The Russian Ministry of Finance recently released Guidance Letter No. 03-08-05/11484 of 12 February 2024 concerning the treatment of interest payments to a French resident on debt obligations of a Russian company. 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 1996 tax treaty w…