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Russia ready for multilateral agreements on avoiding double taxation

July 19, 2013, 12:47 UTC+3
OECD and G-20 have made a plan to raise transparency of taxation, according to Russia's Finance Minister Anton Siluanov
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MOSCOW, July 19 (Itar-Tass) - Russia is ready for using multilateral agreements on avoiding double taxation, Finance Minister Anton Siluanov told a news conference on Friday.

OECD and G-20 have made a plan to raise transparency of taxation, he said.

“We have been considering changes to agreements on avoiding of double taxation,” Siluanov said. “We are ready now to consider signing multilateral agreements on the case, not bilateral ones, like we did earlier.”

“We believe it would be more effective than to modernise basic agreements on avoiding of double taxation,” the finance minister added.

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