Patrick Pohlitt
According to the Ministry of Finance, the Embassy of the Kingdom of Sweden has sent a note on the full suspension of the Convention on the Avoidance of Double Taxation between the Russian Federation and Sweden. The suspension will come into force on February 1, 2025.
Since the decision of the Swedish regulator does not provide for exceptions for certain articles in comparison with the Decree of the President of the Russian Federation from 08.08.2023 № 585, from 2025 residents of Sweden will not be able to offset tax paid in Russia, and the mechanism of mutual agreement procedure, as well as officially suspend the exchange of information between the states.
Comments