TIEA between Switzerland and Brazil approved

22 December, 2016

The tax information exchange agreement (TIEA) between Switzerland and Brazil has been approved by the Swiss parliament on 16 December 2016. The agreement was signed on November 23 2015. This TIEA contains tax-related information on request

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UAE ratified income tax treaty with Andorra

21 December, 2016

The United Arab Emirates (UAE) have ratified the income tax treaty with Andorra that was signed on 28 July 2015. The federal decree 166/2016 ratifying the treaty was issued by the president of the United Arab Emirates and was published in a recent

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Guernsey, United Kingdom amending protocol enters into force

20 December, 2016

On 6 December 2016, the amending protocol and exchange of letters of income tax treaty between Guernsey and United Kingdom entered into force that was signed on 9 March 2016 by Guernsey and on 29 February 2016 by the United

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DTA between Chile and Japan approved

20 December, 2016

The Income Tax Agreement (2016) between Chile and Japan has been approved by the Chilean Senate on 14th December 2016 due to avoid double

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DTA between Chile and Italy approved

20 December, 2016

The Income Tax Treaty (2015) between Chile and Italy has been approved by the Chilean Senate on 14th December 2016 for the avoidance of double

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DTA between Chile and Czech Republic approved

20 December, 2016

An Income and Capital Tax Treaty (2015) between Chile and Czech Republic has been approved by Chilean Senate on 14th December 2016 for the avoidance of double

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Malta, Singapore sign automatic exchange of information agreement

19 December, 2016

On 15 December 2016, the Malta and Singapore signed the Competent Authority Agreement on Automatic Exchange of

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China and Pakistan signed third protocol

19 December, 2016

On 8 December 2016, China and Pakistan signed an amending protocol to the Avoidance of Double Taxation Agreement. Mr. Wang Jun, Commissioner State Administration of Taxation (SAT) China and Mr. Nisar Muhammad, Chairman Federal Board of Revenue (FBR)

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South Africa-Singapore tax treaty (2015) entered into force

19 December, 2016

The Income Tax Treaty between South Africa and Singapore entered into force on 16 December 2016.  The treaty generally applies from 16 December 2016 for tax matters relating to the exchange of information and from 1 January 2017 for withholding and

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Uruguay- DTA with Singapore approved

18 December, 2016

The Parliament of Uruguay accepted the treaty with Singapore for the avoidance of double taxation on 24 November 2016 through Law No. 19,457. The treaty contains a provision on exchange of information which will enter into force within 15 days after

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US-Macau signed FATCA agreement

18 December, 2016

Macau and the United States signed an intergovernmental agreement on 14 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

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TIEA between Isle of Man and Turks and Caicos Islands enters into force

18 December, 2016

On 29 December 2016, the tax information exchange agreement (TIEA) between Isle of Man and Turks and Caicos Islands will enter into force. The agreement will apply from 29 December 2016 for criminal tax matters and from 1 January 2016 for the

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UK ratified DTA with Turkmenistan

18 December, 2016

On 14 December 2016, the United Kingdom ratified the double tax treaty (DTA) with Turkmenistan by way of the Double Taxation Relief and International Tax Enforcement Order 2016, as published in Official Gazette No. 1217 of 14 December 2016. Once in

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Cyprus-India tax treaty entered into force

18 December, 2016

The Income Tax Treaty between Cyprus and India entered into force on 16 December 2016.  The agreement was signed in November 18, 2015. The treaty generally applies from 1 January 2017 for Cyprus and from 1 April 2017 for

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The 16th Round of RCEP Negotiations Held in Tangerang

18 December, 2016

On December 1-10, the 16th Round of Regional Comprehensive Economic Partnership (RCEP) Negotiation was held in Tangerang, Indonesia. Attending were 10 countries of ASEAN, China, Japan, South Korea, Australia, New Zealand, India and the Secretariat

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DTA between Venezuela and Saudi Arabia entered into force

16 December, 2016

An Income Tax Treaty (2015) between Saudi Arabia and Venezuela has been entered into force on 1st December 2016 for the purpose of avoiding double taxation. It generally applies from 1st January 2017. It had been ratified by the National Assembly of

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South Africa-United Arab Emirates tax treaty entered into force

15 December, 2016

The Income Tax Treaty between South Africa and United Arab Emirates entered into force on 23 November 2016. The treaty generally applies from 1 January

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Ecuador and Italy signed an amending protocol of DTA

15 December, 2016

On 13 December 2016, Ecuador and Italy signed an amending protocol to update the existing DTA of 1984 for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on

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