Please be advised that on May 14, 2014, National Settlement Depository updated the reference book “Tax Rates in Accordance with Double Taxation Treaties” on page “NSD Acting as a Withholding Agent.”
All lines for the Federal Republic of Brazil have been removed from the previous version of the reference book due to the publication of Letter No. 03-08-06/5641 dated February 12, 2014 issued by the Ministry of Finance of the Russian Federation, in accordance with which the Convention by and between the Government of the Russian Federation and the Government of the Federal Republic of Brazil on the Avoidance of Double Taxation and Prevention of Tax Avoidance in Relation to Income Taxes dated November 22, 2004 has not taken effect and does not apply.