:

Article 1 of Person to which the Convention is applied

This Convention is applied to persons who are persons with the permanent residence in one or in both Contracting States.

Article 2 Taxes to which the Convention extends

1. This Convention is applied to the taxes on the income and property levied on behalf of each Contracting State, division or its regional authority irrespective of method of their collection.

2. All taxes levied from the total amount of the income, total amount of property or from separate elements of the income or property including taxes on the income in increase in value type from alienation of personal or real estate, and also the property increment value duties are considered as taxes on the income and property.

3. Taxes to which this Convention extends:

a) In relation to the Russian Federation the taxes levied according to the laws of the Russian Federation:

(i) "About the income tax of the companies and organizations";

(ii) "About tax on the income of banks";

(iii) "About tax on the income from insurance activity";

(iv) "About the income tax from physical persons";

(v) "About the property tax of the companies";

(vi) "About the property tax of physical persons"; (further referred to as "the Russian tax");

b) in relation to Romania the taxes levied according to the laws of Romania:

(i) "Tax on income gained by physical persons";

Disclaimer! This text was translated by AI translator and is not a valid juridical document. No warranty. No claim. More info