Belarus, China sign FTA
Belarus and China have signed a free trade agreement – strengthening cooperation in a range of sectors including trade, security, energy and finance, in services and investments – on 22 August 2024. China is Belarus's second-largest trading
See MoreTurkey, Zimbabwe conclude second round tax treaty negotiations
Turkey and Zimbabwe concluded a second round of negotiations for a Double Taxation Avoidance Agreement at Ankara from 19 to 22 August 2024. The announcement was made by Turkey's Revenue Administration on 22 August 2024. The negotiations were
See MoreDenmark, Greenland sign amending protocol to tax treaty
Denmark and Greenland have signed an amending protocol to update the Denmark-Greenland Income Tax and Mutual Assistance Treaty (1979). The announcement was made by the Danish Ministry of Taxation on 20 August 2024 The new protocol incorporates
See MoreGuatemala, Ukraine to continue FTA negotiations
Ukraine's Ministry of Economy announced that Guatemala and Ukraine will continue negotiations for a free trade agreement (FTA) and deepening bilateral economic cooperation on 17 August 2024. This was agreed upon in a meeting in the Dominican
See MoreGreece, Moldova to negotiate tax treaty amendment
Moldova has authorised the negotiation of an amending protocol to the 2004 income and property tax treaty with Greece on Thursday, 22 August 2024. The authorisation – Decree No. 1591-IX of 16 August 2024 – was published in the Official
See MoreThailand to negotiate tax treaty with Kazakhstan
Officials from Thailand and Kazakhstan met to discuss bilateral cooperation, including the interest of Thailand's Revenue Department in reviving discussions for the negotiation of an income tax treaty, on 15 August 2024. According to the
See MoreCuracao, Malta tax treaty enters into force in September ’24
The income tax treaty between Curacao and Malta will enter into force on Sunday, 1 September 2024. The treaty will apply from 1 January 2025. Malta utilises the credit method to eliminate double taxation. Curacao can employ either the
See MoreCzech Republic approves tax treaty with Tanzania
The Czech government has authorised the signing of an income tax treaty with Tanzania on 21 August 2024. This income tax treaty aims to eliminate double taxation concerning taxes on income or concerning taxes on income and capital in force
See MoreSlovak Republic approves tax treaty amendment with Moldova
The Slovak Republic government approved signing an amendment to the 2003 tax treaty with Moldova on 21 August 2024. The tax treaty between the Slovak Republic and Moldova was intended to prevent double taxation and tax evasion in the field of
See MoreSwitzerland approves tax treaty with Jordan
During a meeting, the Swiss Federal Council approved a double taxation agreement (DTA) with Jordan on 21 August 2024. The agreement will create legal certainty and favourable conditions for the further development of bilateral economic relations
See MoreNetherlands approves tax treaty protocol with Moldova
Netherlands’ Council of Ministers ratified the protocol amending the 2000 income tax treaty with Moldova. Signed on 4 September 2023, this is the first amendment to the tax treaty. This income tax treaty between the Netherlands and Moldova
See MoreUAE, Eswatini negotiate tax treaty
Eswatini (formerly Swaziland) announced on Tuesday, 20 August 2024, that it had initiated talks with the United Arab Emirates for an income and capital tax treaty. Ministers Pholile Shakantu, Neal Rijkenberg, and Manqoba Khumalo have met with UAE
See MoreUS: Senate fails to pass Taiwan double-tax relief bill
The US Senate failed to pass the legislation (H.R. 7024) featuring the US-Taiwan Expedited Double-Tax Relief Act on 1 August 2024. This legislation, known as the Tax Relief for American Families and Workers Act of 2024, aims to establish tax
See MoreTurkey approves free trade agreement with Ukraine
Turkey has approved the free trade agreement with Ukraine, according to the country's official gazette No. 32620 on 2 August 2024. The agreement was signed on 3 February 2022 and was later approved by President Recep Tayyip Erdogan, along with
See MoreRomania suspends tax treaty with Russia
Romania’s government passed a memorandum to suspend the 1993 income and capital tax treaty with Russia on 14 August, 2024. This decision follows after the Russian Ministry of Foreign Affairs, in a press release on 15 March 2023, declared to
See MoreMorocco, Chad sign income tax treaty
Morocco and Chad have signed an income tax treaty on 14 August, 2024. This agreement is the first between the two nations. The tax treaty was signed by Minister of Foreign Affairs, African Cooperation and Moroccan Expatriates, Nasser Bourita, and
See MorePanama, Brazil negotiate income tax treaty
Panama's Ministry of Economy and Finance, in a release, stated that officials from Panama and Brazil convened, on 12 August 2024, to discuss the negotiation of an income tax treaty. Panama’s General of Revenue, Camilo Valdés Mora, and the
See MoreUruguay approves tax information exchange agreement with the US
Uruguay's Chamber of Senators approved a tax information exchange agreement with the US on 7 August 2024. Signed on 24 October 2023, this marks the first agreement of its kind between the two nations. It aims to enhance cooperation in tax matters
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