Russian Deputy Finance Minister Alexei Sazanov said Moscow is negotiating with the UAE to avoid double taxation. His words guide the way TASS.
“Yes, we are negotiating with the United Arab Emirates,” Sazanov said.
He noted that negotiations are continuing, positions are approaching, and the next round will take place within the next month.
Previously, the Russian Ministry of Finance announced that the suspension of tax agreements with some countries will continue until Russia’s rights are restored. The partial suspension of the agreements will also remain in effect until the agreements are terminated.
The Ministry of Finance of the Russian Federation made a relevant announcement following the UK’s objection to lift the suspension of the articles of the convention “On the prevention of double taxation and prevention of tax evasion with respect to taxes on income and capital gains”. property.”
Russian leader Vladimir Putin in August signed Decree suspending certain provisions of tax treaties with 38 unfriendly countries.
Previously at the European Commission in the name The amount of Russian assets frozen in the European Union.
Source: Gazeta
Ben Stock is a business analyst and writer for “Social Bites”. He offers insightful articles on the latest business news and developments, providing readers with a comprehensive understanding of the business world.