The corresponding decree was signed by the President of the Russian Federation on August 8
Deputies of the State Duma have ratified the suspension of a number of articles of tax agreements with foreign countries.
The document suspends almost all provisions concerning the agreement in which state income will be taxed, as well as the application of reduced rates, benefits and exemptions with 38 states.
The rules on taxation of dividends, interest, income from real estate, sale of movable and immovable property, copyrights and licenses, employment and royalties, pensions and other income are also suspended.
At the same time, the provisions on the elimination of double taxation remain in force. Income is still taxed only in one of the States: the country of tax residence of the recipient of income or the source of payment. The privileges of diplomatic staff and the possibility of exchanging information between tax authorities about taxpayers, income received and taxes paid in order to prevent tax evasion are also preserved. In addition, the changes will not affect mutually agreed procedures, and, accordingly, the tax authorities have the opportunity to consult and jointly decide in which state the income will be taxed.
Recall: on August 8, the President of the Russian Federation ordered the suspension of certain articles of tax agreements with Poland, the United States, the Republic of Korea, Bulgaria, Sweden, Luxembourg, Romania, Great Britain, Hungary, Ireland, Slovakia, Albania, Belgium, Slovenia, Croatia, Canada, Yugoslavia, Switzerland, the Czech Republic, Denmark, Norway, Italy, Finland, Germany, France, Macedonia, Cyprus, Spain, Lithuania, Iceland, Austria, Portugal, Greece, New Zealand, Australia, Singapore, Malta and Japan.
A source: duma.gov.ru
