The United States extended the license to pay taxes and duties in Russia until December 7

The United States extended the license to pay taxes and duties in Russia until December 7

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The US Treasury issued a license extending the period until which US companies and citizens can pay taxes, fees and duties in Russia. It is also allowed to acquire or receive permits, licenses, registrations or certificates to make payments to the Russian Central Bank (CB), the National Wealth Fund (NWF) and the Ministry of Finance, if these payments are “carried out in the usual manner and necessary for their daily life.” New license (.pdf) is valid until December 7th. Previous released May 25th, expired September 30th.

On February 28, the US Treasury banned transactions with the Central Bank of the Russian Federation, the NWF and the Russian Ministry of Finance. In May, the US Department led from the sanctions of the payment of Russian pensions abroad. Also, individuals who are not under sanctions have the opportunity to close accounts in banks that have fallen under sanctions or withdraw funds from them. According to the Pension Fund of the Russian Federation for 2020, about 21 thousand people received Russian pensions in the United States.

Laura Keffer

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