State Duma of the Federal Assembly of the Russian Federation denounced the agreement with Latvia about avoidance of the double taxation

Russian Federation refused implementation of the agreement with Latvia about avoidance of the double taxation and prevention evasion of taxes on the income and the capital. Such laws State Duma of the Federal Assembly of the Russian Federation adopted at plenary session on February 15. According to the deputy head of MINISTRY OF FINANCE Aleksey Sazanov, laws are developed under the presidential decree which was issued in connection with violation by Latvia the obligations under the agreement on avoidance of the double taxation. It was accepted 13 years ago and created conditions under which companies and citizens of both countries did not pay taxes from the same type of income in the country and...