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UK suspension of exchange of tax information with Russia and Belarus

17 March 2022

Proposing MP
Lucy Frazer Con
South East Cambridgeshire
Type
Written Ministerial Statement
Department
Treasury
View on Parliament.uk -->

At a Glance

Issue Summary

The UK is suspending all tax information exchanges with Russia and Belarus in response to Russia's invasion of Ukraine.

Action Requested

I am announcing the suspension of tax cooperation with Russia and Belarus, which includes halting Exchange of Information on Request (EoIR), Common Reporting Standard (CRS), and Country-by-country Reporting (CBCR) agreements. This action is designed to prevent economic benefit for these countries through tax information.

Key Facts

  • The UK exchanges tax information with Russia under the Convention on Mutual Administrative Assistance in Tax Matters.
  • The UK exchanges tax information with Belarus under bilateral Double Tax Agreements.
  • CRS and CBCR are not applicable to Belarus, so only EoIR is suspended for Belarus.
  • The suspension will ensure that the UK does not provide Russia and Belarus with information leading to economic benefit.
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