US- Grenada signed FATCA agreement
Grenada and the United States signed an intergovernmental agreement on 1 December 2016 to improve international tax compliance with respect to the US Foreign Account Tax Compliance Act (FATCA). The details of agreement will be reported
See MoreAndorra approves DTA with Portugal
On 30 November 2016, the general council of Andorra approved the income tax treaty with Portugal for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income. Furthermore, the withholding tax on dividend
See MoreAndorra approves TIEA with Italy
On 1 December 2016, the general council of Andorra approved the exchange of information agreement with
See MoreDTA between Argentina and Mexico approved
The draft law that ratifies the Income and Capital Tax Treaty (2015) between Argentina and Mexico has been approved by the Argentine Chamber of Deputies on 23rd November
See MoreDTA between Morocco and Nigeria initialed
A tax treaty between Morocco and Nigeria has been initialed on 2nd December 2016 in Abuja due to avoid of double
See MoreDTA between Canada and Madagascar signed
The Income Tax Treaty (2016) between Canada and Madagascar has been signed on 24th November 2016 in
See MoreDTA between Austria and Israel signed
A new Tax Treaty between Austria and Israel has been signed on 28th November 2016. Once in force and effective, the new treaty will replace the existing Austria - Israel Income and Capital Tax Treaty
See MoreGuidance from Japan’s tax agency relating to tax agreement with Taiwan
Japan’s national tax agency on 30 November 2016 released guidance with respect to withholding taxes and forms for application of the mutual exemption provisions for income of foreign residents. The Guidance on an amendment to withholding taxes
See MoreDTA between Equatorial Guinea and UAE signed
An Income Tax Treaty between the UAE and Equatorial Guinea has been signed on October 19,
See MoreProtocol to DTA between Belgium and Canada approved
The Belgian parliament has approved the amending protocol of Income and Capital Tax Treaty (2002) between Belgium and Canada on 24th November 2016. It was signed on 1st April 2014 for the avoidance of double taxation and the prevention of fiscal
See MoreBahrain- Egypt: Egyptian parliament approves treaty between Bahrain and Egypt
The Egyptian parliament permitted the Bahrain - Egypt Income Tax Treaty of 2016 on 15 November 2016 and the new treaty will replace the Bahrain - Egypt Income Tax Treaty of
See MoreIndia and Japan amends their Double Tax Agreement
On October 29 an update to India and Japan's double tax agreement entered into force. Further, the agreement has been modified to add internationally accepted standards for the exchange of information in tax matters. It provides that information
See MoreSerbia- Armenia tax treaty entered into force
The Income Tax Treaty (2014) between Serbia and Armenia has been entered into force on 3 November 2016 and it generally applies from 1st January 2017. According to the new treaty the maximum withholding tax rate for dividends, interest and royalties
See MoreChina Proposes FTA with Russia and others
China's Deputy Minister of Commerce has proposed that the member countries of the Shanghai Cooperation Organization (SCO) – China, Kazakhstan, Kyrgyzstan, Russia, Tajikistan, and Uzbekistan should establish a free trade agreement (FTA). At the
See MoreCyprus-Latvia tax treaty entered into force
The agreement between Cyprus and Latvia for the avoidance of double taxation and prevention of fiscal evasion with respect to taxes on income has entered into force. The agreement was signed in May 24, 2016. It came into force on October 27, 2016
See MoreCyprus and India signed an income tax treaty
Cyprus has signed an income tax treaty with India for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income. The treaty was signed on 18 November 2016. The new treaty will be replaced by the existing
See MoreProtocol to a treaty between Germany and Netherlands signed
The amending protocol, to the Germany - Netherlands Income Tax Treaty (2012) signed on 11 January 2016, which will enter into force on 31 December 2016. The protocol was concluded in the Dutch and German languages, each text having equal
See MoreDTA between Ethiopia and Morocco signed
A Tax Treaty between Ethiopia and Morocco has been signed with following a meeting held from 18 to 19 November 2016 in Addis-Ababa for avoiding double
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