author_orbitax
Orbitax

Share This Article

Czech Financial Administration Provides Guidance on Suspension of Tax Treaty with Russia

06 May 2024

|

Treaty Development

|

Czech Republic-Russia

The Czech Financial Administration published guidance on 30 April 2024 concerning the suspension of certain provisions of the 1995 income and capital tax treaty with Russia. As previously reported, Russia suspended several provisions of its tax treaties with 38 "unfriendly" countries through Decree No. 585 on 8 August 2023, including the Czech Republic, which was subsequently converted into law, by Law No. 598-FZ of 19 December 2023. The guidance confirms that while Russia suspended the implementation of selected articles of the treaty as of 11 August 2023, the Czech Republic did so later, starting on 29 September 2023. With effect...