In the past no tax was witheld on div payments from GLDN, my other Russian ADR. I prefer it this way. Can't stand the Western Europeans slaming me with their huge socialist taxes!
I made some great money in GLDN and was lucky to get out of it at the right time. Today I'm bulish on MTL and MBT. I might consider GLDN again, though. As the oil price keeps rising and the Russian economy is boominb, I expect the Russian stocks to take off again in a very spectacular way.