US puts part of key Russia tax treaty on ice ...News

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US puts part of key Russia tax treaty on ice
The action follows Moscow’s earlier suspension of certain provisions of the 1992 agreement The US Treasury Department has announced it is suspending certain provisions of the 1992 tax convention with Russia. The step follows Moscow’s scrapping of double-taxation treaties last year with those who have imposed sanctions against the country. According to a press release published on the Treasury website on Monday, a formal notice has been provided to Moscow to confirm the suspension by mutual agreement. This is a response to Russia’s notification dated August 8, 2023, the department said. The suspension will take eff

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