TIEA between Argentina and UAE enters into force

25 January, 2017

The Exchange of Information Agreement regarding tax matters (TIEA) of 2016 between Argentina and United Arab Emirates has been entered into force on 17th January 2017 and it also effects from 17th January

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UAE ratifies TIEA with Colombia

24 January, 2017

On 15 January 2017, the United Arab Emirates (UAE) ratified the Tax Information Exchange Agreement (TIEA) with Colombia by way of Decree 227-2016. Furthermore, this Agreement provides for the effective exchange of information regarding tax matters

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Algeria ratifies FATCA agreement with United States

24 January, 2017

Algeria has ratified an intergovernmental agreement signed on October 2015 with the United States by way of Presidential Decree No. 16-328, as published in Official Gazette No. 74 of 18 December 2016. The US-Algeria IGA is based on the

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TIEA between Finland and UAE ratified

24 January, 2017

The Exchange of Information Agreement of 2016 regarding tax matters (TIEA) between Finland and United Arab Emirates (UAE) has been ratified on 15th January 2017 by United Arab Emirates. The treaty has been ratified by the way of Decree No.

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Iran ratifies the income tax treaty with Cyprus

24 January, 2017

The President of Iran signed a law, on 3 January 2017, ratifying the Cyprus - Iran Income Tax Treaty (2015). The treaty was signed on 4 August 2015. The DTT is based on the OECD Model Tax Convention on Income and on Capital of 2010 (the “OECD

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UAE ratified TIEA with Norway

23 January, 2017

The tax information exchange agreement (TIEA) between Norway and the United Arab Emirates has been ratified by the United Arab Emirates on 15 January 2017 according to the Decree No.

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UAE ratified TIEA with Iceland

23 January, 2017

The tax information exchange agreement (TIEA) between Iceland and the United Arab Emirates has been ratified by the United Arab Emirates on 15 January 2017 according to the Decree No. 223/2016.This TIEA was signed on 12 April

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Social security agreement between Bulgaria and Tunisia approves

22 January, 2017

The Social Security Agreement of 2015 between Bulgaria and Tunisia has been approved on 17th January 2017 by the Tunisian National

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DTA between UAE and UK entered into force

22 January, 2017

The Income Tax Agreement between the United Arab Emirates (UAE) and the United Kingdom (UK) has been come into force on 25th December 2016 for avoiding double taxation and it was signed on 12th April 2016. In accordance with article 26, the

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Moldova and Turkey: Social Security Agreement initialed

21 January, 2017

In accordance with a press release published by the Moldovan Ministry, a Social Security Agreement between Moldova and Turkey has been initialed in Chisinau. This treaty has expected to be signed later this

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UAE: DTA signed with Paraguay

18 January, 2017

An Income Tax Treaty between United Arab Emirates (UAE) and Paraguay was signed on 16th January 2017 in Abu Dhabi for avoiding double

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Protocol to a treaty between India and Kuwait signed

18 January, 2017

The Kuwaiti Ministry of Finance on 15 January 2017, signed a protocol with India amending the agreement between the two countries to avoid double taxation on income and to prevent tax evasion. The protocol amends the types of Kuwaiti taxes in

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Jersey: DTA with the Seychelles enters into force

18 January, 2017

The Income Tax Treaty of 2015 between Jersey and Seychelles entered into force on 5th January 2017. The provisions of the treaty will be applicable from 1st January

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Tajikistan: MoF of Tajikistan initials a DTA with Qatar

13 January, 2017

An Income and Capital tax treaty between Qatar and Tajikistan has been initialed by the Tajik Ministry of

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Slovenia: DTA between Slovenia and Morocco ratified

10 January, 2017

The Income Tax Treaty of 2016 between Morocco and Slovenia was ratified on 15th December 2016 by Slovenia and published in official gazette of 30th December 2016. This treaty was signed on 5th April

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Saudi Arabia-Circular on rules for determining Zakat and income tax liabilities for listed companies

09 January, 2017

The General Authorities for Zakat and Tax (GAZT) amended the determination procedure for the Zakat and income tax liability of listed companies by circular 6768/16/1438 of 4 December 2016. Prior to this, Saudi listed companies were subject to Zakat

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Nigeria: Finance Ministry issues amended regulation to reinstate WHT rate

09 January, 2017

The Finance Minister of Nigeria has issued amended regulations to increase the withholding tax (WHT) rate from 2.5% to 5% for all aspects of building, construction, and related activities (excluding survey, design and deliveries). The Regulation

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Turkey: General Communiqué No. 11 on CIT Law gazetted

06 January, 2017

General Communiqué No. 11 regarding the Corporate Income Tax Law (Law No. 5520) was gazetted on 31st December 2016 and amends General Communiqué No. 1. The measure entered into force on the day of its publication. The Communiqué gives

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