Canada has provided a formal notice to Russia, on 18 November 2024, to confirm the suspension of the Agreement Between the Government of Canada and the Government of the Russian Federation for the Avoidance of Double Taxation and the Prevention of Fiscal Evasion with Respect to Taxes on Income and on Capital as well as the operation of its accompanying Protocol.
This comes after Russia suspended multiple provisions of the treaty in August 2023.
The suspension takes effect for both taxes withheld at source and in respect of other taxes on 18 November 2024, and continues until otherwise decided by the two nations.
The Government of Canada intends to introduce legislative proposals that would give effect to this suspension under domestic law as of 18 November 2024.
The original treaty was signed at Ottawa on 5 October 1995.
