DTA between Chile and Czech Republic approved
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
See MoreMalta, Singapore sign automatic exchange of information agreement
On 15 December 2016, the Malta and Singapore signed the Competent Authority Agreement on Automatic Exchange of
See MoreChina and Pakistan signed third protocol
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)
See MoreSouth Africa-Singapore tax treaty (2015) entered into force
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
See MoreUruguay- DTA with Singapore approved
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
See MoreUS-Macau signed FATCA agreement
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
See MoreTIEA between Isle of Man and Turks and Caicos Islands enters into force
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
See MoreUK ratified DTA with Turkmenistan
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
See MoreCyprus-India tax treaty entered into force
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
See MoreThe 16th Round of RCEP Negotiations Held in Tangerang
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
See MoreDTA between Venezuela and Saudi Arabia entered into force
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
See MoreSouth Africa-United Arab Emirates tax treaty entered into force
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
See MoreEcuador and Italy signed an amending protocol of DTA
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
See MoreChina-Pakistan FTA negotiations held
The 7th Meeting of China-Pakistan free trade agreement (FTA) negotiation (Phrase 2) was held in Islamabad, Pakistan on December 6 to 7. The two sides negotiated on tax reduction model for trade in goods, Pakistan’s tax regulating and further
See MoreCosta Rica and Ecuador: TIEA enters into force
On 17 September 2016, the tax information exchange agreement (TIEA) between Costa Rica and Ecuador entered into force, which requires the parties to exchange information that is relevant for the determination, assessment, collection and execution
See MoreAustralia and New Zealand sign revised Social Security Agreement
On 8 December 2016, Australia and New Zealand signed a revision to the Social Security Agreement by which pensioners who segregates their lives between Australia and New Zealand will face changes from July 2017. The revised agreement provides for
See MoreExchange of letters to DTA between Morocco and Spain entered into force
The exchange of letters to the Morocco - Spain Income and Capital Tax Treaty (1978) has been entered into force on 4th August 2016. The exchange of letters generally applies from 4th August 2016. The Exchange of Notes (EoN) was signed on 11th June
See MoreDTA between Morocco and Zambia initialed
An Income Tax Treaty between Morocco and Zambia has been initialed on 9th December 2016 in Lusaka for avoiding double
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