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Russia set to ratify OSCE convention on assistance in tax matters

November 21, 2013, 17:30 UTC+3 MOSCOW

The document will provide significant opportunities for enhancing cooperation among tax bodies of different countries

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© ITAR-TASS/Alexandra Mudratz

MOSCOW, November 21. /ITAR-TASS/. The Russian government will soon submit a bill to ratify the Organisation for Security and Cooperation in Europe’s Multilateral Convention on Mutual Administrative Assistance in Tax Matters to the State Duma for consideration, Deputy Finance Minister Sergei Shatalov said on Thursday.

“This Convention, which we joined one and a half years ago, had not been ratified yet,” he told a Federation Council session devoted to the fight against tax evasion. “Soon the government will submit the Convention to the State Duma. We hope that the upper and lower houses of Russian parliament will support the bill.”

The document will provide significant opportunities for enhancing cooperation among tax bodies of different countries.

Of late many offshore countries had joined the Convention, Shatalov said, adding that “if we become a full member of the Convention, they will provide us necessary information.

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