The U.S. Department of the Treasury issued a release on 17 December 2024 announcing the partial suspension of the 1973 tax treaty with the former Soviet Union as it applies in relations with Belarus. In particular, paragraph 1, subparagraph (g), of Article III of the treaty is suspended, which concerns a tax exemption (0% withholding) for interest on credits, loans and other forms of indebtedness connected with the financing of trade between the two countries, except where received from the conduct of a general banking business. --- United States' Notification of Partial Suspension, by Mutual Agreement, of 1973 Tax Convention...