tax

Double taxation treaty between the Czech Republic and Russia

Jiří Šindelář
06/09/2023
tax
Information on changes in the application of the articles of the international double taxation treaty between the Czech Republic and Russia.

In this way, we would like to draw attention to the fact that the Russian Federation, as part of the decree signed by Putin (on August 8), suspended some articles of the international treaty on the avoidance of double taxation between the Czech Republic and Russia. In practice, it will therefore be the case that income from sources in that country can be taxed arbitrarily according to the tax regulations there. As part of this act, we are not alone on the list of unfriendly countries, but we are together with the countries of the EU, the USA, Canada, Japan, Switzerland, Australia, etc. The Ministry of Finance is expecting a diplomatic note where this procedure will be practically explained, but personally, I think that the representatives of the state since they have de facto terminated the entire double taxation treaty, will not bother to explain or write anything down.

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Jiri Sindelar
Jiří Šindelář
Tax Director
Crowe