Russia’s central bank cut the key rate by 100 bps to 20% on 6 June 2025, maintaining tight policy to control inflation. The Bank of Russia Board of Directors decided to cut the key rate by 100 basis points to 20.00% per annum on 6 June 2025.

The USTR has extended certain product exclusions from Section 301 tariffs on Chinese imports until 31 August 2025. The Office of the US Trade Representative (USTR) has announced an extension of specific product exclusions from Section 301 tariffs

Russia has approved a new tax treaty with the UAE to enhance tax cooperation and replace the limited 2011 agreement.  Russia’s government has approved a draft law to ratify a new income and capital tax treaty with the UAE on 29 May

The amendment to the 1991 Brazil-China Income Tax Treaty takes effect on 14 June 2025.   The amending protocol to the Brazil-China Income Tax Treaty (1991) will take effect on 14 June 2025. The protocol takes effect on 1 January 2026 for

The proposed extension will continue the rate until 31 December 2030. The Russian Government announced plans to extend the 0% VAT rate on temporary accommodation services in hotels and other lodging facilities on 22 May 2025. The proposed

According to a Financial Times report on 20 May 2025, the EU is considering imposing a flat fee on small packages entering the bloc, mainly from China. The Financial Times reported that the European Commission shared a draft proposal for a