Russia's Ministry of Finance has issued  guidance letter No. 03-08-13/114723 on 14 March 2025 clarifying the taxation of foreign companies' income from digital financial assets. According to the letter, digital financial assets are defined as

Russia's Federal Tax Service (FTS) issued Letter No. ШЮ-4-13/2827@ on 13 March 2025 about the notification of controlled transactions. It clarifies that from 2024, taxpayers must disclose the transfer pricing method used to justify the market

The new income tax agreement between China and Italy was enacted on 19 February 2025. Signed on 23 March 2019, it replaces the 1986 treaty between China and Italy. The agreement aims to eliminate double taxation on income and prevent tax

Belarus' House of Representatives approved the ratification of a trade and investment agreement with China on 10 January 2025, following its submission by the Council of Ministers in December 2024. Originally signed in Minsk on 22 August 2024, the

Myanmar and Russia issued a joint statement in Moscow announcing the conclusion of negotiations for an investment protection agreement (IPA) 4 March 2025. . Russia and Myanmar finalized the talks on a draft of agreement on encouragement and

China's Ministry of Finance has released Tax Commission Announcement No. 2 of 2025 on 4 March detailing the implementation of additional tariffs on select US products. The additional measures include a 15% tariff on US imports of chicken, wheat,