The Federal Tax Service of Russia proposed to include Canada in the register of countries that do not exchange tax data
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The Federal Tax Service (FTS) of Russia is considering the inclusion of Canada in the list of states and territories that do not provide information exchange for tax purposes. project department orders. Canada appeared in the draft order of the Federal Tax Service of 2019 among the countries included in the mentioned list, but was excluded from it in the final version of the document.
After the start of the military operation in Ukraine, a number of Western countries, including Great Britain, Germany and the United States have suspended the exchange of fiscal information with Russian and Belarusian tax authorities. Freezing this exchange means that the Russian authorities will not receive such information about their citizens abroad, which will allow them to avoid double taxation.
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