Germany, Aruba signs TIEA
On 29 June 2017, Germany and Aruba signed a tax information exchange agreement (TIEA). This Agreement provides the effective exchange of information regarding tax matters between the tax authorities including automatic exchange of information which
See MoreThe UK and Bermuda Sign Competent Authority Agreement for Exchange of Financial Information
The UK and Bermuda have signed a competent authority agreement on automatic exchange of information. The agreement was signed on 20 June 2017 by the UK and on 27 June 2017 by Bermuda. This Agreement provides the effective exchange of information
See MoreBangladesh approves DTA with Bahrain
On 19 June 2017, the cabinet of Bangladesh approved the Double Taxation Agreement (DTA) with Bahrain for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on
See MoreBangladesh approves DTA with Kuwait
On 19 June 2017, the cabinet of Bangladesh approved the Double Taxation Agreement (DTA) with Kuwait for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on
See MoreNew protocol to DTA between Indonesia and Netherlands enters into force
The amending protocol of Double Taxation Agreement (DTA) between Indonesia and Netherlands will enter into force on 1 August 2017 and as of 1 October 2017, this protocol will
See MoreIndonesia-Netherlands: Protocol to tax treaty enters into force
A pending protocol to tax treaty between the Netherlands and Indonesia of 29 January 2002 has been signed on 30 July 2015, will enter into force on 1 August 2017. This Protocol was published on 10 August 2015. The protocol applies for amounts paid
See MoreSingapore: Agreement on exchange of Country-by-Country reporting signed
On 22 June 2017, Singapore signed the Multilateral Competent Authority Agreement (MCAA) on the automatic exchange of Country-by-Country (CbC) reports. The signing took place at a ceremony held during the third meeting of the inclusive framework on
See MoreHong Kong: IRD gazettes orders on treaties with Latvia, Belarus and Pakistan
Three orders made by the Chief Executive in Council under the Inland Revenue Ordinance to implement the Comprehensive Agreements for the Avoidance of Double Taxation (CDTAs) with Latvia, Belarus and Pakistan respectively were gazetted on June 30
See MoreMoldova authorizes to sign a DTA with UAE
Moldova authorized to sign a Double Taxation Agreement (DTA) on 28 June 2017 with United Arab Emirates (UAE) for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on
See MoreOECD: discussion draft sets out additional guidance on attribution of profits to PEs
On 22 June 2017 the OECD issued a new discussion draft with guidance on attribution of profits to permanent establishments (PEs), to replace the previous draft published in July 2016. The new discussion draft outlines the general principles for the
See MoreQatar authorizes to sign a DTA with Argentina
The cabinet of Qatar authorized to sign a Double Taxation Agreement (DTA) with Argentina on 21 June 2017 for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on
See MoreHong Kong signs AEOI agreement with Indonesia
Hong Kong has signed an agreement with Indonesia for conducting automatic exchange of financial account information in tax matters (AEOI), a Government spokesman said on June 16, 2017. The spokesman added that they have been seeking to expand Hong
See MoreNigeria: Government approves signing of MLI to implement tax treaty related BEPS measures
The Government on 14th of June 2017, approved the signing by Nigeria of the Multilateral Instrument (MLI) to implement into bilateral tax treaties the tax treaty-related measures arising from the OECD / G20 BEPS Project to tackle base erosion and
See MoreUAE: Excise tax to be implemented by the end of 2017
The Finance Ministry of the United Arab Emirates (UAE) on 10th of May 2017 arranged a briefing session in respect of the new Excise Tax Law. Implementation of the UAE Excise Tax Law follows the Gulf Cooperation Council (GCC) Ministers of Finance
See MoreMauritius will sign the MLI by the end of June 2017
The Ministry of Finance announced in a statement on 7 June 2017, that Mauritius will sign the OECD Multilateral Agreement to Implement Tax Treaty Related Measures to Prevent Base Erosion and Profit Shifting (BEPS) by the end of June 2017. The
See MoreCzech Republic signs OECD Multilateral Instrument on tax treaty related measures
The Czech Republic has signed the Multilateral Convention to Implement Tax Treaty Related Measures to Prevent Base Erosion and Profit Shifting ("Multilateral Instrument" or "MLI"). On 7th of June 2017, over 70 Ministers and other high-level
See MoreChile signs OECD Multilateral Treaty on Double Taxation
Chile has signed the Multilateral Convention to Implement Tax Treaty Related Measures to Prevent Base Erosion and Profit Shifting ("Multilateral Instrument" or "MLI"). More than 68 countries, including Chile, signed the Convention on 7 June 2017 at
See MoreBulgaria signs new multilateral convention to prevent tax avoidance
Bulgaria has signed the Multilateral Convention to Implement Tax Treaty Related Measures to Prevent Base Erosion and Profit Shifting ("Multilateral Instrument" or "MLI"). More than 68 countries, including Bulgaria, signed the Convention on 7 June
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