Belgium: Protocol to tax treaty with Canada

16 April, 2014

A Protocol amending the double taxation agreement (DTA) between Belgium and Canada has been signed. The Protocol incorporates into the DTA updated provisions in respect of the exchange of tax information. The exchange of information between tax

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Treaty between Saudi Arabia and Luxembourg approved by Saudi Arabia

15 April, 2014

Saudi Arabia approved the double taxation agreement with Luxembourg on 31 March

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Treaty between Ethiopia and Saudi Arabia approved by Saudi Arabia

15 April, 2014

Saudi Arabia approved the double tax with Ethiopia on 31 March 2014. The treaty will enter into force when the appropriate ratification procedures have been completed in both

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Hong Kong DTAs with Qatar, Canada, Kuwait, Jersey, and Mexico

07 April, 2014

The double taxation agreements (DTAs) that Hong Kong has signed with Qatar, Canada, Kuwait, Jersey, and Mexico are to take effect in Hong Kong from April 1,

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United Kingdom and Germany sign DTA Protocol

31 March, 2014

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

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United Kingdom – Belgium sign Protocol

31 March, 2014

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

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Treaty between Bahrain and Hungary approved by Bahrain’s cabinet

31 March, 2014

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

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Switzerland signs new DTA with Argentina

31 March, 2014

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

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Swiss Parliament rejects French IHT agreement

31 March, 2014

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

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Saudi Arabia and Hungary sign a DTA

31 March, 2014

Saudi Arabia and Hungary signed a double taxation agreement (DTA) on 24 March 2014. No further details of the agreement are currently

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Russia: treaty between Russia and Italy clarified by the Ministry of Finance

31 March, 2014

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

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Revision to treaty between India and Bulgaria

31 March, 2014

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

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DTA between Hungary and Algeria under negotiation

30 March, 2014

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

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DTA between Denmark and Ghana signed

30 March, 2014

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

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Treaty between Indonesia and Latvia under negotiation

29 March, 2014

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

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DTA between China and Ecuador enters into force

28 March, 2014

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

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Switzerland – Peru DTA

27 March, 2014

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

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Switzerland – Kazakhstan DTA Protocol

27 March, 2014

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

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