China signs a new tax treaty with Russia

The European Union executed a significant protectionist shift this week, defined by a sustained and escalating campaign of trade defence actions. The week began with sweeping new controls on Russian industrial materials taking effect and was

The Central Bank of Russia (CBR) has reduced the key interest rate from 14.5% to 14.0% on 24 July 2026. The CBR’s key interest rate is applied in calculating interest deductions and the interest on late payment of overdue taxes. This

China's Ministry of Finance and the State Taxation Administration have jointly issued Announcement No. 22 of 2026 revising the urban land use tax policy on 27 July 2026, phasing out longstanding tax exemptions previously available to energy

The Russian Federal Tax Service has announced that a simplified procedure for delivering tax notifications through the Unified Public Services Portal (UPSP) will take effect from 1 August 2026, under amendments introduced by Federal Law No. 425-FZ

China and the US are seeking feedback from businesses and other stakeholders on proposed reciprocal tariff reduction arrangements covering about USD 30 billion in bilateral trade, China's Ministry of Commerce (MOFCOM) said on 23 July

China's State Taxation Administration (STA) has issued Announcement No. 13 of 2026 on 8 July 2026, introducing rules on the special tax treatment applicable to corporate restructuring transactions, including mergers and demergers. China has