Amendments to the Russia-Cyprus double tax treaty and

other important international tax developments:

opportunities for Luxembourg

9 March 2011, 17.30

Banque de Luxembourg
14, Boulevard Royal L-2449 Luxembourg

Russian economy is growing, attracting significant foreign investments. 2010 brought in significant
changes relevant for Russian international inbound and outbound tax planning.

Relevance of these changes and impact on existing and possible solutions, as well as opportunities for
efficient use of Luxembourg in structuring Russia-related investments, will be in focus of the seminar.

Sponsored by: Banque de Luxembourg

Program:
17:00 – 17:30 Registration, coffee

17:30 – 17:35 Welcome speech by representative of Banque de Luxembourg

17.35 – 18.25 Presentation by Roustam Vakhitov, Deputy Head of the Russian Branch of
International Fiscal Association, Head of International Tax Section at the Russian Chamber
of Tax Consultants

Amendments to the Russia-Cyprus double tax treaty – key consequences for

foreign investors.
New Russian participation exemption regime.
Anti-avoidance jurisprudence: Mirland and Bloomberg cases.
Other important international tax developments.
Existing opportunities of the use of Luxembourg structures for Russian inbound and
outbound investments, including Islamic Finance structuring.

18.25 – 18.40 Presentation by Larissa Babkina, Banque de Luxembourg

How Banque de Luxembourg can help you in doing business with
Russia?

18.40 – 19.30 Q&A, Networking

Registration For registration, please contact

Name____________________________
Larissa Babkina (+352 49924 – 3447;
Company ________________________
larissa.babkina@bdl.lu)
Position__________________________
Phone ____________________________ Registration closes at 4 pm on 8 March 2011
Fax _______________________________
E-mail_________________________________

Participation is free of charge