Putin has ordered the suspension of certain articles of tax agreements with a number of “unfriendly countries”. The corresponding decree was published on August 8 on the official Internet portal of legal information.
According to the decree, these are agreements on avoidance of double taxation (in terms of income and property) with Poland, the United States, South Korea, Sweden, Luxembourg, Romania, Bulgaria, Great Britain, Hungary, Ireland, Slovakia, Albania, Belgium, Slovenia, Croatia, Canada, Switzerland, Montenegro, Czech Republic, Denmark, Italy, Finland, Germany, France, Macedonia, Cyprus, Spain, Lithuania, Iceland, Portugal, Austria, Greece, New Zealand, Australia, Singapore, Malta and Japan.
The government should draft and submit to the State Duma the relevant laws.
The possible suspension of tax agreements with a number of countries became known in March. At that time, it was presented as a reaction to Russia’s inclusion in the EU tax blacklist.