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Update - Sweden Formally Suspends Tax Treaty with Russia

03 February 2025

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Treaty Development

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Sweden-Russia

On 30 January 2025, the Swedish Ministry of Finance announced that the government formally decided to suspend the 1993 income tax treaty with Russia. As noted in the related legislative page, the treaty is suspended in its entirety on 1 February 2025, but according to a related ordinance issued on 30 January, this will enter into force on 10 February 2025. As such, the treaty will continue to apply in respect of: withholding taxes, on amounts paid or credited before 10 February 2025; and other taxes on income, on income earned before 10 February 2025. Sweden's suspension of the treaty...