Canada-UK DTA revises
The Double Tax Agreement (DTA) protocol between Canada and the UK has signed on July 21, 2014 that amends its withholding tax and information exchange provisions. This contains a release from withholding tax for payments of interest made subject to
See MoreKenya–Qatar: Approved income tax treaty
The income tax treaty between Kenya and Qatar signed on 23 April 2014, which has been approved by the Cabinet of Qatar on 16 July
See MoreRussia: Introduce tariffs on Ukrainian products
On the basis of provisions place out by the Vienna Convention on international treaties, Russia is looking for chances to initiate protection measures in its trade relations with Ukraine. Ukraine has signed the economic part of the Ukraine-European
See MoreCanada-UK Income Tax Treaty protocol signed
The Income Tax Treaty (1978) protocol between Canada and the United Kingdom has signed on July 21, 2014. Details will be reported
See MorePoland – India DTA enters into force
On 1 June 2014, the double taxation agreement between Poland and India has been entered into
See MoreKenya-Seychelles signed the tax treaty
Kenya and Seychelles signed a double taxation agreement on 17 March 2014 which has been approved by the Cabinet of Kenya on 10 July
See MoreIceland-United Kingdom: Ratified the tax treaty
The income tax treaty between Iceland and United Kingdom (2013) was ratified, (Double taxation relief and International Tax Enforcement of Iceland) by United Kingdom on 16 July 2014.After sanctioned by United Kingdom this new treaty will replace the
See MorePoland-Slovak Republic DTT protocol enters into force
The Poland - Slovak Republic Income and Capital Tax Treaty (1994) protocol will enter into force on August 1, 2014 and it generally applies from January 1,
See MoreSwitzerland-Kazakhstan: Revised tax treaty agreements
By exchange of letters on 9 July 2014, Kazakhstan and Switzerland signed an, extended Income and Capital Tax Treaty which was amended the treaty between Kazakhstan and Switzerland Double Tax Treaty of 1999, by the 2010
See MoreCyprus signs the OECD Convention on Mutual Administrative Assistance in Tax Matters
Cyprus signed the CoE-OECD Convention on Mutual Administrative Assistance in Tax Matters and its Protocol on 10 July 2014. The Convention was developed jointly by the OECD and the Council of Europe in 1988 and amended by Protocol in 2010. The
See MoreFrance-Ratification of FATCA pact with the United States
The French Minister of Foreign Affairs has presented a draft bill to ratify the intergovernmental agreement (IGA) between France and the United Sates to apply the Foreign Account Tax Compliance Act (FATCA). The agreement provides a framework
See MoreCzech Republic-Kyrgyzstan Income Tax Treaty signing authorizations
The Government of the Czech Republic has authorized the signing of the initialed income tax treaty between the Czech Republic and Kyrgyzstan on July 14, 2014. Details of the treaty will be reported
See MoreVietnam-Turkey DTA signed
The Double Taxation Agreement (DTA) between Vietnam and Turkey has signed during four days of meetings concluding on July 9,
See MoreUruguay- TIEA with Canada entered into force
Canada and Uruguay signed a tax information exchange agreement on 5 February 2013. The agreement entered into force on 27 June 2014. The agreement will apply to all taxes imposed or managed by governments of both countries. In relation to all
See MoreArgentina-Signed TIEA with Armenia
Argentina and Armenia signed a tax information exchange agreement (TIEA) on 7 July 2014. The TIEA provides bilateral assistance by the exchange of information related to determination, assessment and collection of taxes, and the recovery and
See MoreRussia – The Central Bank issued FATCA guidance
The Central Bank of Russia has issued Bulletin No. 64 (1542) on July 10, 2014 regarding the rules for implementing the FATCA legislation. Central Bank’s guidance is given below: “Punitive withholding” within the Russian territory is not
See MoreFTA negotiation commences between Hong Kong and ASEAN
The first round of the proposed free trade agreement (FTA) between Hong Kong and the Association of Southeast Asian Nations (ASEAN) was held on July 10 and 11. The major area covered in the negotiation include the elimination or reduction of
See MoreAustralia and Japan signed an agreement to promote economic relations
Australia and Japan signed an agreement to promote economic relations (EPA), in Canberra on 8 July 2014. The Australian Department of Foreign Affairs and Trade said that, “this is the most liberalizing bilateral trade agreement and if it is fully
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