DTA signs between Angola and Cape Verde
On 8 August 2019, the Double Taxation Agreement (DTA) between Angola and Cape Verde signed for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income, in
See MoreProtocol to treaty between Kazakhstan and Uzbekistan enters into force
The amending protocol to a treaty between Kazakhstan and Uzbekistan has entered into force on 10 October 2018. It was signed on 23 March 2017 for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on
See MoreNorway deposits ratification instrument for MLI
On 17 July 2019, Norway deposited its instrument of ratification for the multilateral convention to implement tax treaty related measures to prevent base erosion and profit shifting (MLI). The MLI will enter into force on 1 November 2019 for
See MoreIraqi Cabinet approves DTA between Iraq and Saudi Arabia
On 6 August 2019, the Iraqi Cabinet approved the draft Double Taxation Agreement (DTA) with the Kingdom of Saudi Arabia. The agreement was signed on 17 April
See MoreDTA between Egypt and Uzbekistan enters into force
On 25 March 2019, the Double Taxation Agreement (DTA) between Egypt and Uzbekistan was entered into force. The DTA applies from 1 January 2020. The agreement contains Dividends rate 5% for at least 25% capital holding; otherwise 10%, Interest
See MoreNew Zealand: DTA signs with Switzerland
On 8 August 2019, officials from New Zealand and Switzerland signed an amending protocol to update the Double Taxation Agreement (DTA) between them in accordance with BEPS
See MoreAngola signs DTA with Maldives
On 8 August 2019, the Double Taxation Agreement (DTA) between Angola and Cape Verde signed for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income, in
See MoreSaudi Arabia signs MCAA for the exchange of CbCR
On 6 August 2019, Saudi Arabian Government signed the Multilateral Competent Authority Agreement (MCAA) for the exchange of Country-by-Country reports (CbCR). According to OECD, total signatories to the agreement CbC MCAA are now 80.
See MoreHong Kong and China sign 5th protocol to arrangement for avoidance of double taxation
On 19 July 2019, Hong Kong and China signed the fifth protocol to the arrangement for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income with the commissioner of the state taxation
See MoreUkraine signs amending protocol to DTA with UAE
On 24 July 2019, the Cabinet of Ukraine approved to sign an amending protocol to the Double Taxation Agreement (DTA) with United Arab Emirates (UAE). The provisions of the draft protocol fully comply with the requirements with the Organization for
See MoreUkraine: DTA signs with Oman
On 24 July 2019, the Cabinet of Ukraine authorized to sign a Double Taxation Agreement (DTA) with Oman. The agreement contains Dividends rate 5% for at least 20% capital holding; otherwise 10%, Interest rate 10%, and Royalties rate
See MoreLuxembourg: DTA with Kosovo enters into force
On 23 July 2019, the Double Taxation Agreement (DTA) between Kosovo and Luxembourg was entered into force and applies from 1 January 2020. The agreement was signed on 8 December 2017. The agreement contains Dividends rate 0% for at least 10%
See MoreDTA between Luxembourg and Uzbekistan enters into force
On 26 July 2019, the amending protocol to the Double Taxation Agreement (DTA) between Luxembourg and Uzbekistan was entered into force and applies from 1 January 2020. The agreement was signed by Luxembourg Minister of Finance Pierre Gramegna and
See MoreLuxembourg: MLI enters into force
On 1 August 2019, the multilateral convention to implement tax treaty related measures to prevent Base Erosion and Profit Shifting (Multilateral Instrument or MLI) entered into force in respect of Luxembourg. MLI provisions that affect withholding
See MoreAustria implements EU Directive on Dispute Resolution
On 22 July 2019, Austria has published the EU Financial Adjustment Act 2019 in the Official Gazette, which includes measures for the implementation Council Directive (EU) 2017/1852 of 10 October 2017. This includes rules to ensure effective
See MoreLatvia: President signs a Law to ratify BEPS MLI
On 22 July 2019, Latvian President Egils Levits has signed a law for ratification of the Multilateral Convention to Implement Tax Treaty Related Measures to Prevent BEPS (MLI). Latvia must now deposit its ratification instrument to
See MoreSingapore changes to FATCA reporting requirements with effect from 1 April 2020
On 10 July 2019, the Inland Revenue Authority of Singapore (IRAS) issued an announcement that, with effect from 1 April 2020, the IRAS will no longer accept FATCA (Foreign Account Tax Compliance Act) notifications submitted via the International
See MoreWorld Bank approves grant to improve domestic revenue mobilization in Liberia
On 16 July 2019 the World Bank approved a grant to its International Development Association (IDA) to improve domestic revenue mobilization systems and strengthen financial control and accountability in public finances. The IDA provides grants and
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