Kyrgyzstan approves tax treaty with Cyprus
Kyrgyzstan's Cabinet of Ministers has approved an income tax treaty with Cyprus on 28 January 2025 following negotiations that concluded in April 2024. The treaty aims to eliminate double taxation on income while preventing tax evasion and
See MoreAndorra ratifies tax treaty with Latvia
Andorra has announced in a notice in the Official Gazette that it has ratified the income and capital tax treaty with Latvia ย on 18 February 2025. The agreement between the two nations aims to eliminate double taxation with respect to taxes on
See MorePhilippines, Cambodia sign new tax treaty
The Philippines Department of Finance in a release on 13 February 2025, announced that the Philippines and Cambodia have signed a double taxation agreement (DTA) to boost business confidence, increase trade, and spur economic growth between the two
See MoreCzech Republic, Iraq finalise income tax treaty
Iraqโs new agency announced in a release that officials from the Czech Republic and Iraq met on 13 February 2025 to discuss bilateral cooperation, including plans to finalise an income tax treaty. The tax treaty aims to eliminate double
See MoreBrazil: Chamber of Deputies approves tax treaty with Poland
Brazilโs Chamber of Deputies has approved the 2022 Brazil-Poland Income Tax Treaty through Draft Legislative Decree No. 261/2024 on 13 February 2025. The treaty, signed on 20 September 2022, is the first of its kind between the two nations. Its
See MoreCzech Republic, Gabon begin new tax treaty talks
The Czech Republic and Gabon officials resumed negotiations for an income tax treaty on 18 February 2025. The first round of the new tax treaty negotiations are expected to continue until 21 February 2025. The income treaty aims to prevent
See MoreAndorra, UK sign tax treaty
The Government of Andorra announced the signing of a Double Taxation Agreement (DTA) with the UK on 20 February 2025. The agreement, formalised by Noรซlia Souque, Andorra's Secretary of State for International Financial Affairs, aims to eliminate
See MoreTimor-Leste approves income tax treaty negotiations with UAE
The Council of Ministers ofย Timor-Leste approved the negotiation of an income tax treaty with the UAE on 19 February 2025. A tax treaty is a bilateral agreement between two countries designed to address double taxation on both passive and
See MoreUS may suspend tax treaty with China under America First Policy
The US President Donald Trump has signed a memorandum on the "America First Investment Policy" on 21 February 2025. The policy seeks to boost foreign investment in the USย to create jobs and grow the economy, especially from allies, while
See MoreSouth Africa publishes synthesised text of tax treaty with Spain
The South African Revenue Service (SARS) has released a synthesized text of its tax treaty with Spain, reflecting updates from the Multilateral Convention to Implement Tax Treaty Related Measures to Prevent Base Erosion and Profit Shifting
See MoreFrance: Lower House approves amending protocol to tax treaty with Luxembourg
The French lower house of parliament has approved the law to ratify the amending protocol to the 2018 income and capital tax treaty with Luxembourg on 13 February 2025. The protocol, signed on 7 November 2022, raises the time threshold for
See MoreRussia, UAE sign new tax treaty
Representatives from Russia and the UAE have signed a new income and capital tax treaty on 17 February 2025 . The treaty will come into effect after the exchange of ratification instruments, and once it is in force, it will replace the limited
See MoreSaudi Arabia, Serbia to sign income tax treaty
The Saudi Council of Ministers has granted the Ministry of Finance approval to sign an income tax treaty with Serbia on 11 February 2025. Earlier, Saudi Arabia and Serbia finalized negotiations by initiating an income tax treaty on 8 February
See MoreKenya: Cabinet approves new tax treaty with Singapore
Kenya's Cabinet has approved a new income tax treaty with Singapore on 11 February 2025. Signed on 23 September 2024, this treaty replaces the 2018 version, which never took effect. The tax treaty aims to eliminate double taxation on income
See MorePhilippines, Cambodia signs income tax treaty
The Philippines and Cambodia have signed their first income tax treaty on 11 February 2025. The treaty will take effect once ratification instruments are exchanged. The income tax treaty aims to alleviate the burden of double taxation for
See MoreBelarus and Jordan to negotiate tax treaty
Belarusโs President Alexander Lukashenko has authorised the negotiation and signing of an income tax treaty with Jordan on 11 February 2025. The agreement seeks to eliminate double taxation on income and prevent tax evasion between the two
See MoreOman, India sign amending protocol to tax treaty
Oman and India signed an amending protocol their existing tax treaty in Muscat, the announcement was made by Foreign Ministry of Oman on 27 January 2024. The protocol aims to strengthen economic ties and enhance cooperation in the tax sector
See MoreEgypt ratifies new income tax treaty with Oman
Egypt issued Decision No. 320 of 2024 in the Official Gazette, ratifying the income tax treaty with Oman on 16 January 2025. The parliament gave its approval to the final draft of the decree on 7 October 2024. Earlier, the Egyptian Cabinet
See More