Belgium: Draft bill on automatic exchange of information tabled to parliament
On 3 July 2017, the Belgian government has tabled a draft bill, implementing rules of Directive 2015/2376/EU and Mutual Assistance Directive and partial implementation provision of Directive 2016/881/EU amending Directive 2011/16/EU as regards
See MoreSwitzerland’s Federal Council adopts dispatch on revised DTA with Latvia
The Federal Council of Switzerland adopted the dispatch on a revised double taxation agreement (DTA) with Latvia on 28th June 2017 regarding taxes on income and capital. The dispatch was submitted to Parliament for approval. Switzerland and Latvia
See MoreLiechtenstein: Tax Treaty with Monaco Signed
On 28 June 2017 the officials of Liechtenstein and Monaco signed an income tax treaty which is in line with OECD standards on information exchange and transparency. The provisions of the treaty also take into account recommendations of the OECD/G20
See MoreSpain: Protocol to treaty with Mexico will enter into force in September 2017
Spain, on July 7, 2017, published the new protocol to the tax treaty with Mexico. The new protocol will enter into force on September 27, 2017. The protocol, signed on December 17, 2015, amends several parts of the countries’ 1992 tax
See MoreNew Zealand-Hong Kong: Protocol to tax treaty updated
Revenue Minister has signed a new tax protocol between New Zealand and Hong Kong on 28th June 2017. The protocol updates the existing double tax agreement between New Zealand and Hong Kong, to allow full exchange of information on tax matters
See MoreSingapore – Agreement for automatic exchange of financial account information with Guernsey superseded
The competent authority agreement between Singapore and Guernsey for the exchange of financial account information with Singapore signed on 7 April 2017 has been replaced by the Singapore's signing of the Multilateral Competent Authority Agreement
See MoreCanada and EU: CETA agreement to enter into force
Recently the Prime Minister of Canada and the European Commission announced that they were agreed that the Canada-European Union Comprehensive Economic and Trade Agreement (CETA) would enter into force on September 21, 2017. The CETA will create
See MoreUAE: DTA signed with Cameroon
An income and capital tax treaty was signed on 15th of July 2017 by the United Arab Emirates (UAE) and the Finance Minister of Cameroon for the avoidance of double
See MoreCroatia: Finance Minister signs a DTA with UAE
The Croatian Prime Minister, Andrej Plenkovic, made a visit on 13th of July 2017 to meet the United Arab Emirates (UAE) Foreign Minister. During the meeting they discussed political relations and the advancement of economic cooperation. Also a
See MoreJapan: DTA with Lithuania signed
The Japanese Ministry of Finance on 14 July 2017 issued a press release announcing that the Government of Japan and the Government of the Republic of Lithuania have signed a Double Taxation Agreement (DTA). The agreement provides for the avoidance
See MoreCroatia: Marija Pejčinović Burić signed a DTA with UAE
The Deputy Prime Minister and Minister of Foreign and European Affairs of Croatia, Marija Pejčinović Burić, made a visit on 13th of July 2017 in Zagreb to meet the Minister of Foreign Affairs and International Cooperation of United Arab Emirates
See MoreHong Kong signs AEOI agreement with New Zealand
Hong Kong has signed an agreement with New Zealand for conducting automatic exchange of financial account information in tax matters (AEOI), a Government spokesman said on July 14, 2017. The spokesman added that they have been seeking to expand Hong
See MoreFrance: list of cooperating jurisdictions on CbC reporting requirement published
A list of jurisdictions that have introduced Country-by-Country reporting requirements and have concluded a competent authority agreement on the automatic exchange of CbC reports with France was published in the French Official Journal on 8 July
See MoreNetherlands-Indonesia: Agreement to clarify investment fund taxation
The Government of the Netherlands has announced that an agreement with Indonesia has been concluded regarding the taxation of investment funds. The agreement clarifies the application of the Dutch-Indonesian double tax avoidance agreement to
See MoreOECD: Draft 2017 updates to the Model Tax Convention
On 11 July 2017 the OECD issued the draft 2017 update of the OECD Model Tax Convention. The changes are to be submitted later in 2017 for approval by the Committee on Fiscal Affairs and the OECD Council. Some parts of the update relate to the
See MoreSwitzerland and France resolve tax information exchange cases
According to a statement by the Swiss Federal Council, Switzerland and France have resolved a number of questions concerning the exchange of tax data. The statement confirmed that the authorities had succeeded in agreeing on common solutions. The
See MoreBangladesh concludes DTA negotiations with Maldives
The officials from Bangladesh and the Maldives have concluded negotiations for Double Taxation Agreement (DTA) that was held in Malé from 3 to 6
See MoreCanada agrees to start FTA with EU
The Prime Minister, Justin Trudeau, announces that Canada agreed to commence operation of the Free Trade Agreement with the European Union (EU) on September 21, 2017. The commencement of the Comprehensive Economic and Trade Agreement (CETA) had been
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