During its meeting on 29 May 2025, the Russian government approved the draft law for the ratification of the pending income and capital tax treaty with the United Arab Emirates. The treaty, signed 17 February 2025, will enter into force once the ratification instruments are exchanged and will apply from 1 January of the year following its entry into force. Once in force and effective, the treaty will replace the limited tax treaty signed in 2011, which generally only applies with respect to …