Social security agreement signed between Finland and South Korea

10 September, 2015

Finland and Korea (Rep.) signed a social security agreement on 9 September 2015, in Seoul. The agreement mainly focuses on pensions and unemployment insurance and includes regulations regarding the so-called posted employees. Under the agreement,

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Cyprus-Ukraine initial protocol to treaty

10 September, 2015

The governments of Cyprus and Ukraine initialed an amending protocol regarding the Cyprus - Ukraine Income Tax Treaty (2012) on 2 July 2015. A press release was published by the government of Cyprus in this regard on 8 September

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Peru: Proposal for CGT exemption for certain transfers of shares

09 September, 2015

The President presented to the Peruvian Congress on 24 August 2015 a bill proposing temporary tax exemptions from capital gains tax arising from the transfer of shares carried out through the Lima Stock Exchange. To obtain the exemption certain

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Chile and Uruguay: TIEAs approved by Uruguay

04 September, 2015

The Exchange of Information Agreement (TIEA; 2014) between Chile and Uruguay has been approved by the Senate of Uruguay on 1st September 2015 and it still needs to be enacted by the President and then ratified by

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Chile and United States: DTA approved by Chilean Senate

04 September, 2015

The Income and Capital Tax Treaty (2010) between Chile and United States has been approved on 1st September 2015 by the Chilean

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Chile and Austria: DTA approved by Chilean Senate

04 September, 2015

The Income and Capital Tax Treaty (2012) between Chile and Austria has been approved by the Chilean Senate on 1st September

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DTA between Bulgaria and United Kingdom approved by Bulgaria

04 September, 2015

The Income tax Treaty (DTA; 2015) between Bulgaria and United Kingdom has been approved on 10th July 2015 by the Bulgarian Council of Ministers. After it is in force and effective, this new treaty will replace the previous Income Tax Treaty

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Ghana: Treaty with Denmark boost Denmark’s investment in Ghana

30 August, 2015

Statistics from the Ghana Investment Promotion Centre (GIPC) reveal that direct investment from Denmark to Ghana in early 2014 amounted to over US$57.6million. The Finance Committee Report of Parliament also indicated that imports from Denmark to

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DTA between Kazakhstan and Serbia signed

28 August, 2015

An Income and Capital Tax Treaty between Kazakhstan and Serbia has been signed on 28th August

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TIEA between Bulgaria and Guernsey approved by Bulgaria

28 August, 2015

The Tax Exchange of Information Agreement (TIEA; 2015) between Bulgaria and Guernsey was approved on 26th August 2015 by the Bulgarian Council of

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Ukraine-Ireland income tax treaty enters into force

27 August, 2015

The income tax treaty between Ukraine and Ireland entered into force on 17 August 2015. The treaty was signed on 19th April 2013. The treaty generally applies from 1 January

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Hong Kong-Italy income tax treaty enters into force

16 August, 2015

The income tax treaty between Hong Kong SAR and Italy entered into force on 10 August 2015. The treaty was signed on 14 January 2013. The agreement generally applies from 1 January 2016 for Italy and from 1 April 2016 for Hong

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Treaty between Argentina and Chile – Chilean guidelines issued on treatment of shipping companies following termination of treaty

15 August, 2015

The tax authority of Chile issued Order No. 1757(the Order) on 6 July 2015 according to which Chilean  shipping companies are obliged to pay income tax under the provisions of article 59 of the Income Tax Law whenever operating with Argentina. Also

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DTA between Czech Republic and Senegal initialed

14 August, 2015

After completing a successful 3rd round of negotiations held in Prague, the Income Tax Treaty between Czech Republic and Senegal has been initialed on 13th August 2015. Further details of the treaty will be reported

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Cyprus and Iran sign Income Tax Treaty

06 August, 2015

The Republic of Cyprus and the Government of Iran signed an Income Tax Treaty on August 4, 2015 for the Avoidance of Double Taxation. The treaty will come into force after the two countries exchange ratification instruments. Under the treaty, the

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Romania: Government approved the FATCA agreement with US

02 August, 2015

The Government approved the draft law for the ratification of the Agreement between Romania and the United States to improve international tax compliance and implementation of FATCA on 10 June 2015. The agreement was signed in Bucharest on 28 May

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Italy and Turkey: Social Security Agreement comes into effect

31 July, 2015

The Social Security Agreement between Italy and Turkey will come into force on 1st August 2015. The agreement was signed in 2012. According to new provisions in the agreement, employees allotted between Italy and Turkey may stay in their home

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Turkey-United States FATCA agreement signed

31 July, 2015

The FATCA agreement (2015) between Turkey and United States has been signed on 29th July 2015. Details of the agreement will be reported

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