On the basis of provisions place out by the Vienna Convention on international treaties, Russia is looking for chances to initiate protection measures in its trade relations with Ukraine. Ukraine has signed the economic part of the Ukraine-European Union Association Agreement on June 27, 2014, which contains provisions for the free trade zone creation and the import tariffs removal. As Ukraine becomes part of a free trade zone with the European Union, Russia will require protecting its internal market from the tariff-free flow of European goods from Ukraine. According to the article 62 of the Vienna Convention, Russia desires to abolish barrier-free relations with Ukraine that approves for the termination or postponement of a contract in the event of an important change of circumstances.
«
Switzerland: Threatens to raise carbon tax
Related Posts

Russia suspends late filing VAT return filing penalties for business using simplified tax regime
Russia, on 25 April 2025, temporarily suspended penalties for late VAT return submissions in 2025 for businesses using the simplified tax regime who, from 2025, are required to calculate and pay VAT. Taxpayers using the simplified taxation system
Read More
Ukraine: Government approves draft law on international exchange of information for income earned via digital platforms
The Ukrainian government approved a draft law introducing new rules for reporting and exchanging information on income earned through digital platforms on 29 April 2025. The proposed measures align with the OECD Model Rules and the EU’s DAC7
Read More
Malaysia ratifies new income tax treaty with Russia
Malaysia has completed the ratification of the new 2024 Malaysia - Russia Income Tax Treaty (2024) through the publication of the Double Taxation Relief (The Government of The Russian Federation) Order 2025 in the Official Gazette PU (A) 112 of 28
Read More
Russia: FTS confirms VAT on leased crypto mining equipment is non-deductible
Russia’s Federal Tax Service (FTS) clarified that VAT on leased crypto mining equipment is not deductible on 9 April 2025. The tax authority explained that since digital currency mining is not a VAT-taxable activity, input VAT included in lease
Read More
Russia proposes 10% windfall tax on large profits for 2024–2025
The Russian State Duma is reviewing a draft law that would impose a windfall tax on banks and major energy companies, including those involved in hydrocarbon extraction, petroleum refining, and the production and export of liquefied natural gas
Read More
Japan: Upper House approves new income tax treaty with Ukraine
Japan's upper house of parliament ( House of Councillors) approved the new income tax treaty with Ukraine on 23 April 2025. The new treaty updates tax rules on business profits and investment income, introduces measures to prevent treaty abuse,
Read More