Russia ratifies OECD Convention on Mutual Assistance in Tax Matters

Russian President Vladimir Putin on November 3 signed a law ratifying the Convention on Mutual Administrative Assistance in Tax Matters, Russian news agency TASS has reported.

Deputy Finance Minister Yury Zubarev noted that, with the signing of the Convention,  Russia will be able to exchange tax information with many jurisdictions, including offshore tax havens and can apply the Convention to any of its territories, Tass reported. See, Tass.