On February 5, 2014, Russia completed the drafting of a new double taxation agreement (DTA) with China to replace their 1994 treaty. The new treaty when finalized is likely to update the provisions to take into account changes in the tax legislation in Russia and China in recent years.
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Officials from China and Peru will convene from 19 to 22 November 2024 for the second round of negotiations regarding an income tax treaty. This treaty seeks to prevent double taxation and tax evasion, promoting economic integration between the
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The President of Russia signed the Law No. 372-FZ for the ratification of the income tax treaties with Abkhazia and Malaysia on 2 November 2024. Earlier, the Russian government approved draft laws for the ratification of pending income tax
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The European Commission announced a definitive countervailing duty on imports of new battery electric vehicles (BEVs) from China. This decision was published in the Official Journal of the European Union (OJEU) as the Commission Implementing
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The French General Directorate of Public Finances published a guidance, on 23 October 2024, for the application of the France and Russia income tax treaty following the suspension of several provisions of the agreement. Despite the suspension,
Read More The Russian Federation Council, upper house of parliament, approved the law for the ratification of the pending income tax treaties with Abkhazia on 23 October 2024. The treaty with Abkhazia, signed on 7 May 2024, is the first between the two
Read More The Central Bank of Russia (CBR) has increased the key interest rate from 19% to 21%, on Friday, 25 October 2024. The initiative is an effort to combat growing inflation as government spending on military strains the economy’s capacity to
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