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

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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

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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,

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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

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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

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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

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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,

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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

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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

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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

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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

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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

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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

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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

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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

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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

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Bulgaria and Malta approve revised income tax treaty

20 May, 2024

The caretaker government of Bulgaria approved an amendment to the draft income tax treaty with Malta, authorising the Minister of Finance to sign the agreement, on Wednesday, 15 May, 2024. The initial draft, approved on 8 July, 2020, and

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Saudi Arabia approves tax treaty with Slovak Republic

17 May, 2024

The Saudi Cabinet gave its stamp of approval for the ratification of the income tax treaty with the Slovak Republic on 14 May, 2024. The treaty was initially signed on 13 November, 2023, marking the first of its kind between the two

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