Nigeria: New application guidelines issues on pioneer status tax incentive
The Nigeria Investment Promotion Commission (NIPC) issued pioneer status incentive application guidelines (NIPC Application Guidelines) for potential investors in the country. This application guidelines effects from August 1, 2017. It gives
See MoreUAE: FTA discloses online VAT registration deadlines
The Federal Tax Authority (FTA) has announced an online VAT registration systems for businesses, which is scheduled on January 1, 2018. Also, government prepares to introduce the 5% levy on January 1, 2018. The FTA website will simplify the
See MoreDTA signs between Botswana and Malta
On 2 October 2017, According to a press release of Maltese government, a Double Taxation Agreement (DTA) has been signed with Botswana for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on
See MoreAngola: Tax authority establishes transfer pricing unit
On September 25, 2017, the Ministry of Finance issued the order no. 678/17 establishing the Transfer Pricing Unit (TPU) to ensure and control compliance with the requirement to submit transfer pricing documents. In addition to ensuring and
See MoreUAE: DTA signs with Costa Rica
The Minister of Foreign Affairs and Worship in Costa Rica, Manuel A. Gonzalez Sanz, has made a visit to attend a meeting at the ministry in capital San Jose and to meet with Assistant Minister of Foreign Affairs and International Cooperation for
See MoreUAE: DTA signs with Iraq
The Double Taxation Agreement (DTA) between Iraq and the United Arab Emirates was signed on October 3, 2017, for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on
See MoreUAE: Excise tax on tobacco, energy and soft drinks enters into effect
The Ministry of Finance was published the implementing regulations to the Excise Tax Law. This Excise Tax Law regarding production of excise goods in the UAE, import of excise goods in the UAE, release of excise goods from a designated zone and
See MoreDTA between Switzerland and Zambia signs
The Double Taxation Agreement (DTA) between Switzerland and Zambia was signed in Lusaka on 29 August 2017. Once in force and effective, the new treaty will replace the existing DTA of 1954. The agreement contains Dividends rate 5% for at least 10%
See MoreTurkey: Government introduces new tax plan
The Finance Minister, Naci Ağbal, announced significant tax increases on September 27, 2017 during the Medium Term Program meeting (2018-2020). A new legislative proposal increasing corporate income tax from 20% to 22% for financial sector and
See MoreArmenia: New DTAs with Kyrgyzstan and Uzbekistan
On 25 September 2017, Ministry of Finance of Armenia published a press release that Armenia will sign Double Taxation Agreements (DTA) with Kyrgyzstan and Uzbekistan by the end of this
See MoreDTA signs between Kenya and China
On 21 September 2017, Kenya and China signed a Double Taxation Agreement (DTA) that aims to boost bilateral commercial ties, Kenyan officials said. Cabinet Secretary in the National Treasury Henry Rotich told a media briefing in Nairobi that the
See MoreTurkey, Kuwait signs an amending protocol to DTA
The amending protocol of Double Taxation Agreement (DTA) between Kuwait and Turkey was signed On September 14, 2017, for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income, in
See MoreLatvia and Oman sign a MOU on bilateral political consultations
On 18 September, during the 72nd session of the United Nations General Assembly in New York, the Minister of Foreign Affairs of Latvia, Mr. Edgars Rinkēvičs, met with Mr. Yusuf bin Alwi bin Abdullah, the Sultanate of Oman’s Minister
See MoreUAE: DTA ratifies with Argentina
The United Arab Emirates (UAE) ratified the Double Taxation Agreement (DTA) with Argentina on August 23, 2017, for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on
See MoreUAE: DTA ratifies with Equatorial Guinea
The United Arab Emirates (UAE) ratified the Double Taxation Agreement (DTA) on August 23, 2017, with Equatorial Guinea for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on
See MoreUAE: DTA ratifies with Gambia
The United Arab Emirates (UAE) ratified the Double Taxation Agreement (DTA) on August 23, 2017, with Gambia for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income. The agreement contains dividends
See MoreDTA between Portugal and Ivory Coast enters into force
On 8 September 2017, Portugal published a notice declaring the entry into force of the Double Taxation Agreement (DTA) with the Ivory Coast on 18 August 2017 and it will apply from 1 January 2018. The agreement contains Dividends rate 10%, Interest
See MorePortugal, Sao Tome and Principe DTA enters into force
On 8 September 2017, Portugal published a notice declaring the entry into force of the Double Taxation Agreement (DTA) with Sao Tome and Principe on 12 July 2017 and it will apply from 1 January 2018. The agreement contains Dividends rate 10% for at
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