Russia cancels tax agreements with 38 Western countries ...News

Economy by : (Russia Today) -
The move comes in response to numerous sanctions against the state Russian President Vladimir Putin on Tuesday signed a decree on the suspension of certain provisions of tax treaties with the United States, several EU countries, and other so-called ‘unfriendly states’. The idea to scrap double-taxation treaties with those who hit Moscow with sanctions has been proposed by Russia’s finance and foreign ministries.  According to the document published on the official portal of legal information, the decision was “based on the need to take urgent measures” due to the ‘unfriendly actions’ of some countries. The validit

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