Panama approves TIEA with Japan

25 January, 2017

On 23 January 2017, the National Assembly of Panama approved the Tax Information Exchange Agreement (TIEA) with Japan. Furthermore, On August 25, the Government of Japan and the Government of the Republic of Panama signed the Exchange of Information

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Panama approves DTA with Vietnam

25 January, 2017

On 23 January 2017, the National Assembly of Panama approved the double tax agreement (DTA) with Vietnam for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on

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TIEA between Argentina and UAE enters into force

25 January, 2017

The Exchange of Information Agreement regarding tax matters (TIEA) of 2016 between Argentina and United Arab Emirates has been entered into force on 17th January 2017 and it also effects from 17th January

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Protocol to treaty between Armenia and Belarus enters into force

25 January, 2017

The amending protocol to a treaty between Armenia and Belarus has entered into force on 26 December 2016. It was signed on 19 May 2016 for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income. The

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TIEA between Switzerland and Iceland enters into force

25 January, 2017

The tax exchange of information agreement (TIEA) between Iceland and Switzerland has been entered into force on 1 January 2017 through an exchange of notes (EoN). It applies from the same date of its entry into force. The agreement was signed on 26

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TIEA between Switzerland and Norway enters into force

25 January, 2017

The tax exchange of information agreement (TIEA) between Norway and Switzerland has been entered into force on 1 January 2017 through an exchange of notes (EoN). It applies from the same date of its entry into force. The agreement was signed on 26

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Belgium ratifies TIEA with Aruba

24 January, 2017

On 12 January 2017, Belgium ratified the Tax Information Exchange Agreement (TIEA) with Aruba. This Agreement provides for the effective exchange of information regarding tax matters between the tax authorities including automatic exchange of

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UAE ratifies TIEA with Colombia

24 January, 2017

On 15 January 2017, the United Arab Emirates (UAE) ratified the Tax Information Exchange Agreement (TIEA) with Colombia by way of Decree 227-2016. Furthermore, this Agreement provides for the effective exchange of information regarding tax matters

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Malaysia: IRBM issues rules on automatic exchange of financial account information

24 January, 2017

Inland Revenue Board of Malaysia (IRBM) issued rules on automatic exchange of financial account information on 23 December 2016. The several legislations were introduced on that date including the Income Tax (Multilateral Competent Authority

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Algeria ratifies FATCA agreement with United States

24 January, 2017

Algeria has ratified an intergovernmental agreement signed on October 2015 with the United States by way of Presidential Decree No. 16-328, as published in Official Gazette No. 74 of 18 December 2016. The US-Algeria IGA is based on the

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TIEA between Finland and UAE ratified

24 January, 2017

The Exchange of Information Agreement of 2016 regarding tax matters (TIEA) between Finland and United Arab Emirates (UAE) has been ratified on 15th January 2017 by United Arab Emirates. The treaty has been ratified by the way of Decree No.

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Iran ratifies the income tax treaty with Cyprus

24 January, 2017

The President of Iran signed a law, on 3 January 2017, ratifying the Cyprus - Iran Income Tax Treaty (2015). The treaty was signed on 4 August 2015. The DTT is based on the OECD Model Tax Convention on Income and on Capital of 2010 (the “OECD

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TIEA through EoN between Jersey and Switzerland enters into force

24 January, 2017

The Exchange of Information Agreement regarding tax matters (TIEA) between Jersey and Switzerland has been entered into force on 1st January 2017 by an Exchange of Notes (EoN). It was signed on 26th October 2016 by Switzerland and on 1st November

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TIEA between Switzerland and Guernsey enters into force

24 January, 2017

The tax exchange of information agreement (TIEA) between Guernsey and Switzerland has been entered into force on 1 January 2017 through an exchange of notes (EoN). It applies from the same date of its entry into force. The agreement was signed on 26

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DTA between Italy and Chile entered into force

23 January, 2017

The Income and Capital Tax Treaty between Italy and Chile of 2015 entered into force on 20 December 2016. The provisions of the treaty are applicable from 1 January

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DTA between UK and Turkmenistan enters into force

23 January, 2017

On 19 December 2016, the double tax agreement (DTA) between Turkmenistan and United Kingdom was entered into force. The treaty was applied from 1 January 2017 and from this date the new treaty was replaced the existing DTA of

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DTA protocol between Brazil and Canada confirm WHT rate on technical services

23 January, 2017

A Private Ruling 5/2017 (Solução de Consulta 5/2017) has been published in the Official Gazette on 18th January 2016. This ruling confirms that payments made by Brazilian sources to individual or companies resident in Canada for technical

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UAE ratified TIEA with Norway

23 January, 2017

The tax information exchange agreement (TIEA) between Norway and the United Arab Emirates has been ratified by the United Arab Emirates on 15 January 2017 according to the Decree No.

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