Philippines, Cambodia signs income tax treaty
The Philippines and Cambodia have signed their first income tax treaty on 11 February 2025. The treaty will take effect once ratification instruments are exchanged. The income tax treaty aims to alleviate the burden of double taxation for
See MoreBelarus and Jordan to negotiate tax treaty
Belarusโs President Alexander Lukashenko has authorised the negotiation and signing of an income tax treaty with Jordan on 11 February 2025. The agreement seeks to eliminate double taxation on income and prevent tax evasion between the two
See MoreOman, India sign amending protocol to tax treaty
Oman and India signed an amending protocol their existing tax treaty in Muscat, the announcement was made by Foreign Ministry of Oman on 27 January 2024. The protocol aims to strengthen economic ties and enhance cooperation in the tax sector
See MoreEgypt ratifies new income tax treaty with Oman
Egypt issued Decision No. 320 of 2024 in the Official Gazette, ratifying the income tax treaty with Oman on 16 January 2025. The parliament gave its approval to the final draft of the decree on 7 October 2024. Earlier, the Egyptian Cabinet
See MoreUAE: Cabinet approves protocol to 2011 tax treaty with Switzerland
The UAE Cabinet of Ministers approved the protocol to the 2011 tax treaty with Switzerland on 2 January 2025. Switzerland and the UAE signed a protocol amending the agreement for the avoidance of double taxation (DTA) with respect to taxes on
See MoreLuxembourg, Egypt officials meet for talks on bilateral relations and economic cooperation
According to a press releaseย from the Ministry of Foreign and European Affairs, Defense, Cooperation, and Foreign Trade Luxembourg government, officials from Egypt and Luxembourg convened on 14 January 2025. In Cairo, Xavier Bettel held
See MoreLiechtenstein, Vietnam discuss income tax treaty and business ties
Officials from Liechtenstein and Vietnam met to discuss bilateral cooperation with Liechtenstein expressing interest in negotiating and signing an income tax treaty on 22 January 2025. Liechtenstein Prime Minister Daniel Risch expressed his
See MoreKyrgyz, Ethiopia Finance Ministers meet to strengthen trade relations
A meeting took place in Addis Ababa between the First Deputy Minister of Foreign Affairs of the Kyrgyz Republic, Asein Isaev, and the Minister of Finance of Ethiopia, Ahmed Shide. Asein Isaev provided detailed information on the country's
See MoreSlovenia, Saudi Arabia discuss bilateral relations and income tax treaty
Officials from Slovenia's Ministry of Finance and Saudi Arabia met to discuss bilateral relations, including the ongoing negotiations for an income tax treaty on 16 January 2025. This announcement was made by the Ministry of Finance on 17 January
See MoreIraq approves negotiation of first income tax treaty with Oman
The Iraq Council of Ministers has approved the negotiation of an income tax treaty with Oman on 28 January 2025. A tax treaty, also known as a double tax agreement (DTA) or double tax avoidance agreement (DTAA), is an agreement between two
See MoreLithuania moves to terminate 1995 tax treaty with Belarus
Lithuania issued Law No. XV-103 in the Official Gazette on 22 January 2025. Earlier, the Lithuanian government approved a draft law to terminate the 1995 tax treaty with Belarus on 13 November 2024. This decision comes after Belarus suspended
See MoreMoldova, Qatar to initiate tax treaty negotiations
Moldovaโs Minister of Finance, Victoria Belous, met with Qatarโs Ambassador to Moldova, His Excellency Dr. Turki bin Abdullah Zaid Al-Mahmoud, to discuss ways to strengthen and expand bilateral cooperation. This announcement was made by
See MoreSwitzerland sets referendum deadline for tax treaty protocol with Serbia
Switzerland has established a referendum deadline of 19 April 2025 for the protocol to the 2005 tax treaty with Serbia. Earlier,ย Switzerlandโs Council of States approved protocols amending income and capital tax treaties with Serbia on 9
See MoreLuxembourg ratifies protocol to 2007 tax treaty with Moldova
Luxembourg's Chamber of Deputies ratified the protocol to the 2007 income and capital tax treaty with Moldova on 22 January 2025. Earlier, Luxembourgโs Council of State authorised the ratification of the protocol to the 2007 tax treaty on
See MoreVietnam, Togo start talks on double taxation agreement
Vietnam and Togo have agreed to negotiate an income tax treaty as part of efforts to deepen economic and diplomatic ties, following talks between Deputy Prime Minister and Foreign Minister Bui Thanh Son and Togolese Foreign Minister Prof. Robert
See MoreUAE, Russia hold final round of negotiations for DTA
The United Arab Emirates (UAE), represented by the Ministry of Finance, has successfully concluded the final round of negotiations for the Double Taxation Avoidance Agreement (DTA) on income and capital with the Russian Federation. This
See MoreLuxembourg Parliament ratifies tax treaty protocol with Moldova
The Luxembourg parliament passed the law to ratify the protocol to the 2007 income and capital tax treaty with Moldova, with the Council of State voting to forgo the mandatory second constitutional vote on 4 February 2025. Earlier, Luxembourgโs
See MoreSaudi Arabia, Serbia initiate first income tax treaty
Saudi Arabia and Serbia finalized negotiations by initiating an income tax treaty on 8 February 2024. A tax treaty is a bilateral agreement between two countries aimed at addressing double taxation on both passive and active income for their
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