Saudi Arabia, Kuwait to sign first income tax treaty

29 July, 2024

The Saudi Council of Ministers authorised the signing of an income tax treaty with Kuwait on 23 July 2024. This will be the first tax treaty between the two Gulf nations once finalised, signed and ratified. The treaty aims to eliminate double

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Netherlands ratifies pending Curacao-Malta tax treaty

29 July, 2024

The Netherlands published the Law of 27 July 2024 in the official gazette, on 25 July 2024, ratifying the pending income tax treaty between Curaçao and Malta. The treaty aims to prevent double taxation and eliminate fiscal evasion regarding income

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Netherlands: Curaçao, Suriname sign tax treaty

29 July, 2024

The Netherlands announced in the Official Gazette on 25 July, 2024, that it signed a tax treaty to prevent double taxation between Curaçao and Suriname. As a constituent country of the Kingdom of the Netherlands, Curaçao can negotiate bilateral

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Korea (Rep.), Turkey income tax treaty enters into force

25 July, 2024

The new income tax treaty between Korea (Rep.) and Turkey entered into force on 21 July 2024, replacing the 1983 treaty between the two countries. It aims to enhance tax cooperation and prevent double taxation between the two nations in line with

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Kenya: High Court rules no withholding tax on service fees in Kenya-France treaty

22 July, 2024

Kenya’s High Court delivered its ruling regarding the case – Income Tax Appeal E044 of 2021 – Commissioner of Domestic Taxes v Total Kenya Limited. Total Kenya Limited (TKL) is a fully owned subsidiary of French company, Total Outre Mer (TOM).

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Costa Rica, Switzerland to restart tax treaty talks

19 July, 2024

The Swiss Federal Council, in a release on 15 July 2024, has announced that Costa Rica and Switzerland officials have restarted negotiations for an income tax treaty between the two countries. Officials from both nations discussed bilateral and

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Azerbaijan publishes law on ratification of pending tax treaty with Kyrgyzstan

19 July, 2024

Azerbaijan published the law – titled, “Law of the Republic of Azerbaijan on approval of the ‘Agreement between the Republic of Azerbaijan and the Kyrgyz Republic on the elimination of double taxation and prevention of tax evasion with respect

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Luxembourg, Rwanda tax treaty takes effect

19 July, 2024

Luxembourg's Official Gazette has issued a notice confirming the income and capital tax treaty with Rwanda. It signed their first ever income and capital tax treaty, which entered into force on 14 February 2024. The treaty was signed on 29 September

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Andorra Ratifies First Income Tax Treaty with Lithuania

19 July, 2024

The Andorran General Council ratified the  income tax treaty with Lithuania. The treaty was signed on 17 April 2024. This is the first of its kind between the two countries. Tax treaty ratification is the formal process by which countries

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Switzerland, Hungary sign protocol to update double taxation agreement

15 July, 2024

Switzerland and Hungary signed a protocol of amendment to the agreement for the avoidance of double taxation with respect to taxes on income and capital (DTA) on 12 July 2024 at Budapest. It implements the minimum standards for double taxation

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Egypt approves tax treaty with Oman

12 July, 2024

The Egyptian Cabinet approved the ratification of the income tax treaty with Oman on 9 July 2024. Signed on 22 May 2023, the treaty specifies that dividends, royalties, and fees for technical services are liable to a maximum withholding tax rate

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Tax treaty between Luxembourg, Rwanda enters into force

10 July, 2024

The income and capital tax treaty between Luxembourg and Rwanda has entered into force starting 14 February 2024, it was published in  Journal Officiel du Grand-Duché de Luxembourg (No. A277) on 4 July 2024. The agreement states that dividends,

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Malta, Romania sign amending protocol to tax treaty

10 July, 2024

Malta and Romania signed an amending protocol to the 1995 Malta-Romania Income Tax Treaty on 4 July, 2024, aiming to enhance the original tax treaty between the two countries on the avoidance of double taxation and the prevention of fiscal

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Estonia approves signing draft tax treaty with Botswana 

10 July, 2024

Estonia’s government has approved signing an income tax treaty with Botswana on 4 July, 2024. The tax treaty seeks to eliminate double taxation, and prevent tax evasion. If an agreement is reached, it will be a first between the two

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Austria to negotiate first tax treaty with Bangladesh

08 July, 2024

The Austrian Council of Ministers approved the negotiation of an income and capital tax treaty with Bangladesh on 3 July 2024, according to information published by the Federal Chancellery. A tax treaty, also called double tax agreement (DTA) is

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Czech Republic clarifies suspended tax treaty with Belarus

05 July, 2024

The Czech Republic tax authorities issued a guidance, on 1 July 2024, clarifying the suspension of Articles 10 (dividends), 11 (interest), and 13 (capital gains) of the tax treaty agreement between the Czech Republic and Belarus. The tax treaty

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Belarus clarifies tax treaty application with France

05 July, 2024

The Ministry of Taxes and Duties of Belarus issued a clarification on the application of the tax treaty to the 1985 Belarus-France income tax treaty on 28 June, 2024. France has announced that it will suspend articles 7 (dividends), 8 (interest),

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Switzerland enacts new tax treaty amendment with France

05 July, 2024

On 25 June 2024, Switzerland’s tax authorities published “Federal Decree No. 1461/2024 of 14 June 2024” in the Official Gazette. This decree sets a referendum deadline of 3 October 2024 for the approval of the Additional Agreement, signed on

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