Kenya: High Court rules no withholding tax on service fees in Kenya-France treaty
Kenya’s High Court delivered its ruling regarding the case – Income Tax Appeal E044 of 2021 – Commissioner of Domestic Taxes v Total Kenya Limited. Total Kenya Limited (TKL) is a fully owned subsidiary of French company, Total Outre Mer (TOM).
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Costa Rica, Switzerland to restart tax treaty talks
The Swiss Federal Council, in a release on 15 July 2024, has announced that Costa Rica and Switzerland officials have restarted negotiations for an income tax treaty between the two countries. Officials from both nations discussed bilateral and
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Azerbaijan publishes law on ratification of pending tax treaty with Kyrgyzstan
Azerbaijan published the law – titled, “Law of the Republic of Azerbaijan on approval of the ‘Agreement between the Republic of Azerbaijan and the Kyrgyz Republic on the elimination of double taxation and prevention of tax evasion with respect
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Luxembourg, Rwanda tax treaty takes effect
Luxembourg's Official Gazette has issued a notice confirming the income and capital tax treaty with Rwanda. It signed their first ever income and capital tax treaty, which entered into force on 14 February 2024. The treaty was signed on 29 September
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Egypt, Serbia sign FTA
Egyptian President Abdel-Fattah al-Sisi and Serbian President Aleksandar Vucic oversaw the signing of several key cooperation agreements on Saturday in Cairo, aimed at enhancing bilateral relations across multiple sectors. According to a statement
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Andorra Ratifies First Income Tax Treaty with Lithuania
The Andorran General Council ratified the income tax treaty with Lithuania. The treaty was signed on 17 April 2024. This is the first of its kind between the two countries. Tax treaty ratification is the formal process by which countries
See MoreSwitzerland, Hungary sign protocol to update double taxation agreement
Switzerland and Hungary signed a protocol of amendment to the agreement for the avoidance of double taxation with respect to taxes on income and capital (DTA) on 12 July 2024 at Budapest. It implements the minimum standards for double taxation
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Egypt approves tax treaty with Oman
The Egyptian Cabinet approved the ratification of the income tax treaty with Oman on 9 July 2024. Signed on 22 May 2023, the treaty specifies that dividends, royalties, and fees for technical services are liable to a maximum withholding tax rate
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Belgium publishes synthesised text of treaty with South Africa impacted by MLI
The Belgian Federal Public Service Finance published on 24 June, 2024, a synthesised text in English of the 1995 Double Taxation Agreement (DTA) between Belgium and South Africa, detailing the impact of the Multilateral agreement to Instrument Tax
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Tax treaty between Luxembourg, Rwanda enters into force
The income and capital tax treaty between Luxembourg and Rwanda has entered into force starting 14 February 2024, it was published in Journal Officiel du Grand-Duché de Luxembourg (No. A277) on 4 July 2024. The agreement states that dividends,
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Malta, Romania sign amending protocol to tax treaty
Malta and Romania signed an amending protocol to the 1995 Malta-Romania Income Tax Treaty on 4 July, 2024, aiming to enhance the original tax treaty between the two countries on the avoidance of double taxation and the prevention of fiscal
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Estonia approves signing draft tax treaty with Botswana
Estonia’s government has approved signing an income tax treaty with Botswana on 4 July, 2024. The tax treaty seeks to eliminate double taxation, and prevent tax evasion. If an agreement is reached, it will be a first between the two
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UAE, Georgia Comprehensive Economic Partnership Agreement enters into force
The Comprehensive Economic Partnership Agreement (CEPA) between the United Arab Emirates (UAE) and Georgia went into effect on 27 June, 2024. The CEPA agreement is set to deepen trade and investment ties, accelerate growth in priority industries,
See MoreKenya, EU EPA enters into force
The Economic Partnership Agreement (EPA) between Kenya and the European Union (EU) has gone into effect on 1 July, 2024. Signed on 18 December 2023, the EPA will boost bilateral trade in goods and investment flows and contribute to sustainable
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Luxembourg ratifies Partnership and Cooperation Agreement with EU, Malaysia
Luxembourg has ratified the Partnership and Cooperation Agreement (PCA) between the European Union and Malaysia on 5 June, 2024. The agreement was signed on 14 December, 2022, at Brussels, and published in the Journal Officiel du Grand-Duché de
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Austria to negotiate first tax treaty with Bangladesh
The Austrian Council of Ministers approved the negotiation of an income and capital tax treaty with Bangladesh on 3 July 2024, according to information published by the Federal Chancellery. A tax treaty, also called double tax agreement (DTA) is
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Kazakhstan ratifies FTA with Singapore
The Kazakhstani Senate, the upper chamber of parliament, ratified a free trade agreement in services and investments with Singapore on 27 June, 2024. This agreement, signed on 22 May 2023, aims to enhance trade and economic cooperation between the
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Czech Republic clarifies suspended tax treaty with Belarus
The Czech Republic tax authorities issued a guidance, on 1 July 2024, clarifying the suspension of Articles 10 (dividends), 11 (interest), and 13 (capital gains) of the tax treaty agreement between the Czech Republic and Belarus. The tax treaty
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