The move comes in response to numerous sanctions against the state
Russian President Vladimir Putin on Tuesday signed a decree on the suspension of certain provisions of tax treaties with the United States, several EU countries, and other so-called ‘unfriendly states’. The idea to scrap double-taxation treaties with those who hit Moscow with sanctions had been proposed by Russia’s finance and foreign ministries.
According to the document published on Russia's official legal information portal, the decision was “based on the need to take urgent measures” due to the ‘unfriendly actions’ of some countries. The double-taxation treaty ban will remain in place “until foreign states eliminate the violations they have committed of the legitimate economic and other interests of the Russian Federation, the rights of its citizens and legal entities” or until the relevant documents cease to be valid, it stated.
At the same time, the government was instructed to take measures to reduce the impact of the tax treaties' suspension on the Russian economy. The Cabinet of Ministers is now required to submit a bill on the suspension of such documents to the State Duma while the Russian Foreign Ministry was also instructed to notify the relevant foreign states of the decision.
In particular, the decree suspends agreements between Russia and the US on the avoidance of double taxation and the prevention of tax evasion on income and capital. All in all, Moscow suspended double-taxation agreements with 38 countries, including the UK, Canada, Switzerland, Japan, the Czech Republic, Denmark, Norway, Italy, Finland, France, Germany, Spain and others who have imposed anti-Russia sanctions.
Double-taxation treaties are agreements between states designed to protect against the risk of the same income being taxed twice in both countries.
https://www.rt.com/business/581001-russia-tax-treaties-suspension-sanctions/
The prices of some life-saving medicines have soared to levels that are unaffordable for ordinary people in Venezuela as the United States has ramped up military presence in the Caribbean off Venezuela's coast, alongside escalating sanctions, blockades and military threats against the oil-rich South American nation since late August.
https://www.presstv.ir/default/Embeded/761400
At a northeastern suburb in the capital city Caracas, locals can still purchase most of the commonly used medicines at a major supermarket, where some antibiotics have been sold out, and some first-aid medicines and supplies have become too costly for ordinary residents.
"I'm here mainly to buy antibiotics. I have problems with my lungs. But I can't get all I want, such as vancomycin," said a resident named Alfonso.
"Recent tensions have affected the supplies and prices of drugs. The prices of cancer drugs, insulin drugs and albumin are very high, and most patients here cannot afford them," said Giovanna Gonzalez a ...
Russian President Vladimir Putin says Moscow is prepared to use military force to achieve the goals of its special military operation if Ukraine continues to delay peace talks.
During an inspection of a Russian armed forces command post on Saturday, Putin stressed that Moscow will not allow Kiev’s obstruction to prevent progress.
“If the Kiev authorities do not want to resolve the matter peacefully, we will accomplish all the tasks before us in the course of the special military operation by military means,” he said.
The Russian leader noted that the Ukrainian authorities are not moving toward a peaceful resolution, adding, “We see that even today, unfortunately, the leaders of the Kiev regime are in no hurry to resolve this conflict peacefully. I spoke about this a year ago in a speech at the Ministry of Foreign Affairs.”
Putin also received reports from Chief of General Staff Valery Gerasimov and commanders of Russia’s “Centre” and “East” military groups.
Meanwhile, ...
