DTA between Belgium and Uruguay enters into force
On 4 August 2017, the Double Taxation Agreement (DTA) between Belgium and Uruguay was entered into force and it will apply from 1 January 2018. The agreement contains Dividends rate 5% for at least 10% holding; otherwise 15%, Interest rate 12% and
See MoreMoldova ratifies the amending protocol of DTA with Belgium
On 7 July 2017, Moldova ratified the amending protocol of Double Taxation Agreement (DTA) with Belgium, published in the Official Gazette No. 277-288 of 4 August 2017. Once in force and effective, the new treaty will replace the existing DTA of
See MoreNigeria: DTA signed with Singapore
The Finance Minister of Nigeria, Kemi Adeosun and the Minister of State for Trade and Investment of Singapore, Dr Koh Poh Koon, signed an Income and Capital Tax Treaty on August 2, 2017 for the avoidance of double taxation. According to the Finance
See MoreMorocco: Chamber of Representatives approves DTA with Bahrain
On July 24, 2017, the Chamber of Representatives of Morocco approved the Double Taxation Agreement (DTA) with
See MoreSouth Africa-Turkey amending protocol enters into force
The amending protocol to the double tax agreement between South Africa and Turkey entered into force on 15 July 2017, according to a SARS notification published on 28 July 2017. The protocol was signed at Pretoria on 3 March 2005 to amend the
See MoreUAE: DTA with Burundi approved
The Council of Ministers of Burundi, on July 19, 2017, the Tax Agreement with United Arab Emirates (UAE) for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on
See MoreEcuador ratifies DTA with Belarus
On 27 July 2017, according to Decree No. 95, the President of Ecuador ratified the Double Taxation Agreement (DTA) with
See MoreAndorra, UAE DTA enters into force
On 1 August 2017, the Double Taxation Agreement (DTA) between Andorra and United Arab Emirates was entered into force and it will apply from 1 January 2018. The agreement contains 0% Dividends, Interest and Royalties
See MoreChina, Romania DTA enters into force
On 17 June 2017, the Double Taxation Agreement between China and Romania was entered into force and it will apply from 1 January 2018. From this date, the new treaty will replace the existing DTA of 1991. The agreement contains Dividends rate 3%,
See MoreBelgium, Switzerland protocol to DTA enters into force
On 19 July 2017, the amending protocol of Double Taxation Agreement (DTA) between Belgium and Switzerland was entered into force and it will apply from 1 January
See MoreQatar approves ratification of DTA with Brunei
On 27 July 2017, Sheikh Tamim bin Hamad Al Thani, the Qatar’s Emir approved the ratification of Double Taxation Agreement (DTA) with Brunei. The agreement contains 0% Dividends, Interest rate and 5% Royalties
See MoreBrunei and Cambodia sign a DTA
On 27 July 2017, Brunei and Cambodia signed a Double Taxation Agreement (DTA) for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income at the Ministry of Economy and Finance,
See MorePlatform for Collaboration on Tax issues draft toolkit on offshore indirect transfers
On 1 August 2017 the Platform for Collaboration on Tax (PCT) issued a draft toolkit on the tax treatment of offshore indirect transfers. The PCT was set up by the IMF, OECD, UN and World Bank at the request of the G20 group of countries to recommend
See MoreJapan: DTA with Slovenia will enter into force on 23 August 2017
The Japanese Ministry of Finance on 26 July 2017 issued a press release announcing that the double taxation agreement (DTA) between Japan and Slovenia, signed on 10 September 2016, will enter into force on 23 August
See MoreArmenia: DTA with Israel signed
On 25 July 2017, the Minister of Foreign Affairs of Armenia and the Minister of Regional Cooperation of Israel have signed a Double Taxation Agreement (DTA) for the avoidance of double taxation and the prevention of fiscal evasion with respect to
See MoreArgentina: New Regulations ‘General Resolution 4094-E’ enters into force
The Federal Tax Authority (FTA), on July 18, 2017, published the General Resolution 4094-E on the Official Gazette. This Resolution had been introduced into income tax in 2013. The time when the 2013 tax reform abolished the capital gains tax
See MoreSwitzerland’s Federal Council adopts dispatch on revised DTA with Latvia
The Federal Council of Switzerland adopted the dispatch on a revised double taxation agreement (DTA) with Latvia on 28th June 2017 regarding taxes on income and capital. The dispatch was submitted to Parliament for approval. Switzerland and Latvia
See MoreLiechtenstein: Tax Treaty with Monaco Signed
On 28 June 2017 the officials of Liechtenstein and Monaco signed an income tax treaty which is in line with OECD standards on information exchange and transparency. The provisions of the treaty also take into account recommendations of the OECD/G20
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