Russia suspends the key provisions of double taxation agreement with France and other “unfriendly” states
On August 8, 2023, the Russian president issued a decree No. 585 (hereinafter – the Decree[1]) which unilaterally suspends – from the Russian counterparty – most of material provisions of agreements on avoidance of double taxation (hereinafter – the DTA) entered into between Russia and the so-called unfriendly states that have imposed sanctions against Russia. The action affects 38 DTAs, including the one entered with France of 26 November 1996