Sweden terminates 1993 tax treaty with Russia

14 November, 2024

As reported recently, Sweden has informed Russia of its decision to suspend the application of the 1993 income tax treaty between the two nations, effective from 1 February 2025. Earlier, the Swedish government presented a bill, the Repeal Act,

See More

Taiwan, UK sign enhanced trade partnership arrangement

12 November, 2024

Taiwan Representative to the United Kingdom Amb. Kelly Wu-chiao Hsieh and Representative of the British Office in Taipei John Dennis, representing the Executive Yuan’s Office of Trade Negotiations and the UK Department of Business and Trade signed

See More

France issues guidance on termination of tax treaty with Burkina Faso

10 September, 2024

The French General Directorate of Public Finance has released guidance on the termination of the 1965 tax treaty with Burkina Faso. The tax treaty between Burkina Faso and France, established in the post-colonial period, aimed to clarify the tax

See More

Italy, Turkmenistan IPA enters into force

09 September, 2024

The 2009  Investment Protection Agreement (IPA) between Italy and Turkmenistan entered into force on 21 September 2020. Italy announced this through publication in Official Gazette No. 206 on 3 September 2024. The agreement will remain valid for

See More

Angola, EU sustainable investment agreement takes effect

06 September, 2024

The EU-Angola Sustainable Investment Facilitation Agreement (SIFA) entered into force on 1 September 2024. On 18 November 2022, the EU and Angola concluded negotiations on the SIFA. The agreement was signed on 17 November 2023 in Luanda,

See More

Montenegro and Ukraine initial new income tax treaty to replace 2001 agreement

05 September, 2024

Montenegro and Ukraine officials reportedly concluded the second round of negotiations by initiating an income tax treaty on 28 August 2024. This agreement, which will replace the 2001 tax treaty established between Ukraine and the former

See More

Korea (Rep), Paraguay sign MoU on Trade and Investment Promotion Framework

03 September, 2024

Korea (Rep.) and Paraguay signed a memorandum of understanding (MoU) on the Trade and Investment Promotion Framework (TIPF) on 23 August 2024. According to the Ministry of Trade, Industry and Energy, Minister for Trade Cheong In-kyo and his

See More

Uruguay approves tax information exchange agreement with the US

14 August, 2024

Uruguay's Chamber of Senators approved a tax information exchange agreement with the US on 7 August 2024. Signed on 24 October 2023, this marks the first agreement of its kind between the two nations. It aims to enhance cooperation in tax matters

See More

Indonesia; Switzerland IPA enters into force

14 August, 2024

The Investment Protection Agreement 2022 (IPA) between Indonesia and Switzerland went into force on 1 August, 2024. The new IPA addresses the contractual void left by the termination of the 1974 IPA between Indonesia and Switzerland on 8 April,

See More

Kazakhstan ratifies free trade and investment agreement with Singapore

30 July, 2024

The President of Kazakhstan Kassym-Jomart Tokayev signed Law No. 125-VIII ZRK ratifying the agreement on free trade in services and investments with Singapore on 16 July 2024. The newly enacted law is designed to strengthen trade and economic

See More

Mexico, US renew maquiladora tax agreement

30 July, 2024

The Mexican Tax Administration (SAT) announced the second renewal of the Qualified Maquiladora Approach Agreement (QMA) with the US Internal Revenue Service (IRS). The SAT stated that the latest renewal preserves the core aspects of the QMA's

See More

Belgium publishes synthesised text of treaty with South Africa impacted by MLI

12 July, 2024

The Belgian Federal Public Service Finance published on 24 June, 2024, a synthesised text in English of the 1995 Double Taxation Agreement (DTA) between Belgium and South Africa, detailing the impact of the Multilateral agreement to Instrument Tax

See More

France confirms suspension of tax treaty with Russia

26 June, 2024

France issued a notice in Official Journal No. 0147 on Sunday, 23 June 2024, regarding the partial suspension by the Russian Federation of the convention between France and Russia. This notice confirms the suspension of treaty provisions, effective

See More

Cambodia and France conduct second phase of tax treaty talks

29 May, 2024

Cambodian and French officials recently held a second round of negotiations for an income tax treaty from 23–25 April, 2024. If an agreement is finalised, signed, and ratified, it will be a first between the two

See More

Peru and Switzerland begin talks to revise tax treaty in accordance with OECD standards

29 May, 2024

Peru and Switzerland officials are set to commence talks on 3–6 June, 2024, aiming to amend their 2012 tax treaty in alignment with OECD BEPS

See More

Scholz and Macron call for urgent EU reforms to boost competitiveness

28 May, 2024

German Chancellor Olaf Scholz and French President Emmanuel Macron, in a joint Financial Times op-ed, urged the European Union to undertake reforms to enhance competitiveness and secure its way of life. They emphasised the need for decarbonising

See More

Bangladesh, Japan negotiates trade deal

28 May, 2024

Bangladesh and Japan have initiated negotiations for a trade deal to ensure continued duty-free export benefits post the Least Developed Country (LDC) graduation of Bangladesh in 2026. The first round of talks for an Economic Partnership

See More

Luxembourg ratifies first income and capital tax treaty with Cape Verde

28 May, 2024

Luxembourg has announced the publication of the “Law of 22 May 2024” in the Official Gazette, ratifying the pending income and capital tax treaty with Cape Verde. Signed on 13 January, 2022, this treaty is the first between the two

See More