Saudi Arabia: Shura Council approves tax treaty with Iceland
Saudi Arabia's Shura Council has approved the income tax treaty with Iceland on 13 January 2025. This follows after officials from Saudi Arabia and Iceland convened in Riyadh to sign an income tax treaty on 4 December 2024. The agreement aims to
See MoreRomania: Senate approves amending protocol to tax treaty with Malta
The Romanian Senate has approved Draft Law No. L611/2024, ratifying the amending protocol to the 1995 Malta-Romania Income Tax Treaty on 16 December 2024. The protocol has been submitted to the President for approval and promulgation. The
See MoreBrazil: Congress approves income tax treaty text with Norway
Brazilโs Congress has approved the 2022 Brazil-Norway Income Tax Treaty through Legislative Decree No. 273 of 2024, which was published in the Official Gazette (Issue No. 247) on 24 December 2024. Signed on 4 November 2022, the agreement with
See MoreArmenia approves tax treaty with Japan
Armeniaโs government has approved the signing of a new income tax treaty with Japan on 19 December 2024. This follows after Armenia and Japan have agreed in principle on the new income tax treaty between the two countries on 16 October
See MoreThailand approves tax treaties with Netherlands, Norway
The Thai Cabinet approved the signing of tax treaties between the Netherlands and Norway on 24 December 2024. The new treaties will supersede the 1975 tax treaty with the Netherlands and the 2003 tax treaty with Norway. The purpose behind the new
See MoreLithuania: Parliament approves tax treaty with San Marino
The Lithuanian Parliament (Seimas) has approved the ratification of the income and capital tax treaty with San Marino On 17 December 2024. Earlier, officials from Lithuania and San Marino signed a tax treaty on 17 May 2024. This agreement will
See MoreLithuania: Government approves ratification of tax treaty with Taiwan
The Government approved the draft Law for ratification of the tax treaty with Taiwan. The announcement was made by the Lithuanian Ministry of Finance on 11 December 2024. The agreement seeks to eliminate double taxation and to prevent tax evasion
See MoreSwitzerland: Council of States approves ratification of tax treaties with Angola, Jordan
The Swiss Upper House of Parliament (the Swiss Council of States) approved the ratification of the income tax treaties with Angola and Jordan on 9 December 2024. Earlier, the Swiss Federal Council announced the dispatch of the approval of a
See MoreBahrain: Council of Representatives approve tax treaty with Hong Kong
Bahrainโs Council of Representatives approved the ratification of the income tax treaty with Hong Kong on 3 December 2024. Signed on 3 March 2024, the Hong Kong-Bahrain income tax treaty is the first between the two countries. This agreement
See MoreBrazil: Chamber of Deputies approve tax treaty with Norway, amending protocol with Sweden
The Brazilian Chamber of Deputies approved an amending protocol with Sweden on 26 November and aย tax treaty with Norway on 27 November. Signed on 4 November 2022, the agreement with Norway aims at avoiding double taxation of income and
See MoreLuxembourg: Chamber of Deputies approve income and capital tax treaty with Montenegro
Luxembourg's Chamber of Deputies approved the draft law to ratify the income and capital tax treaty with Montenegro on 21 November 2024. Earlier, Luxembourgโs Council of State approved the draft law for the ratification of the income and
See MoreLuxembourg: Chamber of Deputies approves income and capital tax treaty with Albania
Luxembourg's Chamber of Deputies has given its approval for the ratification of the income and capital tax treaty with Albania on 21 November 2024. Earlier, Luxembourgโs Council of State approved a draft law to ratify the income and capital tax
See MoreRomania: Chamber of Deputies approve protocol to tax treaty with Malta
Romaniaโs Chamber of Deputies have approved the amending protocol to the 1995 Malta-Romania Tax Treaty on 18 November 2024. The protocol has been presented to Romania's Senate for further approval. It will take effect 30 days after the
See MoreLithuania approves draft law to terminate tax treaty with Belarus
The Lithuanian government has approved a draft law to terminate the 1995 tax treaty with Belarus on 13 November 2024. This decision comes after Belarus suspended several articles of the treaty, including those on dividends, interest, and capital
See MoreSaudi Arabia approves tax treaty with Qatar
The Saudi Arabian Council of Ministers approved the ratification of the income tax treaty with Qatar on 5 November 2024. The treaty, which is a first of its kind between the two Gulf monarchies, aims to eliminate double taxation, prevention as
See MoreMorocco approves first income tax treaty with Cape Verde
The Moroccan Council of Ministers approved the pending income tax treaty with Cape Verde on 18 October 2024. A tax treaty is a bilateral agreement between two countries designed to address double taxation on both passive and active income earned
See MoreFrance activates MFN clause in tax treaty with Latvia
The French tax authority issued a notice on 16 October 2014, regarding the implementation of the most favoured nation (MFN) clause in the 1997 tax treaty with Latvia. This convention, signed in Paris on 14 April 1997, includes a most-favoured
See MoreEgypt: House of Representatives approve income tax treaty with Oman
The Egyptian House of Representatives approved the ratification of the income tax treaty with Oman on 7 October 2024. Both countries apply the credit method for the elimination of double taxation. The agreement specifies that dividends,
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