Costa Rica, Switzerland to restart tax treaty talks
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
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
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
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
See MoreSwitzerland, Hungary sign protocol to update double taxation agreement
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
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
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
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
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
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
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
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),
See MoreSwitzerland enacts new tax treaty amendment with France
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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Austria issues decree responding to Belarus suspension of tax treaty provisions
Austria's Federal Ministry of Finance issued Decree No. 2024-0.459.298 in response to Belarus' decision to suspend certain articles of the Austria-Belarus Income and Capital Tax Treaty on 27 June, 2024. The decree addresses Belarus' unilateral
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Panama regulates mutual agreement procedures for double tax treaties
Panama’s tax authority (Dirección General de Ingresos, DGI) published Resolution 201-3777 of 7 June 2024 in the Official Gazette on 24 June 2024. This Resolution sets forth procedural guidelines for taxpayers to access the Mutual Agreement
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Cyprus, Vietnam to resume tax treaty talks
According to Vietnam’s government press release on 21 June 2024, Cyprus and Vietnam officials convened and expressed their interest in continuing negotiations for an income tax treaty. Both countries agree that avoiding double taxation will
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Netherlands, Kyrgyzstan ratify pending tax treaty
Kyrgyzstan announced that it ratified the pending income tax treaty with the Netherlands on 28 June, 2024. The new tax treaty, which will be the first between the Netherlands and Kyrgyzstan, aims to eliminate double taxation on income and prevent
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France approves pending tax treaty protocol with Switzerland
The French Council of Ministers approved the pending protocol with Switzerland, amending the 1966 income and capital tax treaty, on 26 June 2024. Previously, the Swiss Council of States (the upper house of parliament) announced that it ratified
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