United Kingdom and Germany sign DTA Protocol
A protocol has been signed to the double tax agreement between the UK and Germany. This protocol which was signed on 17 March 2014 includes in the agreement the latest version of Article 7 (business profits) of the OECD Model. The taxation rights in
See MoreUnited Kingdom – Belgium sign Protocol
The UK and Belgium have added a second Protocol to their double taxation agreement (DTA). The original protocol amended the article on exchange of information to conform to the latest OECD standard. The second protocol which was signed on 13 March
See MoreTreaty between Bahrain and Hungary approved by Bahrain’s cabinet
Bahrain has approved the Income Tax Treaty signed 23 March 2014 with Hungary. The treaty is not yet in force and no further details of the treaty are currently
See MoreSwitzerland signs new DTA with Argentina
Switzerland and Argentina have signed a new double taxation agreement (DTA). When it enters into force this agreement will replace the provisional agreement signed in 1997. The agreement contains provisions relating to the exchange of information
See MoreSwiss Parliament rejects French IHT agreement
The Swiss Council of States has not accepted the text of a revised inheritance tax (IHT) agreement with France and has instead suggested that it should be renegotiated. Switzerland had asked for a renegotiation after France had communicated its
See MoreSaudi Arabia and Hungary sign a DTA
Saudi Arabia and Hungary signed a double taxation agreement (DTA) on 24 March 2014. No further details of the agreement are currently
See MoreRussia: treaty between Russia and Italy clarified by the Ministry of Finance
Letter No. 03-08-РЗ/10213 published by the Russian Finance Ministry explains the position with respect to dividends paid by Russian companies to Italian parent companies. The participation exemption is available if the parent company meets a 365
See MoreRevision to treaty between India and Bulgaria
Bulgaria’s Ministry of Finance has been authorized to begin negotiations for a double tax treaty with India. After it has been signed and has entered into force the new treaty will replace the current treaty signed in
See MoreDTA between Hungary and Algeria under negotiation
Hungary has issued a decree authorizing the relevant Ministries to commence negotiations for a double tax treaty with Algeria. No further details are available in respect of a date for commencement of
See MoreDTA between Denmark and Ghana signed
Denmark and Ghana signed a Double Taxation Agreement (DTA) on 24 March 2014. The agreement allocates taxing rights between the two countries in respect of taxes on income and capital gains. A mechanism is provided for the elimination of double
See MoreTreaty between Indonesia and Latvia under negotiation
Indonesia and Latvia have announced that they intend to intensify negotiations for a double taxation agreement. No details of the likely content of the agreement are currently
See MoreDTA between China and Ecuador enters into force
The double tax agreement (DTA) between China and Ecuador which was signed in 2013 entered into force on 6 March 2014 and will apply as from 1 January 2015. When it is in effect, the agreement will establish maximum withholding tax rates on
See MoreSwitzerland – Peru DTA
The double taxation agreement (DTA) between Switzerland and Peru which was originally signed on 12 September 2012 entered into force on March 10, 2014. The agreement raises the standard of tax information exchange between the two countries to the
See MoreSwitzerland – Kazakhstan DTA Protocol
On March 25, 2014 Switzerland confirmed that the protocol to the double taxation agreement (DTA) with Kazakhstan has entered into force. The protocol amends the DTA to provide for the exchange of tax information between the countries. The exchange
See MoreTreaty between India and Romania enters into force
The treaty between India and Romania which was signed on 8 March 2013 generally applies from 1 January 2014 for Romania and from 1 April 2014 for India. From this date, the new treaty generally replaces the India - Romania Income Tax Treaty in
See MoreProtocol to treaty between Belgium and United Kingdom signed
Belgium and the UK have signed a second protocol to their double tax treaty. The protocol clarifies that certain amendments made by the first protocol to the treaty apply to regional taxes and to the communities. The protocol also confirms that
See MoreLuxembourg and Laos sign a DTA
The double taxation agreement (DTA) between Laos and Luxembourg entered into force on March 21, 2014. The agreement which was signed on 4 November 2012 is in line with the OECD Model Tax Convention. The provisions of the agreement will take effect
See MoreLuxembourg and Israel sign a DTA
Luxembourg and Israel signed a new double taxation agreement on 11 March 2014. No further details of this new agreement are currently
See More