Putin's tax decision

17:39 - 8.08.2023


Russian President Vladimir Putin has canceled some provisions of unfriendly countries in tax treaties with Western countries.

ABC.AZ reports that, according to the decision signed by Russian President Vladimir Putin, the provisions of agreements with unfriendly countries providing for double taxation of income and assets have been canceled.

The decree instructs the Russian government to reduce the impact of the cancellation of these provisions on the economy, the Russian Foreign Ministry is also instructed to provide the relevant countries with the necessary information about the cancellations.