On 5 March 2021, the Belgian Cabinet approved for ratification the pending protocol to the new tax treaty with Russia, which was signed 19 May 2015 but has not yet entered into force. The protocol, signed 30 January 2018, amends Article 13 (Capital Gains) to provide that gains from the alienation of shares or similar rights in a company deriving more than 50% of their value directly or indirect…