India and Korea DTA will become effective from 2017
The India and South Korea double tax avoidance agreement will become effective from January 1,
See MoreProtocol to a treaty between India and Singapore signed
The Indian Government signed its new DTA Protocol with Singapore and entered into force on October
See MoreUS: US signed FATCA agreement with Saudi Arabia
Saudi Arabia and the United States signed a Foreign Account Tax Compliance Act (FATCA) Agreement, 15 November 2016. Details of agreement will be reported
See MoreFinland: Government submitted a bill to parliament for ratification of Finland- Sri Lanka DTA (2016)
The Finnish government submitted a bill to parliament on 10 November 2016 for ratification of the Finland- Sri Lanka Income Tax Treaty (2016), signed on 6 October 2016 in Colombo. The new treaty will be replaced by the existing Income and Capital
See MoreFinland and Portugal signed an income tax treaty
Finland has signed an income tax treaty with Portugal for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income. The treaty was signed on 7 November 2016 in Brussels. The new treaty will be replaced by
See MoreDTA between Chile and China (People’s Rep.) enters into force
The Income Tax Treaty (2015) between Chile and People's Republic of China has been entered into force on 8th August 2016 and it generally applies from 1st January
See MoreUS: US signed FATCA agreement with Antigua and Barbuda
Antigua and Barbuda and the United States signed a Foreign Account Tax Compliance Act (FATCA) Agreement, 7 November 2016. Details of agreement will be reported subsequently. Under the agreement, Foreign Financial Institutions (FFIs) in Antigua and
See MoreUS: FATCA agreement between US and St. Lucia entered into force
Foreign Account Tax Compliance Act (FATCA) agreement between US and St. Lucia has been entered into force on 1 September, 2016. The agreement was signed on 19 November 2015 to improve international tax compliance with respect to the US Foreign
See MoreUS: FATCA agreement between US and Panama entered into force
Foreign Account Tax Compliance Act (FATCA) agreement between US and Panama has been entered into force on 25 October, 2016. The agreement was signed on 27 April, 2016 with the aim of exchange of information related to
See MoreUK: Details of double tax agreement with Colombia
Details are available of the double tax agreement between the UK and Colombia signed on 2 November 2016. The treaty generally conforms to the provisions of the OECD Model Tax Convention but the following should be noted: Permanent establishment A
See MoreUK: Double tax agreement with Lesotho
The UK signed a double tax agreement with Lesotho on 3 November 2016. When it goes into effect it will replace the current agreement signed in 1997. The agreement generally follows the provisions of the OECD Model Tax Convention but the following
See MoreLatvia and Switzerland sign a protocol to amend their existing DTA
Latvia signed a protocol with Switzerland to amend their tax treaty on 2 November 2016. The Protocol updates the 2002 treaty to introduce an administrative assistance clause allowing information to be exchanged between the two countries on request,
See MoreFinland: Government submitted a bill to parliament for ratification of Finland- Turkmenistan DTA (2015)
The Finnish government submitted a bill to parliament on 20 October 2016 for ratification of the Finland - Turkmenistan Income Tax Treaty (2015), signed on 12 December 2015 in Ashgabat. Details of the treaty will be reported
See MoreUK: Double tax agreement with Colombia
On 2 November 2016 the UK and Colombia signed a double taxation agreement, during a state visit to the UK by the President of Colombia. The signing of the agreement is based on a shared commitment to increasing trade and investment between the two
See MoreTIEA between Chile and Jersey approved by Jersey
The Exchange of Information Agreement (2016) between Chile and Jersey has been approved by Jersey's States Assembly on 11th October
See MoreDTA between Argentina and Chile enters into force
The Income and Capital Tax Treaty (2015) between Argentina and Chile has been entered into force on 11th October 2016 and the treaty generally applies from 1st January 2017 in Argentina for withholding and other taxes and 1st January 2010 in Chile
See MoreItaly: Resolution publishes regarding interest on medium or long-term loans
The Italian Tax Authorities issued Resolution No. 84/E on 29 September 2016, providing clarifications on the tax treatment of qualifying interest on medium or long-term loans, following the amendments introduced by Law Decree No. 91 of 24 June
See MoreEgypt: Parliament approves draft law on tax disputes resolution
The parliament approved a draft law on tax disputes resolution on 30 August 2016. The purpose of the law is to streamline the settlement of pending tax cases. The law covers ongoing tax disputes related to all types of taxes, including individual
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