Tax Treaty News: July 2017

Posted on

Mexico and Spain On 27 September 2017, the amending protocol of Double Taxation Agreement (DTA) between Mexico and Spain will enter into force.
Japan and Slovenia On 23 August 2017, the Double Taxation Agreement (DTA) between Japan and Slovenia will enter into force for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income.
Indonesia and Netherlands On 1 August 2017, the amending protocol of Double Taxation Agreement (DTA) between Indonesia and Netherlands will enter into force. The protocol will apply from 1 October 2017.
Oman and Portugal On 26 July 2017, the Double Taxation Agreement (DTA) between Oman and Portugal was entered for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income.
Georgia and Kyrgyzstan On 26 July 2017, Mr. Almazbek Atambayev, the President of Kyrgyzstan signed a law ratifying the Double Taxation Agreement (DTA) with Georgia for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income.
Ecuador and Switzerland On 26 July 2017 in Quito, Switzerland and Ecuador signed a protocol of amendment to the Double Taxation Agreement (DTA) in the area of taxes on income and capital. As a result, the DTA complies with the current international standard on the exchange of information upon request.
Armenia and Israel On 25 July 2017, the Minister of Foreign Affairs of Armenia and the Minister of Regional Cooperation of Israel have signed a Double Taxation Agreement (DTA) for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income.
Moldova and UAE On 21 July 2017, Moldova approved the Double Taxation Agreement (DTA) with United Arab Emirates for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income.
Argentina and Brazil On 21 July 2017, the amending protocol of Double Taxation Agreement (DTA) between Argentina and Brazil was signed in Mendoza, Argentina.
Brunei and Qatar On 20 July 2017, Mr. Tamim bin Hamad Al Thani, the Emir of Qatar issued an instrument of ratification to approve the Double Taxation Agreement (DTA) with Brunei in the area of taxes on income and capital.
Georgia and Moldova On 19 July 2017, the government of Moldova approved to sign the Double Taxation Agreement (DTA) with Georgia.
Moldova and UAE On 19 July 2017, the government of Moldova approved the Double Taxation Agreement (DTA) with United Arab Emirates.
Cameroon and UAE On 15 July 2017, the Double Taxation Agreement (DTA) between Cameroon and the United Arab Emirates was signed for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income, in Dubai.
Belarus and Ecuador On 13 July 2017, the National Assembly of Ecuador approved the Double Taxation Agreement (DTA) with Belarus.
Japan and Lithuania On 13 July 2017, the Double Taxation Agreement (DTA) between Japan and Lithuania was signed for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income, in Vilnius.
Croatia and UAE On 13 July 2017, the Double Taxation Agreement (DTA) between Croatia and the United Arab Emirates was signed for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income.
Moldova and UAE On 10 July 2017, the Double Taxation Agreement (DTA) between Moldova and the United Arab Emirates was signed in Chisinau.
Jordan and Saudi Arabia On 10 July 2017, the cabinet of Saudi Arabia approved the Double Taxation Agreement (DTA) with Jordan.
Japan and Latvia On 5 July 2017, the Double Taxation Agreement (DTA) between Japan and Latvia was entered into force for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income.
Bahrain and Thailand On 3 July 2017, the Bahrain Cabinet approved the amending protocol of Double Taxation Agreement (DTA) with Thailand for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income.
Hong Kong, Latvia, Belarus and Pakistan On 30 June 2017, the Chief Executive in Council of Hong Kong has made 3 orders under the Inland Revenue Ordinance to implement the Double Taxation Agreement (DTA) with Latvia, Belarus and Pakistan respectively.
Austria and Israel On 29 June 2017, the National Council of Austria approved the Double Taxation Agreement (DTA) with Israel. Once in force and effective, the new treaty will replace the existing DTA of 1970.
Croatia and UAE On 29 June 2017, the government of Croatia authorized to sign a Double Taxation Agreement (DTA) with the United Arab Emirates.
Qatar and Spain On 29 June 2017, the Spanish Congress of Deputies approved the Double Taxation Agreement (DTA) with Qatar.
Morocco and South Sudan On 25 June 2017, the Moroccan Council of Ministers approved the Double Taxation Agreement (DTA) with South Sudan for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income.
Morocco and Rwanda On 25 June 2017, the Moroccan Council of Ministers approved the Double Taxation Agreement (DTA) with Rwanda for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income.
Morocco and Madagascar On 25 June 2017, the Moroccan Council of Ministers approved the Double Taxation Agreement (DTA) with Madagascar for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income.
Morocco and Ghana On 25 June 2017, the Moroccan Council of Ministers approved the Double Taxation Agreement (DTA) with Ghana for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income.
Morocco and Ethiopia On 25 June 2017, the Moroccan Council of Ministers approved the Double Taxation Agreement (DTA) with Ethiopia for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income.
Morocco and Bahrain On 25 June 2017, the amending protocol of Double Taxation Agreement (DTA) between Morocco and Bahrain was approved by the Moroccan Council of Ministers. This treaty was signed on 22nd of April 2016.
Bangladesh and Kuwait On 19 June 2017, the cabinet of Bangladesh approved the Double Taxation Agreement (DTA) with Kuwait.
Bangladesh and Bahrain On 19 June 2017, the cabinet of Bangladesh approved the Double Taxation Agreement (DTA) with Bahrain.
China and Portugal On 7 May 2017, the mutual agreement between China and Portugal related to the application of the Article 11 on interest entered into force. According to the agreement, the National Council for Social Security Fund, the China Investment Corporation, the China Export & Credit Insurance Corporation; and the China Development Bank are considered within the scope of the exemption with respect to China. As well as, the Central Bank of Portugal is considered an institution within the scope of the exemption.
China and Pakistan On 24 April 2017, the amending protocol of Double Taxation Agreement (DTA) between China and Pakistan was entered into force.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s