Russia tore up double tax treaty with Ukraine

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Ministry of Finance of the Russian Federation knowledgeableHe announced that the double taxation avoidance agreement between Russia and Ukraine will be repealed from January 1, 2023. Ukraine condemned. Russia sent a response notice today. The agreement has been in effect since February 1995.

“The Agreement will expire on 1 January 2023 with respect to taxes at source on income paid or accrued on or after 1 January 2023 and other taxes for tax periods beginning on or after 1 January 2023. January 1, 2023, ”the Russian ministry said in a statement.

Initially, Ukraine sent a note to terminate the agreement on 8 June. Russia sent a response notice today, August 23.

The Ministry of Finance of Ukraine announced the end of preferential conditions for Russian residents operating in Ukraine: they will be subject to a general tax rate of 15%. Residents of Ukraine operating in Russia can now pay taxes in this country and not at home – after the termination of the agreement, this possibility will disappear.

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