France clarifies suspension, termination of tax treaty with Niger
The French General Directorate of Public Finance has published guidance on the termination of the 1995 tax treaty with Niger. According to the guidance, the treaty no longer applies to income acquired on or after June 5 June 2024. The treaty
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Andorra, Slovenia negotiates tax treaty
Representatives from Andorra and Slovenia convened to outline a roadmap for bilateral cooperation, which includes negotiating an income tax treaty. The announcement was made by Andorran government officials on 9 September 2024. A tax treaty is a
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Argentina ratifies income tax treaty with Turkey
Argentina has ratified the pending income tax treaty with Turkey on 9 September 2024. The announcement was made in Law 27754, published in Argentina’s Official Gazette. The Argentina-Turkey tax treaty, signed on 1 December 2018, is the first
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Tax treaty between Sierra Leone and Turkey enter into force
The income tax treaty between Sierra Leone and Turkey officially took effect on 25 March 2024, as confirmed by Presidential Decision No. 8943, which appeared in the Turkish Official Gazette on 7 September 2024. This treaty, signed on 3 November
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France details suspension and termination of tax treaty with Mali
The French General Directorate of Public Finance has provided guidance on the termination of the 1972 tax treaty with Mali. The treaty with Mali, signed on 22 September 1972 in Paris and effective from 1974, will be deemed terminated by France
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Korea (Rep), New Zealand agree to update tax treaty
A joint statement from South Korea's Ministry of Foreign Affairs reveals that officials from New Zealand and South Korea held meetings from 4 to 5 September 2024 in which both parties agreed to continue talks to update the 1981 tax treaty between
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Australia, Slovenia sign tax treaty
The Australian government announced on 9 September 2024 that it signed a new tax treaty with Slovenia. The tax treaty treaty is the first between the two countries and marks a significant milestone in the bilateral relationship. Once in force,
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Norway, Qatar sign amending protocol to tax treaty
On 4 September 2024, Norway and Qatar signed an amending protocol to the 2009 Norway—Qatar Income Tax Treaty. This tax treaty aims to prevent double taxation and avoid fiscal evasion regarding taxes on income between the two countries. The
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US, Croatia tax treaty likely by 2025, says US ambassador to Croatia
At a recent seminar on Croatian companies entering the US market, the US Ambassador to Croatia, Nathalie Rayes, announced that the anticipated tax treaty between Croatia and the US could be ratified within 2025. “More than a hundred American
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Latvia considering signing tax treaty with Indonesia
Latvia's Ministry of Foreign Affairs issued a release expressing its interest in signing an income tax treaty with Indonesia. Officials from Latvia and Indonesia met on 5 September 2024, during which both parties discussed bilateral
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Russia approves income tax treaties with Abkhazia and Malaysia
The Russian government approved draft laws for the ratification of pending income tax treaties with Abkhazia and Malaysia on 4 September 2024. Previously, Russia and Abkhazia took a step towards economic cooperation by signing an income tax
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Austria approves negotiation of income tax treaty with Libya
The Austrian Council of Ministers has approved the negotiation of an income tax treaty with Libya on 4 September 2024. A tax treaty is a bilateral agreement between two countries designed to address double taxation on both passive and active
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Lithuania, Taiwan sign income tax treaty
On 3 September 2024, Lithuania's Ministry of Economy and Innovation announced the signing of an income tax treaty with Taiwan, which occurred in August. This treaty marks the first formal agreement of its kind between Lithuania and Taiwan, aimed at
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Bermuda and New Zealand activate first tax information exchange agreement
As per recent reports, Bermuda and New Zealand have officially activated their first-ever tax information exchange agreement, which came into effect on 15 December 2017. Initially signed on 16 April 2009, the agreement covers all relevant tax
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Sri Lanka to sign first income tax treaty with Austria
At a press briefing on Cabinet decisions from 2 September 2024, Sri Lanka's Cabinet announced its approval for signing an income tax treaty with Austria. According to the convention, Sri Lanka will be taxed at a rate not exceeding 10% of the
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Argentina, Vietnam negotiating income tax treaty
Argentina and Vietnam have initiated negotiations for an income tax treaty, according to various reports. The aim of establishing a double tax treaty is to eliminate double taxation and avoid tax evasion between the two countries. Both nations
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New Zealand, Austria tax treaty protocol now in effect
The amending protocol to the 2006 income and capital tax treaty between Austria and New Zealand was enacted on 29 August 2024. Signed on 12 September 2023, this protocol represents the first amendment to the treaty. The main changes are as
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Albania updates double taxation treaty rules
Albania's Ministry of Finance has announced Instruction No. 11 of 23 July 2024, published in the Official Gazette No. 133/2024. The new instructions came into force on 2 August 2024. The guidance introduces revised compliance procedures for
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