FATCA Agreement Signed between United States and Romania

28 May, 2015

Romania and the United States have signed a Foreign Account Tax Compliance Act (FATCA) agreement on 28 May 2015. This is a Model 1 Agreement. Under this reciprocal agreement, Romania will report the information required under FATCA about U.S.

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DTA between UAE and Romania signed

06 May, 2015

The Income Tax Treaty between United Arab Emirates and Romania has been signed on 5th May 2015. When in force and effective the new treaty will replace the Romania and United Arab Emirates Income and Capital Tax Treaty

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Tax agreement between Canada and Taiwan initialed

04 May, 2015

The Tax Agreement between Canada and Taiwan has been initialed on 1st May

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Spain: Council of Ministers approves Spain-Andorra income tax treaty

03 May, 2015

The Spanish Council of Ministers approved the the Andorra-Spain Income Tax Treaty (2015) on 30 April 2015. The treaty was signed on 8 January

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DTA between Oman and Portugal signed

30 April, 2015

On 27 April 2015 Oman and Portugal signed an income tax treaty for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income. No further details are currently

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DTA between Czech Republic and Iran signed

30 April, 2015

The Income Tax Treaty between Czech Republic and Iran has been signed on 30th April 2015. Future information of the treaty will be reported

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Romania signs protocol with Italy to amend DTA

30 April, 2015

The amending protocol to the Income and Capital Tax Treaty (1977) between Romania and Italy was signed on April 25,

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Romania and Norway sign income tax treaty

30 April, 2015

A convention between Romania and the Kingdom of Norway was signed on 27 April, 2015, for the elimination of double taxation and the prevention of income tax evasion. The new treaty will replace the Norway - Romania Income and Capital Tax Treaty

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Peru: Amendments to income tax regulations related to financial derivatives and tax basis on indirect transfers of Peruvian shares

29 April, 2015

In Peru changes have been made to the income tax regulations regarding financial derivatives and the tax basis on indirect transfers of Peruvian shares through Supreme Decree No. 088-2015-EF on 18 April 2015. The changes became effective as from 19

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FATCA agreement between Netherlands and United States entered into force

28 April, 2015

The Foreign Account Tax Compliance Act (FATCA) Model 1A Agreement between Netherlands and United States entered into force on 9 April

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Uzbekistan and the United States signed a Foreign Account Tax Compliance Act (FATCA) Agreement

27 April, 2015

Uzbekistan and the United States signed a Foreign Account Tax Compliance Act (FATCA) Agreement on 3 April 2015. More specifically, Uzbekistan and the United States signed a Model 1 Agreement. Under this agreement, FFIs in Uzbekistan will report the

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US Double Taxation Agreement Protocol with Mexico Entered into Force

27 April, 2015

The Protocol amending Mexico's DTA with the United States has entered into force on April 16,

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DTA between Ireland and Zambia signed

24 April, 2015

The income tax treaty between Ireland and Zambia was signed for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income in Lusaka on 31 March 2015. Once in force and effective, the new treaty will

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DTA between Ireland and Pakistan signed

24 April, 2015

The Income Tax Treaty between Ireland and Pakistan was signed for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income in Dublin on 16 April 2015. Once in force and effective, the new treaty will

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Treaty between Austria and Romania: Romanian Ministry of Finance Clarifies Taxation of Interest

24 April, 2015

The Romanian Ministry of Finance (MoF) issued Circular No. 674003 on 20 January 2015, expounding the taxation of interest payments under the Austria-Romania Income and Capital Tax Treaty. Main Changes are: According to article 11, paragraph 2 of

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Negotiations to DTA between Colombia and Panama

23 April, 2015

The first round of negotiations for a tax treaty between Colombia and Panama is started on 20 April 2015 in Panama City for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on

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Finland: Tax authority released guidance on FATCA agreement with US

23 April, 2015

The Finish tax administration published a guidance named A57/200/2015 on 15 April, 2015 regarding the application of the Finland– United States FATCA Model 1A Agreement (2014), which entered into force on 20 February 2015.  According to guidance

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DTA between Chile and China (People’s Rep.) initialed

23 April, 2015

The Income Tax Treaty between Chile and China (People's Rep.) has been initialed on 21st April 2015 and is being expected to be signed in May

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