Spain and US | On 27 November 2019, the amending protocol to the Double Taxation Agreement (DTA) between Spain and the United States (US) will enter into force and applies from the date of its entry into force. |
Czech Republic and Kyrgyzstan | On 30 October 2019, the Senate of Czech Republic approved the Double Taxation Agreement (DTA) with Kyrgyzstan. |
Cyprus, UK and Ukraine | On 30 October 2019, the parliament of Ukraine passed a draft law ratifying the amending protocol to the Double Taxation Agreement (DTA) with the United Kingdom (UK) and Cyprus. |
Ukraine and Malaysia | On 30 October 2019, the parliament of Ukraine passed a draft law ratifying the Double Taxation Agreement (DTA) with Malaysia. |
Botswana and Czech Republic | On 29 October 2019, the Double Taxation Agreement (DTA) between Botswana and Czech Republic was signed for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income, in Pretoria. |
Israel and Serbia | On 25 October 2019, the Double Taxation Agreement (DTA) between Israel and Serbia was entered into force and applies from 1 January 2020. The agreement contains Dividends rate 5% for at least 25% capital holding; otherwise 15%, Interest rate 10%, and Royalties rate 5%. |
Kyrgyzstan and Turkmenistan | On 24 October 2019, Mr. Sooronbay Jeenbekov, the President of Kyrgyzstan has signed a law ratifying the Double Taxation Agreement (DTA) with Turkmenistan, announced on the website of the President. |
Australia and Israel | On 24 October 2019, Australia’s House of Representative approved the bill for the ratification of the Double Taxation Agreement (DTA) with Israel. |
Iran and Switzerland | On 23 October 2019, the Swiss Federal Council adopted the dispatch on the protocol of amendment to the agreement with Iran for the avoidance of double taxation with respect to taxes on income and capital. The protocol implements the minimum standards for double taxation agreements. |
India and Morocco | On 22 October 2019, a notification issued by India announcing the amending protocol to the Double Taxation Agreement (DTA) with Morocco entered into force and applies from 15 July 2019. |
Kosovo and Saudi Arabia | On 20 October 2019, the Double Taxation Agreement (DTA) between Kosovo and Saudi Arabia signed for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income, in Washington D.C. |
Estonia and Guernsey | On 17 October 2019, the Estonian government authorized the Minister of Finance (MoF) to sign a Double Taxation Agreement (DTA) with Guernsey. |
Liechtenstein and Lithuania | On 16 October 2019, the Lithuanian government approved the Double Taxation Agreement (DTA) with Liechtenstein. |
Kenya and Mauritius | On 16 October 2019, Mauritius has announced the signing of an amending protocol to the Double Taxation Agreement (DTA) with Kenya. |
Kyrgyzstan and Netherlands | On 14 October 2019, the Kyrgyzstan Parliament Committee on Budget and Finance approved to sign a Double Taxation Agreement (DTA) with the Netherlands. |
Estonia and Hong Kong | On 11 October 2019, an order made by the Hong Kong Chief Executive in Council was gazetted under the Inland Revenue Ordinance (Cap. 112) to implement the Double Taxation Agreement (DTA) with Estonia. |
France and Luxembourg | On 10 October 2019, France and Luxembourg signed an amending protocol to update the Double Taxation Agreement (DTA), in Luxembourg. |
Switzerland and Ukraine | On 9 October 2019, the Swiss Federal Council adopted the dispatch on the approval of a protocol of amendment to the Double Taxation Agreement (DTA) with Ukraine for the avoidance of double taxation with respect to taxes on income and capital. The protocol implements the minimum standards for double taxation agreements and also adapts the DTA to the current treaty policy of the two states. |
Cyprus and Egypt | On 8 October 2019, the Double Taxation Agreement (DTA) between Cyprus and Egypt was signed for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income, in Cairo. Once in force and effective, the new DTA will replace the former DTA of 1993. |
China and Macau | On 8 October 2019, Macau authorizes the Secretary for Economy and Finance to sign an amending protocol to the Double Taxation Agreement (DTA) with China. |
Kazakhstan and Luxembourg | On 7 October 2019, the government of Kazakhstan approved the Minister of Finance (MoF) to sign an amending protocol to the Double Taxation Agreement (DTA) with Luxembourg. |
Cambodia, China and Hong Kong | On 4 October 2019, an order made by the Hong Kong Chief Executive in Council was gazetted under the Inland Revenue Ordinance (Cap. 112) to implement the Double Taxation Agreement (DTA) with Cambodia and amending protocol with China. |
Chile and China | On 2 October 2019, the Senate of Chile approved the amending protocol to the Double Taxation Agreement (DTA) with China. |
Cyprus and UK | On 2 October 2019, the amending protocol to the Double Taxation Agreement (DTA) between Cyprus and the United Kingdom entered into force. The protocol generally applies from 1 January 2019. |
Liechtenstein and Lithuania | On 1 October 2019, the Liechtenstein government approved the Double Taxation Agreement (DTA) with Lithuania. |
Gibraltar and UK | On 1 October 2019, officials from the United Kingdom (UK) signed the Double Taxation Agreement (DTA) with Gibraltar. The agreement contains Dividends rate 0%, Interest rate 0%, and Royalties rate 0%. |
Portugal and Sweden | On 1 October 2019, the Swedish Parliament accepted for consideration a bill to ratify a protocol to the Double Taxation Agreement (DTA) with Portugal for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income. |
Indonesia and Kazakhstan | On 30 September 2019, the government of Kazakhstan authorized the Minister of Finance (MoF) to sign a Double Taxation Agreement (DTA) with Indonesia. |
Armenia and Denmark | On 30 September 2019, Mr. Armen Sarkissian, the President of Armenia signed a law ratifying the Double Taxation Agreement (DTA) with Denmark. |
China and New Zealand | On 30 September 2019, New Zealand has ratified the Double Taxation Agreement (DTA) with China. The new DTA will replace the existing DTA of 1986. |
UAE and Zimbabwe | On 29 September 2019, the Cabinet of United Arab Emirates (UAE) approved the Double Taxation Agreement (DTA) with Zimbabwe. |
Paraguay and Qatar | On 27 September 2019, Paraguay ratified the Double Taxation Agreement (DTA) with Qatar. |
Argentina and Luxembourg | On 27 September 2019, Luxembourg’s Council of government approved the Double Taxation Agreement (DTA) with Argentina for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income. |
Iceland and Nordic Countries | On 27 September 2019, According to a press release from Iceland’s Ministry of Finance and Economic Affairs, Iceland deposited its instrument of ratification to the Nordic Tax Treaty. The protocol is generally apply from 1 January 2020. |
Hungary and Pakistan | On 26 September 2019, the government of Hungary issued Decree No. 1558/2019 authorizing the Ministry of Finance (MoF) to sign an amending protocol to the Double Taxation Agreement (DTA) with Pakistan. |
China and Macau | On 25 September 2019, Macau approved the signing of an amending protocol to the Double Taxation Agreement (DTA) with China. |
Lebanon and Saudi Arabia | On 17 September 2019, the cabinet of Saudi Arabia authorized the Minister of Finance (MoF) to sign a Double Taxation Agreement (DTA) with Lebanon. |
Albania and Saudi Arabia | On 17 September 2019, the Saudi Arabia ratified the Double Taxation Agreement (DTA) with Albania. |
Finland and Lithuania | On 10 September 2019, the tax administration of Finland announced that the conditions for the activation of the most favored nation (MFN) clause have been met in the Double Taxation Agreement (DTA) with Lithuania. |
Angola and Portugal | On 22 August 2019, the Double Taxation Agreement (DTA) between Angola and Portugal was entered into force and applies from 1 January 2020. The agreement contains Dividends rate 8% for at least 25% capital holding; otherwise 15%, Interest rate 10%, and Royalties rate 8%. |
India and Morocco | On 15 July 2019, the amending protocol to the Double Taxation Agreement (DTA) between India and Morocco entered into force and applies from 15 July 2019. |
Tax Treaty News: November 2019
10 November, 2019