Ireland and Denmark signed a Protocol

01 August, 2014

On July 22, 2014, Ireland and Denmark signed a Protocol to amend their Double Tax

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Russia: MoF clarified that exemption of interest is accepted upon confirmation

01 August, 2014

On the basis based of Russia-United Kingdom Income Tax Treaty, the Ministry of Finance released Letter No. 03-04-05/24803 issued on  May 23, 2014 regarding the tax treatment of interest paid by a Russian company to an individual resident in UK.

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New Zealand-United States: FATCA agreement enters into force

31 July, 2014

Foreign Account Tax Compliance Act (FATCA) between New Zealand and United States has entered into force on 3 July

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Canada–UK Income Tax Treaty Protocol Amendments

31 July, 2014

Recently, Canada has accepted to amend the Income Tax Treaty protocol with the United Kingdom that was signed July 21, 2014. The Protocol initiates a deadline to introduce transfer pricing assessments and changes the time frame for searching

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Brazil: Desire to complete the Mercosur-Pacific Alliance FTA

30 July, 2014

Brazil desires to complete the free trade agreement (FTA) between the Latin American trade alliance and the Pacific Alliance (which consists of Colombia, Chile, Mexico, and Peru, Mercosur, Argentina, Brazil, Paraguay, Uruguay, and Venezuela) by the

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Poland-Guernsey: Income tax treaty enter into force

30 July, 2014

The income tax treaty of 2013 between Poland and Guernsey will enter into force on 1 October 2014 and it will be applicable form 1 January

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Cyprus and Switzerland Sign bilateral Double Tax Agreement

29 July, 2014

In order to avoid double taxation, Cyprus and Switzerland signed an Income and Capital Tax Treaty on 25 July 2014. The treaty will enter into force after the two countries exchange ratification instruments. Under the treaty, the following

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Bulgaria – Norway DTA signed

28 July, 2014

The Bulgarian Ministry of Finance confirmed that a new Double Taxation Agreement (DTA) have signed between Bulgaria and Norway on July 22,

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Bulgaria-Norway DTT signed

23 July, 2014

The new Income and Capital Tax Treaty between Bulgaria and Norway has signed on July 22, 2014. This new treaty will replace the Bulgaria - Norway Income and Capital Tax Treaty (1988). Details of the new treaty will be reported

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OECD: Released Global Standard for Automatic Exchange of Tax Information

22 July, 2014

Recently, the Organization for Economic Cooperation and Development has released the full version of the OECD’s new standard for the automatic exchange of tax information across different countries. Under the Standard for Automatic Exchange of

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France- Investment Protection Agreement with Colombia

22 July, 2014

The French-Colombian investment protection agreement was signed on 10 July 2014. The agreement will improve bilateral exchange. The agreement is expecting to give protection, clarity and a transparent legal framework for managing any capital

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Canada-UK DTA revises

22 July, 2014

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

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Kenya–Qatar: Approved income tax treaty

21 July, 2014

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

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Russia: Introduce tariffs on Ukrainian products

21 July, 2014

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

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Canada-UK Income Tax Treaty protocol signed

21 July, 2014

The Income Tax Treaty (1978) protocol between Canada and the United Kingdom has signed on July 21, 2014. Details will be reported

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Poland – India DTA enters into force

18 July, 2014

On 1 June 2014, the double taxation agreement between Poland and India has been entered into

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Kenya-Seychelles signed the tax treaty

18 July, 2014

Kenya and Seychelles signed a double taxation agreement on 17 March 2014 which has been approved by the Cabinet of Kenya on 10 July

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Iceland-United Kingdom: Ratified the tax treaty

17 July, 2014

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

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