On the 10th of February 2023, the IBFD confirmed the recent publication of a Russian Ministry of Finance press release expressing an interest in renegotiating in 2023 the 2011 Russian/ United Arab Emirates DTC. Given the current global circumstances, why would the Russian MOF be bothering? It is intriguing that Russia is interested in renegotiating the DTC when it was expected it was unlikely to do so if a direct consequence would be an increase in the outflow of the Russian capital. For more information view my paper below…

The-Russian-and-United-Arab-Emirates-Double-Tax-Treaty-May-2023.pdf