Russia has suspended certain provisions of its double tax treaties (DTTs) with jurisdictions that are deemed “unfriendly” due to their imposition of sanctions on Moscow. The key highlights are:-
- The partial suspension came into effect immediately after the publication of the Decree on August 8, 2023.
- the list of suspended DTTs includes 38 “Unfriendly States”: Albania, Australia, Austria, Belgium, Bulgaria, the Czech Republic, Canada, Croatia, Cyprus, Denmark, Finland, France, Germany, Greece, Hungary, Iceland, Ireland, Italy, Japan, Lithuania, Luxembourg, Macedonia, Malta, Montenegro, New Zealand, Norway, Poland, Portugal, Romania, Singapore, Slovakia, Slovenia, South Korea, Spain, Sweden, Switzerland, the UK and Northern Ireland, and the US.
