The income tax treaty between Abkhazia and Russia entered into force on 28 November 2024. The treaty, signed 7 May 2024, is the first of its kind between the two jurisdictions. Taxes Covered The treaty covers the corporate profit tax and personal income tax of both jurisdictions. Residence If a person other than an individual is considered resident in both Contracting Parties, the competent authorities of the Contracting States will determine its residence for the purpose of the treaty through mutual agreement, having regard to its place of effective management, the place where it is incorporated or otherwise constituted, and...