On 17 June 2024, the US Department of Treasury announced that the United States had provided formal notice to the Russian Federation to confirm the suspension of the operation of Paragraph 4 of Article 1 and Articles 5-21 and 23 of the Convention between the United States of America and the Russian Federation for the Avoidance of Double Taxation and the Prevention of Fiscal Evasion concerning Taxes on Income and Capital, signed at Washington, 17 June 1992 (the “Convention”), as well as the operation of its accompanying Protocol, by mutual agreement.
The suspension will take effect both for taxes withheld at source and in respect of other taxes on 16 August, 2024.
This action responds to notification by the Russian Federation on 8 August 2023, of its desire to suspend Paragraph 4 of Article 1 and Articles 5-21 and 23 of the Convention, as well as the Protocol.
