Explanatory note

This Order revokes the Double Taxation Relief (Taxes on Income) (Russian Federation) Order 1994 (“the 1994 Order”). The 1994 Order gave effect to arrangements between the United Kingdom and the Russian Federation with a view to affording relief from double taxation.

Article 2 sets out the dates from which this Order has effect. For income tax and capital gains tax, and any taxes imposed by the law of the Russian Federation that are of a similar character, it has effect for the tax year 2025-26 and each subsequent tax year. For corporation tax, and any taxes imposed by the law of the Russian Federation that are of a similar character, it has effect for the financial year beginning on 1st April 2025 and each subsequent financial year.

Article 3 provides that the 1994 Order is revoked.

A Tax Information and Impact Note has not been produced for the Order as it relates to a double taxation agreement.