Russia has partially suspended tax deals with "hostile countries" including Albania.
This is the case in a decree signed by Russian President Vladimir Putin. The news was reported by the Ria Novosti agency.
"On the basis of the need to take urgent measures regarding the conduct of hostile acts by a number of foreign states against the Russian Federation, its citizens and legal persons, the provisions of international treaties have been suspended by Russia. Federation."
Putin has ordered the implementation of the main provisions of agreements regulating the taxation of movable and irregible assets, dividends, interest, revenue from services and copyright, compensation and employment income, as well as capital taxation.
Also suspended are provisions relating to tax incentives, as well as nondiscriminatory rules, under which taxpayers of countries that join the agreement must not pay heavier taxes than local ones.
The document suspends the main points of tax agreements with 38 countries: the US, Poland, South Korea, Bulgaria, Sweden, Luxembourg, Romania, great Britain, Hungary, Ireland, Slovakia, Albania, Belgium, Slovenia, Croatia, Canada, Montenegro, Switzerland, the Czech Republic, Denmark, Norway, Italy, Finland, Germany, France, Macedonia, Cyprus, Spain, Lithuania, Iceland, Austria, Portugal, Greece, New Zealand, Australia, Singapore, Malta and Japan.
The Russian Ministry of Foreign Affairs has been ordered to send the appropriate communications to these countries and the government must submit to the Duma a draft law suspending the agreements, according to the decree signed by the Russian president.