TTA News

Tax Treaty News: May 2017

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Armenia and Sweden On 1 June 2017, the Double Taxation Agreement (DTA) between Armenia and Sweden for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income entered into force. This Agreement will apply from 1 January 2018.
Switzerland and Kosovo On 26 May 2017, Switzerland and Kosovo signed a Double Taxation Agreement (DTA) in the area of taxes on income and capital, in Pristina. The agreement will ensure legal certainty and a contractual framework that will have a beneficial impact on the two states’ economic relations.
Morocco and Bahrain On 25 May 2017, the Council of government of Morocco approved the amending protocol of Double Taxation Agreement (DTA) with Bahrain.
Brazil and Russia On 24 May 2017, the Senate of Brazil approved the Double Taxation Agreement (DTA) with Russia.
Brazil and India On 24 May 2017, the Senate of Brazil approved the amending protocol of Double Taxation Agreement (DTA) with India.
Bahrain and Philippines On 22 May 2017, the Council of Ministers of Bahrain approved the amending protocol of Double Taxation Agreement (DTA) with Philippines.
Cyprus and San Marino On 19 May 2017, the protocol amending the agreement between Cyprus and San Marino for the Avoidance of Double Taxation with respect to Taxes on Income was signed, in Nicosia. The Protocol was signed, on behalf of the Republic of Cyprus, by the Minister of Foreign Affairs, Mr Ioannis Kasoulides, and on behalf of the Republic of San Marino, by the Minister of Foreign Affairs of the country, Mr Nicola Renzi.
Kazakhstan and Uzbekistan On 18 May 2017, Mr. Shavkat Mirziyoyev, the President of Uzbekistan signed a Decree PP-2971 ratifying the amending protocol of Double Taxation Agreement (DTA) with Kazakhstan.
Germany and Turkmenistan On 12 May 2017, the Federal Council of Germany approved the Double Taxation Agreement (DTA) with Turkmenistan. Once in force and effective, the new treaty will replace the existing DTA of 1981.
Belgium and Russia On 11 May 2017, the Belgian parliament approved the Double Taxation Agreement (DTA) with Russia. Once in force and effective, the new treaty will replace the existing DTA of 1995.
Mexico and Spain On 11 May 2017, the lower house of parliament of Spain approved the amending protocol of Double Taxation Agreement (DTA) with Mexico.
Cyprus and Luxembourg On 8 May 2017 a Double Taxation Agreement (DTA) between Cyprus and Luxembourg was signed in Nicosia.
Romania and Uzbekistan On 8 May 2017, the president of Romania signed a law ratifying the amending protocol of Double Taxation Agreement (DTA) with Uzbekistan.
Romania and China On 8 May 2017, Mr. Klaus Iohannis, the president of Romania signed a law ratifying the Double Taxation Agreement (DTA) with China. Once in force and effective, the treaty will replace the existing DTA of 1991.
Italy and Romania On 4 May 2017, the Senate of Italy approved the draft law ratifying the Double Taxation Agreement (DTA) with Romania. Once in force and effective, the treaty will replace the existing DTA of 1977.
Bosnia and Herzegovina and Romania On 4 May 2017, the upper house of parliament of Bosnia and Herzegovina approved the Double Taxation Agreement (DTA) with Romania. Once in force and effective, the treaty will replace the existing DTA of 1986.
Morocco and South Sudan On 4 May 2017, the Moroccan Council of government approved the Double Taxation Agreement (DTA) with South Sudan.
Morocco and Rwanda On 4 May 2017, the Moroccan Council of government approved the Double Taxation Agreement (DTA) with Rwanda.
Morocco and Madagascar On 4 May 2017, the Moroccan Council of government approved the Double Taxation Agreement (DTA) with Madagascar.
Morocco and Ghana On 4 May 2017, the Moroccan Council of government approved the Double Taxation Agreement (DTA) with Ghana.
Morocco and Ethiopia On 4 May 2017, the Moroccan Council of government approved the Double Taxation Agreement (DTA) with Ethiopia.
Belarus and Pakistan On 3 May 2017, Belarus ratified the amending protocol to the Double Taxation Agreement (DTA) with Pakistan.
Belarus and Hong Kong On 3 May 2017, Belarus ratified the Double Taxation Agreement (DTA) with Hong Kong for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income.
Barbados and Cyprus On 3 May 2017 a Double Taxation Agreement (DTA) between Barbados and Cyprus was signed. The agreement provides for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income.
Italy and Barbados On 2 May 2017, the Chamber of Deputies of Italy approved the draft law ratifying the Double Taxation Agreement (DTA) with Barbados for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income.
Egypt and Saudi Arabia On 1 May 2017, the cabinet of Saudi Arabian approved the Double Taxation Agreement (DTA) with Egypt for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income.
Ukraine and Malta On 1 May 2017, the President of Ukraine signed a law ratifying the Double Taxation Agreement (DTA) with Malta for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income.
Qatar and Spain On 28 April 2017, the lower house of parliament of Spain approved the Double Taxation Agreement (DTA) with Qatar.
Mexico and Spain On 26 April 2017, the Senate of Mexico approved the amending protocol of Double Taxation Agreement (DTA) with Spain.
Mexico and Argentina On 26 April 2017, the Mexican Senate approved the Double Taxation Agreement (DTA) with Argentina for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income.
Finland and Germany On 25 April 2017, Germany ratified the Double Taxation Agreement (DTA) with Finland. Once in force and effective, the new treaty will replace the existing DTA of 1979.
Belarus and Pakistan On 21 April 2017, the Council of the Republic of Belarus approved the amending protocol of Double Taxation Agreement (DTA) with Pakistan.
Belarus and Hong Kong On 21 April 2017, the Council of the Republic of Belarus approved the Double Taxation Agreement (DTA) with Hong Kong for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income.
Ukraine and Luxembourg On 18 April 2017, the amending protocol of Double Taxation Agreement (DTA) between Luxembourg and Ukraine entered into force. The amending protocol and Agreement will apply from 1 January 2018.
Ethiopia and Portugal On 9 April 2017 the Double Taxation Agreement (DTA) between Ethiopia and Portugal entered into force. The agreement provides for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income.

Tax Treaty News: April 2017

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Ireland and Kazakhstan On 27 April 2017, the Double Taxation Agreement (DTA) between Ireland and Kazakhstan was signed for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income.
Pakistan and Bulgaria On 26 April 2017, the Double Taxation Agreement (DTA) between Pakistan and Bulgaria was signed for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income.
Bahrain and Thailand On 25 April 2017, Bahrain and Thailand signed an amending protocol of Double Taxation Agreement (DTA) for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income in Manama.
Latvia and Singapore On 20 April 2017, Latvia and Singapore signed an amending protocol of Double Taxation Agreement (DTA) for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income, in Washington DC.
Andorra and United Arab Emirates On 20 April 2017, the general council of Andorra approved the Double Taxation Agreement (DTA) with United Arab Emirates for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income.
India and Portugal According to a press release of 19 April 2017, the Union Cabinet of India has given its approval for signing of a Protocol amending the Convention with Portugal for avoidance of double taxation. The Protocol will also ensure prevention of fiscal evasion with respect to taxes on income.
Netherlands and Uzbekistan On 19 April 2017, the President of Uzbekistan signed a Decree ratifying the amending protocol of Double Taxation Agreement (DTA) with Netherlands.
Belarus and Hong Kong On 19 April 2017, the Belarusian Lower Chamber of Parliament approved the Double Taxation Agreement (DTA) with Hong Kong.
Bangladesh and Bhutan On 18 April 2017, the Double Taxation Agreement (DTA) between Bangladesh and Bhutan was signed in Thimphu.
Bahrain and Philippines On 13 April 2017, the amending protocol of Double Taxation Agreement (DTA) between Bahrain and Philippines was signed.
Malta and Ukraine On 13 April 2017, the parliament of Ukraine passed a law ratifying the Double Taxation Agreement (DTA) with Malta for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income.
Czech Republic and Ghana On 11 April 2017, the Double Taxation Agreement (DTA) between Czech Republic and Ghana was signed in Accra.
Bahrain and Philippines On 10 April 2017, the Cabinet of Bahrain authorized the Minister of Finance (MoF) to sign an amending protocol of Double Taxation Agreement (DTA) with Philippines.
Estonia and Kyrgyzstan On 10 April 2017, the Double Taxation Agreement (DTA) between Estonia and Kyrgyzstan was signed in Estonia.
Romania and Uzbekistan On 10 April 2017, the Senate of Romania approved the amending protocol of Double Taxation Agreement (DTA) with Uzbekistan.
Romania and China On 10 April 2017, the Senate of Romania approved the Double Taxation Agreement (DTA) with China for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income.
Azerbaijan and Israel On 7 April 2017, the parliament of Azerbaijan approved the Double Taxation Agreement (DTA) with Israel.
Malawi and Zambia On 6 April 2017, the Double Taxation Agreement (DTA) between Malawi and Zambia was signed in Lusaka.
Cameroon and South Africa On 6 April 2017, the Senate of Cameroon approved the Double Taxation Agreement (DTA) with South Africa for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income.
Rwanda and Morocco On 5 April 2017, the Council of Ministers of Rwanda approved the Double Taxation Agreement (DTA) with Morocco for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income.
Ukraine and Luxembourg On 3 April 2017, the President of Ukraine signed a law ratifying the amending protocol of Double Taxation Agreement (DTA) with Luxembourg for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income.
Azerbaijan and Kazakhstan On 3 April 2017, Azerbaijan and Kazakhstan signed an amending protocol of Double Taxation Agreement (DTA) for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income, in Baku.
Kenya and Korea (Rep) On 3 April 2017, the Double Taxation Agreement (DTA) between Kenya and Korea (Rep.) was entered into force for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income. This treaty will apply from 1 January 2018.
Ghana and Singapore On 31 March 2017, the Double Taxation Agreement (DTA) between Singapore and Ghana was signed in Ghana for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income.
Qatar and Spain On 31 March 2017, the Council of Ministers of Spain approved the Double Taxation Agreement (DTA) with Qatar for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income.
Armenia and Germany On 31 March 2017, the German Federal Council of ministers approved the Double Taxation Agreement (DTA) with Armenia. Once in force and effective, the treaty will replace the existing DTA of 1981.
Germany and Macedonia On 31 March 2017, the Federal Council of Germany approved the amending protocol of Double Taxation Agreement (DTA) with Macedonia.
France and Portugal On 30 March 2017, the Council of Ministers of France approved the amending protocol of Double Taxation Agreement (DTA) with Portugal.
Japan and Latvia On 30 March 2017, Latvia ratified the Double Taxation Agreement (DTA) with Japan for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income.
Romania and China On 28 February 2017, the Chamber of Deputies of Romania approved the Double Taxation Agreement (DTA) with China. Once in force and effective, the new treaty will replace the existing DTA of 1991.
Romania and Uzbekistan On 28 February 2017, Romania has approved the amending protocol to Double Taxation Agreement (DTA) with Uzbekistan for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income.
Bangladesh and Bhutan On 27 February 2017, the cabinet of Bangladesh authorized the signing of a Double Taxation Agreement (DTA) with Bhutan for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income.
Bangladesh and Qatar On 27 February 2017, the cabinet of Bangladesh authorized the signing of a Double Taxation Agreement (DTA) with Qatar for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income.
United States and Vietnam In accordance with resolution 29/NQ-CP of 24 February 2017, Vietnam ratified the Double Taxation Agreement (DTA) with United States for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income.
India and Vietnam On 21 February 2017, the amending protocol of Double Taxation Agreement (DTA) between India and Vietnam was entered into force. This protocol will apply from 1 April 2018 in India and from 1 January 2018 in Vietnam.
Jersey and Cyprus On 17 February 2017, the Double Taxation Agreement (DTA) between Jersey and Cyprus was entered into force for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income. This treaty will apply from 1 January 2018.
Panama and Vietnam On 14 February 2017, the Double Taxation Agreement (DTA) between Vietnam and Panama was entered into force. This treaty will apply from 1 January 2018.
New Zealand and British Virgin Islands On 23 December 2016, the Double Taxation Agreement (DTA) between New Zealand and British Virgin Islands was entered into force for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income. This agreement applied from 1 April 2017 for New Zealand and 1 January 2017 for the British Virgin Islands.
Uzbekistan and Pakistan On 25 October 2016, the amending protocol between Uzbekistan and Pakistan was entered into force that was signed on 17 November 2015. This protocol is applicable as of 1 January 2017.

Tax Treaty News: March 2017

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Andorra and Portugal On 23 April 2017, the Double Taxation Agreement (DTA) between Andorra and Portugal will enter into force for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income. This agreement will apply from 1 January 2018.
Saudi Arabia and Turkmenistan On 1 April 2017, the Double Taxation Agreement (DTA) between Turkmenistan and Saudi Arabia was entered into force for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income. This agreement will apply from 1 January 2018.
Slovak Republic and UAE On 1 April 2017, the Double Taxation Agreement (DTA) between United Arab Emirates and Slovak Republic was entered into force for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income. This agreement will apply from 1 January 2018.
Belgium and Moldova On 30 March 2017, an amending protocol between Moldova and Belgium was signed to Double Taxation Agreement (DTA) for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income, in Brussels. Once in force, the treaty and protocol will replace the existing DTA of 1987.
Luxembourg and Belgium On 29 March 2017, Luxembourg and Belgium signed an amending protocol of Double Taxation Agreement (DTA) for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income.
Uzbekistan and Kazakhstan On 23 March 2017, Uzbekistan and Kazakhstan signed an amending protocol of Double Taxation Agreement (DTA) for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income, in Astana.
Qatar and Kazakhstan On 21 March 2017, in accordance with Decree 17 of 2017, the Emir of Qatar has issued a ratification instrument to approve the Double Taxation Agreement (DTA) with Kazakhstan for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income.
Switzerland and Pakistan On 21 March 2017, the Double Taxation Agreement (DTA) between Pakistan and Switzerland was signed in Islamabad for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income. Once in force and effective, the new treaty will replace the existing DTA of 2005.
Bahrain and Bangladesh On 21 March 2017, Bahrain ratified the Double Taxation Agreement (DTA) with Bangladesh for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income, by way of Law No. 10.
Luxembourg and Ukraine On 14 March 2017, the parliament of Ukraine passed a law ratifying the amending protocol of Double Taxation Agreement (DTA) with Luxembourg for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income.
Ghana and Mauritius On 11 March 2017, The Double Taxation Agreement (DTA) between Ghana and Mauritius was signed in Port Louis.
Netherlands and Ghana On 10 March 2017, Netherlands and Ghana signed an amending protocol of Double Taxation Agreement (DTA) for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income, in Accra.
India and Belgium On 9 March 2017, an amending protocol between India and Belgium was signed to the Double Taxation Agreement (DTA) for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income, in New Delhi.
Cameroon and Czech Republic On 8 March 2017, the cabinet of the Czech Republic authorized to sign a Double Taxation Agreement (DTA) with Cameroon for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income.
Qatar and Turkey On 8 March 2017, Qatar issued a ratification instrument approving the Double Taxation Agreement (DTA) with Turkey. Once in force and effective, the new treaty will replace the existing DTA of 2001.
Saudi Arabia and Mauritania On 6 March 2017, the cabinet of Saudi Arabia authorized the Minister of Finance (MoF) to sign a Double Taxation Agreement (DTA) with Mauritania for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income.
Saudi Arabia and Mexico On 6 March 2017, the cabinet of Saudi Arabia has approved the Double Taxation Agreement (DTA) with Mexico for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income.
Croatia and Kosovo On 6 March 2017, the Double Taxation Agreement (DTA) between Croatia and Kosovo was signed for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income, in Zagreb.
Portugal and France On 6 March 2017, Marcelo Rebelo de Sousa, the President of Portugal signed a decree ratifying the amending protocol of Double Taxation Agreement (DTA) with France.
Cyprus and Iran On 5 March 2017, the Double Taxation Agreement (DTA) between Iran and Cyprus was entered into force for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income. This treaty will apply from 1 January 2018.
Jersey and Mauritius On 3 March 2017, the Double Taxation Agreement (DTA) between Jersey and Mauritius was signed for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income, in London.
Japan and Latvia On 2 March 2017, the Latvian parliament has approved the Double Taxation Agreement (DTA) with Japan for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income.

Tax Treaty News: February 2017

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Singapore and Uruguay On 14 March 2017, the Double Taxation Agreement (DTA) between Singapore and Uruguay will enter into force for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income. The treaty generally applies from 1 January 2018.
Austria and Iceland On 1 March 2017, the Double Taxation Agreement (DTA) between Austria and Iceland was entered into force for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income. The treaty generally applies from 1 January 2018.
Austria and Luxembourg On 1 March 2017, the amending exchange of notes of Double Taxation Agreement (DTA) between Austria and Luxembourg was entered into force that was signed on 18 June 2015. The exchange of notes generally applies from 1 January 2011.
Singapore and India On 27 February 2017, the amending protocol of Double Taxation Agreement (DTA) between India and Singapore was entered into force and that was signed on 30 December 2016. The protocol will apply from 1 April 2017.
Egypt and Kuwait According to a press release of 24 February 2017, the president of Egypt signed a decree ratifying the Double Taxation Agreement (DTA) with Kuwait. Once in force and effective, the new treaty will replace the existing DTA of 2004.
Liechtenstein and UAE On 24 February 2017, the Double Taxation Agreement (DTA) between Liechtenstein and United Arab Emirates was entered into force for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income. The treaty generally applies from 1 January 2018.
Qatar and Tajikistan On 22 February 2017, the cabinet of Qatar authorized the signing of the initialed Double Taxation Agreement (DTA) with Tajikistan for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income.
Portugal and Montenegro On 20 February 2017, the President of Portugal signed a decree ratifying the Double Taxation Agreement (DTA) with Montenegro. The decree still needs to be published in the Official Gazette.
Azerbaijan and Denmark On 17 February 2017, the Double Taxation Agreement (DTA) between Azerbaijan and Denmark was signed for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income, in Baku.
Hong Kong and Pakistan On 17 February 2017, the Double Taxation Agreement (DTA) between Hong Kong and Pakistan was signed for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income, in Hong Kong.
Ghana and Morocco On 17 February 2017, the Double Taxation Agreement (DTA) between Ghana and Morocco was signed for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income, in Accra.
Burundi and UAE On 16 February 2017, the Double Taxation Agreement (DTA) between Burundi and the United Arab Emirates was signed for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income, in Abu Dhabi.
Brazil and India On 16 February 2017, the Brazilian Chamber of Deputies approved the amending protocol of Double Taxation Agreement (DTA) with India that was signed on 15 October 2013.
Brazil and Russia On 16 February 2017, the Brazilian Chamber of Deputies approved the Double Taxation Agreement (DTA) with Russia for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income.
Finland and Turkmenistan On 10 February 2017, the Double Taxation Agreement (DTA) between Finland and Turkmenistan was entered into force for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income. The treaty generally applies from 1 January 2018.
Macedonia and UAE On 8 February 2017, the Double Taxation Agreement (DTA) between Macedonia and United Arab Emirates was entered into force for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income. The treaty generally applies from 1 January 2018.
Panama and Vietnam On 7 February 2017, Panama ratified the Double Taxation Agreement (DTA) with Vietnam, as published in the Official Gazette of 10 February 2017.
Pakistan and Belarus On 7 February 2017, the Federal Cabinet of Pakistan approved the amending protocol of Double Taxation Agreement (DTA) with Belarus that was signed on 5 October 2016.
Pakistan and Senegal On 7 February 2017, the Federal Cabinet of Pakistan authorized the signing of a Double Taxation Agreement (DTA) with Senegal for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income.
Netherlands and Uzbekistan On 6 February 2017, the Netherlands and Uzbekistan signed an amending protocol to Double Taxation Agreement (DTA) for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income.
Austria and India On 6 February 2017, Austria and India was signed an amending protocol to Double Taxation Agreement (DTA) for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income, in New Delhi.
Belgium and Ireland On 2 February 2017, the Belgian parliament approved the amending protocol of Double Taxation Agreement (DTA) with Ireland that was signed on 14 April 2014. The ratification of the protocol is subject to final approval by the King.
Armenia and Slovak Republic On 1 February 2017, the Double Taxation Agreement (DTA) between Armenia and Slovak Republic was entered into force for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income. The treaty generally applies from 1 January 2018.
Morocco and South Sudan On 1 February 2017, the Double Taxation Agreement (DTA) between Morocco and South Sudan was signed for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income, in Juba.
Senegal and UAE On 1 February 2017, the Council of Ministers of Senegal approved the Double Taxation Agreement (DTA) with the United Arab Emirates for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income.
Saudi Arabia and Turkmenistan On 30 January 2017, the Saudi Arabian cabinet approved the Double Taxation Agreement (DTA) with Turkmenistan for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income.
Portugal and Andorra On 26 January 2017, the President of Portugal signed a decree ratifying the Double Taxation Agreement (DTA) with Andorra for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income. The decree still needs to be published in the Official Gazette.
Kazakhstan and Slovenia On 30 December 2016, the Double Taxation Agreement (DTA) between Kazakhstan and Slovenia was entered into force for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income. The treaty generally applies from 1 January 2017.
India and Israel On 19 December 2016, the amending protocol of Double Taxation Agreement (DTA) between India and Israel was entered into force and that was signed on 14 October 2015. The protocol generally applies from 1 January 2017 for Israel and from 1 April 2017 for India.
Indonesia and Laos On 11 October 2016, the Double Taxation Agreement (DTA) between Indonesia and Laos was entered into force for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income. The treaty generally applies from 1 January 2017 for withholding taxes and from 1 January 2018 for other tax matters.

Tax Treaty News: January 2017

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Japan and Austria On 30 January 2017, the Double Taxation Agreement (DTA) between Austria and Japan was signed for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income, in Vienna. Once in force and effective, the new treaty will replace the existing DTA of 1961.
Hungary and Luxembourg On 26 January 2017, the Double Taxation Agreement (DTA) between Hungary and Luxembourg was entered into force. This treaty will apply from 1 January 2018. From this date, the new treaty will replace the existing DTA of 1990.
Moldova and Russia On 25 January 2017, the State Tax Service (STS) of Moldova clarified the application of the Double Taxation Agreement (DTA) with Russia relating to the income derived by a resident of Russia from the sale of 60% of shares in the capital of a resident of Moldova to another resident of Moldova. According to article 13 of the DTA, gains from the alienation of any property, other than that referred to in paragraphs 1, 2, 3 and 4, will be taxable only in the state of which the alienator is a resident. So, income derived by the resident of Russia from the alienation of shares may be taxed only in Russia and accordingly, when purchasing shares from a resident of Russia, a resident of Moldova should not withhold any income tax, as stipulated in article 91 of the Tax Code.
Panama and Vietnam On 23 January 2017, the National Assembly of Panama approved the Double Taxation Agreement (DTA) with Vietnam for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income.
UK and Estonia Paragraph 7 of the Protocol to the double taxation agreement (DTA) of 1994 between  Estonia and United Kingdom is the most favored nation (MFN) provision with regard to article 12 (royalties) of the treaty. The Protocol to DTA between Estonia and Switzerland provides for resident state taxation only with regard to royalties. On 18 January 2017, HMRC confirmed that the MFN provision has been triggered. With effect from 16 October 2015, no source state taxation is permitted under the DTA between Estonia and UK in respect of royalties.
Brazil and Canada On 18th January 2016, a Private Ruling 5/2017 has been published in the Official Gazette and it confirms that payments made by Brazilian sources to individual or companies resident in Canada for technical services provided, whether with or without the transfer of technology being incorporated, is subject to 15% withholding tax in Brazil.
Brazil and US According to Private Ruling 5/2017 of 18 January 2016, since there is no Double Taxation Agreement (DTA) signed between the United States and Brazil, income paid by Brazilian sources to individual or legal entities resident in the United States for technical services provided is subject to 15% withholding tax in Brazil in according with domestic legislation.
India and Vietnam According to a press release of Vietnamese government on 17 January 2017, Vietnam has approved the amending protocol of Double Taxation Agreement (DTA) with India for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income.
Czech Republic and Korea (Rep.) On 16 January 2017, the government of the Czech Republic authorized to sign the Double Taxation Agreement (DTA) with Korea Republic. Once signed, in force and effective, the new treaty will replace the existing DTA of 1992.
Paraguay and UAE On 16 January 2017, the Double Taxation Agreement (DTA) between Paraguay and the United Arab Emirates was signed for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income, in Abu Dhabi.
Belarus and Hong Kong On 16 January 2017, the Double Taxation Agreement (DTA) between Belarus and Hong Kong was signed for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income, in Hong Kong.
India and Kuwait On 15 January 2017, India and Kuwait signed an amending protocol to Double Taxation Agreement (DTA) for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income.
Hungary and Oman On 15 January 2017, Oman ratified the Double Taxation Agreement (DTA) with Hungary for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income, by way of Royal Decree 6/2017.
UAE and Belize On 15 January 2017, the United Arab Emirates ratified the Double Taxation Agreement (DTA) with Belize that was signed on 2 October 2015, by way of Decree No. 230/2016.
UAE and Comoros Islands On 15 January 2017, the United Arab Emirates ratified the Double Taxation Agreement (DTA) with the Comoros Islands that was signed on 26 March 2015, by way of Decree No. 231/2016.
UAE and Jordan On 15 January 2017, the United Arab Emirates ratified the Double Taxation Agreement (DTA) with Jordan for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income, by way of Decree No. 224/2016.
UAE and Macedonia On 15 January 2017, the United Arab Emirates ratified the Double Taxation Agreement (DTA) with Macedonia for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income.
Italy and Barbados On 12 January 2017, the Italian Senate approved the Double Taxation Agreement (DTA) with Barbados for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income.
Italy and Philippines On 12 January 2017, the Italian Senate approved the amending protocol of Double Taxation Agreement (DTA) with Philippines and that was signed on 9 December 2013.
Hong Kong and Saudi Arabia On 9 January 2017, the Saudi Arabian Cabinet authorized the Minister of Finance to sign the Double Taxation Agreement (DTA) with Hong Kong for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income.
Albania and Iceland On 6 January 2016, The Double Taxation Agreement (DTA) between Albania and Iceland was entered into force for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income. The treaty generally applies from 1 January 2017.
India and Kazakhstan On 6 January 2017, India and Kazakhstan signed an amending protocol to Double Taxation Agreement (DTA) for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income, in New Delhi.
Jersey and Seychelles On 5 January 2017, the Double Taxation Agreement (DTA) between Jersey and Seychelles was entered into force for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income. This treaty will apply from 1 January 2018.
Cyprus and Iran On 3 January 2017, the President of Iran signed a law ratifying the Double Taxation Agreement (DTA) with Cyprus for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income.
Iran and Slovak Republic On 3 January 2017, the President of Iran signed a law ratifying the Double Taxation Agreement (DTA) with Slovak Republic for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income.
Azerbaijan and Sweden On 31 December 2016, the Double Taxation Agreement (DTA) between Azerbaijan and Sweden was entered into force. The agreement generally applies from 1 January 2017.
Kazakhstan and Slovenia On 30 December 2016, the President of Kazakhstan signed a law ratifying the Double Taxation Agreement (DTA) with Slovenia for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income.
Hungary and Iran On 30 December 2016, the Double Taxation Agreement (DTA) between Hungary and Iran was entered into force for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income. The treaty generally applies from 1 January 2017.
Poland and Taiwan On 30 December 2016, the Double Taxation Agreement (DTA) between Poland and Taiwan was entered into force for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income. The agreement generally applies from 1 January 2017.
Poland and Taiwan According to Official Journal of 29 December 2016, Poland ratified the Double Taxation Agreement (DTA) with Taiwan for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income.
Armenia and Belarus On 26 December 2016, the amending protocol of Double Taxation Agreement (DTA) between Armenia and Belarus was entered into force and that was signed on 19 May 2016. The protocol generally applies from 1 January 2017.
UAE and UK On 25 December 2016, the Double Taxation Agreement (DTA) between United Arab Emirates and United Kingdom was entered into force for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income. The treaty generally applies from 1 January 2017.
Belgium and Russia On 23 December 2016, the Belgian Council of Ministers approved the Double Taxation Agreement (DTA) with Russia. The treaty will be subject to the approval of the parliaments and once in force and effective, the new treaty will replace the existing DTA of 1995.
Hungary and Iraq On 22 December 2016, the Hungarian government submitted a bill to parliament for the ratification of Double Taxation Agreement (DTA) with Iraq that was signed on 22 November 2016 in Budapest.
India and Slovenia On 21 December 2016, the amending protocol of Double Taxation Agreement (DTA) between India and Slovenia was entered into force and that was signed on 17 May 2016. This protocol will apply from 1 March 2017.
Chile and Italy On 20 December 2016, the Double Taxation Agreement (DTA) between Chile and Italy was entered into force for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income. The treaty generally applies from 1 January 2017.
Turkmenistan and UK On 19 December 2016, the Double Taxation Agreement (DTA) between Turkmenistan and United Kingdom was entered into force for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income. The treaty generally applies from 1 January 2017. From this date, the new treaty was replaced the existing DTA of 1985 and Transport Tax Treaty of 1974.
Morocco and Slovenia On 15 December 2016, Slovenia ratified the Double Taxation Agreement (DTA) with Morocco for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income, as published in Official Gazette of 30 December 2016.
Luxembourg and Ukraine On 14 December 2016, the Ukrainian Cabinet of Ministers approved the amending protocol of Double Taxation Agreement (DTA) with Luxembourg that was signed on 30 September 2016. The protocol has been submitted to the Ukrainian parliament for ratification.
China and Macau On 12 December 2016, the amending protocol of Double Taxation Agreement (DTA) between China and Macau was entered into force and that was signed on 19 July 2016. The protocol generally applies from 12 December 2016.
Armenia and Belarus On 12 December 2016, Belarus ratified the amending protocol of Double Taxation Agreement (DTA) with Armenia that was signed on 19 May 2016.
South Africa and Zimbabwe On 1 December 2016, the Double Taxation Agreement (DTA) between South Africa and Zimbabwe was entered into force. The treaty generally applies from 1 January 2017. From this date, the new treaty was replaced the existing DTA of 1965.
Argentina and Mexico On 23 November 2016, Argentina ratified the Double Taxation Agreement (DTA) with Mexico for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income.
Portugal and Vietnam On 9 November 2016, the Double Taxation Agreement (DTA) between Portugal and Vietnam was entered into force for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income. The treaty generally applies from 1 January 2017.
China and Malaysia On 1 November 2016, the exchange of letters to income tax treaty between China and Malaysia entered into force and this exchange of letters generally applies from 1 November 2016.
China and Zimbabwe On 29 September 2016, the Double Taxation Agreement (DTA) between China and Zimbabwe was entered into force for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income. The agreement generally applies from 1 January 2017.

Tax Treaty News: December 2016

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Luxembourg and Brunei On 26 January 2017, the income and capital tax treaty between Brunei and Luxembourg will enter into force for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income. This treaty will apply from 1 January 2018.
United Kingdom On 20 January 2017, The Double Taxation Treaties (Developing Countries) Bill 2016-17 is expected to resume its second reading debate. The Bill places a duty on the Chancellor of the Exchequer to align the results of double tax treaties with developing countries with the objective of the UK’s overseas development aid programme for decreasing poverty and to report to Parliament thereon; and for connected reasons. The Chancellor must have regard to the consequence of the rates of withholding tax and capital gains tax and the amount of profit tax that the developing country would be able to collect.
Luxembourg and Uruguay On 11 January 2017, the income and capital tax treaty between Luxembourg and Uruguay will enter into force for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income. This treaty will apply from 1 January 2018.
Austria and Liechtenstein On 1 January 2017, the amending protocol of income and capital tax treaty between Austria and Liechtenstein will enter into force that was signed on 15 September 2016. This protocol will apply from 1 January 2017.
India and Singapore On 30 December 2016, India and Singapore signed an amending protocol of income tax treaty in New Delhi.
Chile and Japan On 28 December 2016, the income tax treaty between Chile and Japan was entered into force for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income. This treaty will apply from 1 January 2017.
Kazakhstan and Slovenia On 27 December 2016, Kazakhstan’s upper chamber of the parliament adopted a law approving the income and capital tax treaty with Slovenia for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income.
Luxembourg and Serbia On 27 December 2016, the income and capital tax treaty between Luxembourg and Serbia was entered into force for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income. This treaty will apply from 1 January 2017.
Luxembourg and Senegal On 23 December 2016, Luxembourg ratified the income and capital tax treaty with Senegal for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income.
Luxembourg and Ukraine On 23 December 2016, Luxembourg ratified the amending protocol of income and capital tax treaty with Ukraine that was signed on 30 September 2016 for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income.
Luxembourg and Uruguay On 23 December 2016, Luxembourg ratified the income and capital tax treaty with Uruguay for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income.
Luxembourg and Austria On 23 December 2016, Luxembourg ratified the amending exchange of notes of income and capital tax treaty with Austria that was signed on 25 March 2015 for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income.
Luxembourg and Brunei On 23 December 2016, Luxembourg ratified the income and capital tax treaty with Brunei for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income.
Luxembourg and Hungary On 23 December 2016, Luxembourg ratified the income and capital tax treaty with Hungary. Once in force and effective, the new treaty will replace the existing DTA of 1990.
Liechtenstein and Georgia On 21 December 2016, the income and capital tax treaty between Georgia and Liechtenstein was entered into force for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income. This treaty will apply from 1 January 2017.
Canada and Israel On 21 December 2016, the income tax treaty between Canada and Israel was entered into force for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income. This treaty will apply from 1 January 2017. From this date, the new treaty will replace the existing DTA of 1975.
Chile and Czech Republic On 21 December 2016, the income and capital tax treaty between Chile and Czech Republic was entered into force for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income. This treaty will apply from 1 January 2017.
Finland and Portugal On 21 December 2016, Finland ratified the income tax treaty with Portugal. Once in force and effective, the new treaty will replace the existing DTA of 1970.
Austria and Iceland On 21 December 2016, the Austrian Federal Council approved the income and capital tax treaty with Iceland for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income.
Estonia and Kyrgyzstan On 19 December 2016, the Parliamentary Committee on Budget and Finance of the Kyrgyz Parliament authorized the signing of the income tax treaty with Estonia for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income.
Canada and Taiwan On 19 December 2016, the income tax treaty between Canada and Taiwan was entered into force for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income. This treaty will apply from 1 January 2017.
Turkey and Qatar On 18 December 2016, the income tax treaty between Qatar and Turkey was signed for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income. Once in force and effective, the new treaty will replace the existing DTA of 2001.
India and Tajikistan On 17 December 2016, India and Tajikistan signed an amending protocol of income tax treaty in New Delhi.
Finland and Sri Lanka On 16 December 2016, Finland ratified the income tax treaty with Sri Lanka. Once in force and effective, the new treaty will replace the existing DTA of 1982.
Finland and Turkmenistan On 16 December 2016, Finland ratified the income tax treaty with Turkmenistan for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income.
Singapore and South Africa On 16 December 2016, the income tax treaty between Singapore and South Africa was entered into force for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income. This treaty will apply from 1 January 2017. From this date, the new treaty will replace the existing DTA of 1996.
Cyprus and India According to press release of Indian government on 16 December 2016, Cyprus and India have completed their ratification procedures of income tax treaty and has now entered into force. This treaty will apply from 1 January 2017 for Cyprus and from 1 April 2017 for India. From these dates, the new treaty will replace the existing DTA of 1994.
Poland and Taiwan On 15 December 2016, the higher chamber of the Polish parliament approved the draft law ratifying the income tax treaty with Taiwan for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income.
Hungary and Oman On 15 December 2016, Hungary ratified the income tax treaty with Oman for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income.
Austria and Iceland On 15 December 2016, the Austrian National Council approved the income and capital tax treaty with Iceland for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income.
Chile and Czech Republic On 14 December 2016, the Chilean Senate approved the income and capital tax treaty with Czech Republic for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income.
Chile and Italy On 14 December 2016, the Chilean Senate approved the income tax treaty with Italy for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income.
Chile and Japan On 14 December 2016, the Chilean Senate approved the income tax treaty with Japan for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income.
Turkmenistan and UK On 14 December 2016, the United Kingdom ratified the double tax treaty (DTA) with Turkmenistan by way of the Double Taxation Relief and International Tax Enforcement Order 2016, as published in Official Gazette No. 1217 of 14 December 2016. Once in force and effective, the new treaty will replace the existing DTA of 1985.
India and Tajikistan According to press release of Indian government on 14 December 2016, the Union Cabinet of India has authorized the signing of an amending protocol to update the income tax treaty with Tajikistan for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income.
Armenia and Belarus On 13 December 2016, the Armenian Parliament ratified the amending protocol of income tax treaty with Belarus that was signed on 19 May 2016 for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income.
Armenia and Germany On 13 December 2016, the Armenian Parliament ratified the income and capital tax treaty with Germany for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income. Once in force and effective, the new treaty will replace the existing DTA of 1981.
Armenia and India On 13 December 2016, the Armenian Parliament ratified the amending protocol of income tax treaty with India that was signed on 27 January 2016 for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income.
Armenia and Sweden On 13 December 2016, the Armenian Parliament ratified the income and capital tax treaty with Sweden for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income.
Ecuador and Italy On 13 December 2016, Ecuador and Italy signed an amending protocol to update the existing DTA of 1984 for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income.
Azerbaijan and Israel On 13 December 2016, the income tax treaty between Azerbaijan and Israel was signed for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income, in Baku.
Romania and UAE On 11 December 2016, the income tax treaty between Romania and United Arab Emirates was entered into force for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income. This treaty will apply from 1 January 2017. From this date, the new treaty will replace the existing DTA of 1993.
China and Pakistan On 8 December 2016, China and Pakistan signed an amending protocol to the Avoidance of Double Taxation Agreement. Mr. Wang Jun, Commissioner State Administration of Taxation (SAT) China and Mr. Nisar Muhammad, Chairman Federal Board of Revenue (FBR) Pakistan signed the third protocol on behalf of China and  Pakistan respectively.
Australia and Germany On 7 December 2016, the income and capital tax treaty between Australia and Germany was entered into force for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income. This treaty will apply from 1 January 2017. From this date, the new treaty will replace the existing DTA of 1972.
Italy and Romania On 6 December 2016, the Italian Chamber of Deputies approved the draft law ratifying the income tax treaty with Romania. Once in force and effective, the new treaty will replace the existing DTA of 1977.
Bosnia and Herzegovina and Romania On 6 December 2016, the income tax treaty between Bosnia and Herzegovina and Romania was signed for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income, in Sarajevo. Once in force and effective, the new treaty will replace the existing DTA of 1986.
Guernsey and UK On 6 December 2016, the amending protocol and exchange of letters of income tax treaty between Guernsey and United Kingdom entered into force that was signed on 9 March 2016 by Guernsey and on 29 February 2016 by the United Kingdom.
Switzerland and Norway On 6 December 2016, the amending protocol of income and capital tax treaty between Norway and Switzerland was entered into force that was signed on 4 September 2015. This protocol will apply from 1 January 2017.
Singapore and Uruguay On 2 December 2016, Uruguay ratified the income and capital tax treaty with Singapore for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income.
Switzerland and Albania On 1 December 2016, the amending protocol of income and capital tax treaty between Albania and Switzerland was entered into force that was signed on 9 September 2015. This protocol will apply from 1 January 2017.
Saudi Arabia and Venezuela On 1 December 2016, the income tax treaty between Saudi Arabia and Venezuela was entered into force for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income. This treaty will apply from 1 January 2017.
Brazil and Argentina According to Private Ruling 155/2016 of 30 November 2016, confirms that income paid by Brazilian sources to individual or legal entities resident in Argentina for technical services or assistance provided, whether with or without transfer of technology being involved, is subject to withholding tax at a rate of 15% in Brazil.
Belarus and Armenia On 30 November 2016, the Belarusian National Assembly approved a draft law ratifying the amending protocol of income tax treaty with Armenia that was signed on 19 May 2016.
Andorra and Portugal On 30 November 2016, the general council of Andorra approved the income tax treaty with Portugal for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income.
Luxembourg and Tunisia On 30 November 2016, the amending protocol of income and capital tax treaty between Luxembourg and Tunisia was entered into force that was signed on 5 September 2014. This protocol will apply from 1 January 2017.
Iraq and Korea (Rep.) On 29 November 2016, the Iraqi Council of Ministers authorized the signing of an income and capital tax treaty with Korea (Rep.) for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income.
Austria and Israel On 28 November 2016, the income tax treaty between Austria and Israel was signed for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income. Once in force and effective, the new treaty will replace the existing DTA of 1970.
Korea (Rep.) and Turkmenistan On 26 November 2016, the income tax treaty between Korea and Turkmenistan was entered into force for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income. This treaty will apply from 1 January 2017.
Malta and Vietnam On 25 November 2016, the income tax treaty between Malta and Vietnam was entered into force. This treaty will apply from 1 January 2017.
Kazakhstan and Serbia On 24 November 2016, the income and capital tax treaty between Kazakhstan and Serbia was entered into force for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income. This treaty will apply from 1 January 2017.
Canada and Madagascar On 24 November 2016, the income tax treaty between Canada and Madagascar was signed for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income, in Antananarivo.
South Africa and UAE On 23 November 2016, the income tax treaty between South Africa and United Arab Emirates was entered into force for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income. This treaty will apply from 1 January 2017.
Argentina and Mexico On 23 November 2016, the Argentine Chamber of Deputies approved the draft law ratifying the income and capital tax treaty with Mexico for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income.
Hong Kong and Romania On 21 November 2016, the income tax treaty between Hong Kong and Romania was entered into force for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income. This treaty will apply from 1 January 2017.
India and Slovenia On 17 November 2016, Slovenia ratified the amending protocol of income tax treaty with India that was signed on 17 May 2016 for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income.
Georgia and Korea (Rep.) On 17 November 2016, the income tax treaty between Georgia and Korea was entered into force for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income. This treaty will apply from 1 January 2017.
France On 4 November 2016, the French tax administration updated its guidelines on income and capital tax treaties with Bolivia, Chile, Egypt, Estonia, India, Libya, Saudi Arabia, Uzbekistan and Vietnam to clarify the activation of the MFN clauses.
UAE and Andorra The United Arab Emirates (UAE) have ratified the income tax treaty with Andorra that was signed on 28 July 2015. The federal decree 166/2016 ratifying the treaty was issued by the president of the United Arab Emirates and was published in a recent issue of the official gazette.
Spain and Estonia On 14 June 2016, the Spanish Ministry of Finance and Public Administration published a letter addressed to the Minister of Finance of Estonia with MFN clauses included in the income and capital tax treaty between Estonia and Spain concerning articles 5(3), 11(2), 11(3), 12(2) and 12(3).
UAE and Mauritania The United Arab Emirates have ratified the income and capital tax treaty with Mauritania for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income.

Tax Treaty News: November 2016

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Germany and Netherlands On 31 December 2016, the amending protocol of income tax treaty between Germany and Netherlands will enter into force that was signed on 11 January 2016. This protocol will apply from 1 January 2017.
Switzerland and Liechtenstein On 22 December 2016, the income and capital tax treaty between Liechtenstein and Switzerland will enter into force. This treaty will apply from 1 January 2017. From this date, the new treaty will replace the existing DTA of 1995.
Liechtenstein and Iceland On 14 December 2016, the income and capital tax treaty between Iceland and Liechtenstein will enter into force for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income. This treaty will apply from 1 January 2017.
South Africa and Brazil On 29 November 2016, the South African Parliament ratified the amending protocol of income tax treaty with Brazil that was signed on 31 July 2015.
South Africa and Zimbabwe On 29 November 2016, the South African Parliament ratified the income tax treaty with Zimbabwe. Once in force and effective, the new treaty will replace the existing DTA of 1965.
Russia and Singapore On 25 November 2016, the amending protocol of income tax treaty between Russia and Singapore was entered into force that was signed on 17 November 2015. This protocol will apply from 1 January 2017.
Belgium and Canada On 24 November 2016, the Belgian parliament approved the amending protocol of income tax treaty with Canada that was signed on 1 April 2014 for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income.
Belgium and Poland On 24 November 2016, the Belgian parliament approved the amending protocol of income tax treaty with Poland that was signed on 14 April 2014 for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income.
Belgium and United Kingdom On 24 November 2016, the Belgian parliament approved the amending protocol of income tax treaty with United Kingdom that was signed on 13 March 2014 for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income.
St. Kitts and Nevis and UAE On 24 November 2016, the income tax treaty between St. Kitts and Nevis and the United Arab Emirates was signed for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income, in Dubai.
India and New Zealand On 23 November 2016, the Union Cabinet of India approved the amending protocol of income tax treaty with New Zealand that was signed on 26 October 2016 for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income.
Morocco and Madagascar On 21 November 2016, the income tax treaty between Madagascar and Morocco was signed for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income, in Antananarivo.
Liechtenstein and Andorra On 21 November 2016, the income and capital tax treaty between Andorra and Liechtenstein was entered into force for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income. This treaty will apply from 1 January 2017.
Azerbaijan and Malta On 20 November 2016, Azerbaijan ratified the income tax treaty with Malta for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income.
Azerbaijan and Sweden On 20 November 2016, Azerbaijan ratified the income tax treaty with Sweden for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income.
Hungary and Turkmenistan On 19 November 2016, the income and capital tax treaty between Hungary and Turkmenistan was entered into force for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income. This treaty will apply from 1 January 2017.
Morocco and Ethiopia The income tax treaty between Ethiopia and Morocco was signed a tax treaty for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income, following a meeting held from 18 to 19 November 2016 in Addis Ababa.
Cyprus and India On 18 November 2016, the income tax treaty between Cyprus and India was signed. Once in force and effective, the new treaty will replace the existing DTA of 1994.
Serbia and Korea (Rep.) On 17 November 2016, the income tax treaty between Korea and Serbia was entered into force for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income. This treaty will apply from 1 January 2017.
South Africa and Singapore On 16 November 2016, the South African Parliament ratified the income tax treaty with Singapore for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income. Once in force and effective, the new treaty will replace the existing DTA of 1996.
South Africa and UAE On 16 November 2016, the South African Parliament ratified the income tax treaty with United Arab Emirates for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income.
Jordan and Saudi Arabia According to Official Gazette No. 5431 of 16 November 2016, Jordan has ratified the income tax treaty with Saudi Arabia for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income.
Bahrain and Egypt On 15 November 2016, the Egyptian parliament approved the income tax treaty with Bahrain for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income. Once in force and effective, the new treaty will replace the existing DTA of 1997.
Germany and Macedonia On 14 November 2016, Germany and Macedonia was signed an amending protocol of income and capital tax treaty for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income.
United Kingdom and Uruguay On 14 November 2016, the income and capital tax treaty between United Kingdom and Uruguay was entered into force for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income. This treaty will apply from 1 January 2017, except for article 21, and from 14 November 2016 for article 25 and 26.
Ecuador and Russia On 14 November 2016, the income tax treaty between Ecuador and Russia was signed for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income, in Sochi.
Gabon and Saudi Arabia On 14 November 2016, the Saudi Arabian cabinet approved the income tax treaty with Gabon that was signed on 17 December 2015.
Switzerland and United Kingdom On 14 November 2016, the Switzerland and the United Kingdom signed an agreement to terminate the income tax treaty of 2011. This agreement will cease to apply from 1 January 2017. The new agreement will be terminated upon the entry into force of the EU and Switzerland Savings Directive Agreement of 2015.
Estonia and Vietnam On 13 November 2016, the income tax treaty between Estonia and Vietnam was entered into force for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income.  This treaty will apply from 1 January 2017.
Laos and Singapore On 11 November 2016, the income tax treaty between Laos and Singapore was entered into force for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income.  This treaty will apply from 1 January 2017.
Switzerland and Austria On 11 November 2016, Switzerland and Austria signed an agreement to terminate the income tax treaty of 2012. This agreement will cease to apply from 1 January 2017. The new agreement will be terminated upon the entry into force of the EU and Switzerland Savings Directive Agreement of 2015.
Belgium and Mexico On 10 November 2016, the Belgian parliament approved the amending protocol of income tax treaty with Mexico that was signed on 26 August 2013.
Belgium and Norway On 10 November 2016, the Belgian parliament approved the income tax treaty with Norway. Once in force and effective, the new treaty will replace the existing DTA of 1988.
Belgium and Uzbekistan On 10 November 2016, the Belgian parliament approved the amending protocol of income tax treaty with Uzbekistan that was signed on 18 February 2015 for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income.
Finland and Sri Lanka On 10 November 2016, the Finnish government submitted a bill to parliament for ratification of the income tax treaty with Sri Lanka that was signed on 6 October 2016 in Colombo. Once in force and effective, the new treaty will replace the existing DTA of 1982.
Ecuador and UAE On 9 November 2016, the income tax treaty between Ecuador and the United Arab Emirates was signed for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income, in Dubai.
Finland and Portugal On 7 November 2016, the income tax treaty between Finland and Portugal was signed for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income, in Brussels. Once in force and effective, the new treaty will replace the existing DTA of 1970.
Algeria and Mauritania On 4 November 2016, the income and capital tax treaty between Algeria and Mauritania was entered into force for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income. This treaty will apply from 1 January 2017.
Hong Kong and Romania On 4 November 2016, the Romanian president signed a law ratifying the income tax treaty with Hong Kong for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income. The ratification law still needs to be published in the Official Gazette.
Austria and Liechtenstein On 4 November 2016, the parliament of Liechtenstein approved the amending protocol of income and capital tax treaty with Austria that was signed on 15 September 2016 for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income.
Italy and Panama On 3 November 2016, Italy ratified the income tax treaty with Panama for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income, as published in Official Gazette No. 272 of 21 November 2016.
Chile and Italy On 3 November 2016, Italy ratified the income tax treaty with Chile for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income, as published in Official Gazette No. 274 of 23 November 2016.
Portugal and France On 3 November 2016, the Portuguese Council of Ministers approved the amending protocol of income tax treaty with France that was signed on 25 August 2016 for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income.
Portugal and Montenegro On 3 November 2016, the Portuguese Council of Ministers approved the income tax treaty with Montenegro that was signed on 12 July 2016.
Serbia and Armenia On 3 November 2016, the income and capital tax treaty between Armenia and Serbia was entered into force for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income. This treaty will apply from 1 January 2017.
Lesotho and United Kingdom On 3 November 2016, the income tax treaty between Lesotho and United Kingdom was signed in London. Once in force and effective, the new treaty will replace the existing DTA of 1997.
Argentina and UAE On 3 November 2016, the income tax treaty between Argentina and the United Arab Emirates was signed for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income, in Dubai.
Ethiopia and Korea (Rep.) On 3 November 2016, the Korean National Assembly ratified the income tax treaty with Ethiopia for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income.
Hungary and Oman On 2 November 2016, the income tax treaty between Hungary and Oman was signed for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income, in Muscat.
Colombia and United Kingdom On 2 November 2016, the income tax treaty between Colombia and the United Kingdom was signed for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income, in London.
Latvia and Switzerland On 2 November 2016, an amending protocol of income and capital tax treaty between Latvia and Switzerland was signed in Riga.
Bahrain and Portugal On 1 November 2016, the income tax treaty between Bahrain and Portugal was entered into force for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income.  This treaty will apply from 1 January 2017.
China and Malaysia On 1 November 2016, China and Malaysia was signed an exchange of notes of income tax treaty for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income, in Beijing.
Bahrain and Spain On 31 October 2016, the Cabinet of Bahrain authorized the Minister of Finance to sign the income tax treaty with Spain for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income.
Cyprus and Latvia On 27 October 2016, the income tax treaty between Cyprus and Latvia was entered into force for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income. This treaty will apply from 1 January 2017.
United Kingdom and Uruguay On 27 October 2016, Uruguay ratified the income and capital tax treaty with United Kingdom for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income, by way of Law No. 19.443.
Finland and Turkmenistan On 20 October 2016, the Finnish government submitted a bill to parliament for ratification of the income tax treaty with Turkmenistan that was signed on 12 December 2015 in Ashgabat.
Oman and Switzerland On 13 October 2016, the income tax treaty between Oman and Switzerland was entered into force for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income. This treaty will apply from 1 January 2017. From this date, the new treaty will replace the existing DTA of 2007.
Hungary and Turkmenistan Hungary ratified the income and capital tax treaty with Turkmenistan for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income, as published in the Official Gazette of 4 October 2016.
Chile and China On 8 August 2016, the income tax treaty between Chile and China was entered into force for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income. This treaty will apply from 1 January 2017.