The Russian Ministry of Finance recently issued Guidance Letter No. 03-08-05/126139 on the continued application of exemptions under Russia's suspended tax treaties. In particular, the letter addresses royalty payments to a recipient in the United States. As previously reported, Russia suspended several provisions of its tax treaties with 38 "unfriendly" countries through Decree No. 585 on 8 August 2023, including the United States, which was subsequently converted into law, by Law No. 598-F…