“The process of denunciation has already been launched.

The last offer that we received from the Dutch side did not allow us to come to a compromise, since it meant maintaining channels for the withdrawal of income from Russia with minimal tax consequences for individual economic entities without a real economic presence in the Netherlands, "RIA Novosti reports press services of the Russian Cabinet.

It is noted that the process of preparing a bill on denunciation before its submission to the State Duma will take two months, during this period negotiations may continue.

On December 4, it was reported that the Russian Ministry of Finance began developing a bill to denounce the tax agreement with the Netherlands. The document has been published on the portal of draft regulations.