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CBR amendment heralds the revival of USD-denominated subordinated eurobonds

  • Hogan Lovells
  • -
  • Russia
  • -
  • May 30 2012

On 28 April 2012, the Central Bank of the Russian Federation (the "CBR") passed Instruction No. 2809-Y (the "New Instruction") "On amending the Provision of the CBR No. 215-P"

New draft legislation on withholding tax on Eurobonds

  • Hogan Lovells
  • -
  • Russia
  • -
  • June 6 2012

On 6 June 2012 the Russian State Duma approved amendments to the Russian Tax Code to exclude Russian Eurobond interest payments from taxation