Russia: Decree of the President of the Russian Federation No. 585 on the suspension by the Russian Federation of certain provisions of international treaties of the Russian Federation on taxation


Clearstream Banking1 informs clients that the Russian Presidential Decree No. 585, dated 8 August 2023 and coming into force on the same date, suspends the provisions of Russia's double taxation agreements with "unfriendly" countries.

Clearstream Banking is in discussion with the National Settlement Depository (NSD) to further understand and assess the impact for Clearstream Banking and its clients.

Further information

For further information, clients may contact Clearstream Banking Client Services or their Relationship Officer.


1. Clearstream Banking refers collectively to Clearstream Banking S.A., registered office at 42, avenue John F. Kennedy, L-1855 Luxembourg, and registered with the Luxembourg Trade and Companies Register under number B-9248, and Clearstream Banking AG (for Clearstream Banking AG clients using Creation Accounts), registered office at 61, Mergenthalerallee, 65760 Eschborn, Germany and registered in Register B of the Amtsgericht Frankfurt am Main, Germany under number HRB 7500.