Ruling on Taxes within DTAs Provided in South Africa
The Legal and Policy Division of the South African Revenue Service (SARS) has issued a Binding General Ruling (BGR) on income taxes, or substantially similar taxes, following the double tax agreements (DTAs) of South Africa. According to this BGR
See MoreAn attempt of rapprochement on tax between Italy and Switzerland
To unblock the stalled negotiations for a double taxation agreement (DTA) between Italy and Switzerland, an attempt has been made, during a meeting organised by the Italian Senate’s Foreign Affairs Committee. In fact, there has been a
See MoreIndia-Uruguay: Signed DTA
The Government of India has signed an agreement with Uruguay for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income and on capital (DTA). According to the DTA the business profits will be taxable in
See MoreDouble Taxation Convention Signed between UK and Hungary
A new and comprehensive Double Taxation Convention was signed between the UK and the Republic of Hungary in Budapest on the 7 September 2011. The convention replaces the 1977 agreement by the general OECD Model Double Taxation Convention. The latest
See MoreIndia signs DTA with Georgia
The Indian government has signed an agreement for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income and on capital (DTA) with the government of Georgia. The DTA ensures that business profits will
See MoreLuxembourg and Hong Kong DTA Protocol Enters Into Force
On 26 August 2011 the Hong Kong government announced the coming into effect of the Protocol to the bilateral agreement for the avoidance of double taxation with Luxembourg signed in November 2010. The Protocol had been ratified by Hong Kong on July
See MoreTIEA between Guernsey and China entered into force
The tax information exchange agreement (TIEA) between Guernsey and the People’s Republic of China entered into force on August 17, 2011. Incorporating the internationally-agreed Organization for Economic Cooperation and Development (OECD) standard
See MoreTurkey and Malta sign new double taxation treaty
On 14 July 2011, the governments of Malta and Turkey signed a new income tax treaty for the avoidance of double taxation. The treaty will enter into force once both countries complete the exchange of ratification procedures, and its provisions will
See MoreUK-Belize Tax Information Exchange Agreement entered into force
From the 1 August 2011, a Tax Information Exchange Agreement between the UK and Belize entered into force. The agreement was signed in London on 25 March
See MoreDTA between India and Lithuania
In order to avoid the double taxation and prevention of fiscal evasion, an agreement and protocol has been announced by the Indian government with Lithuania with respect to taxes on income and capital. This is the first double tax agreement to be
See MoreUAE and Kenya Sign DTA
On 7 July 2011 it was reported that the United Arab Emirates Ministry of Finance has announced the signing of an agreement with the Republic of Kenya on the avoidance of double taxation on
See MoreFTA with Peru has been approved by the South Korean Parliament
South Korea’s National Assembly has ratified the bilateral free trade agreement (FTA) between South Korea and Peru after previously being passed by the foreign affairs and trade committee. It was signed on March 21 in Seoul. Except for a few
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