The US Department of the Treasury announced on 17 December 2024 that the United States has provided formal notice to the Republic of Belarus to confirm the suspension of the operation of paragraph 1, subparagraph (g), of Article III of the Convention between the United States of America and the Union of Soviet Socialist Republics on Matters of Taxation, with related letters, signed at Washington 20 June 1973 (the “Convention”), by mutual agreement.
The suspension is effective from 17 December 2024 until 31 December 2026, or earlier if mutually determined by the two governments.
This action responds to notification by the Republic of Belarus on 21 March 2024, of its desire to suspend paragraph 1, subparagraph (g), of Article III of the Convention until 31 December 2026.