DTAs between Portugal, East Timor and Panama ratified by Portugal

15 August, 2012

According to Portugal's Official Gazette, the double taxation agreements (DTAs) signed between Portugal and East Timor, and Portugal and Panama were ratified by Portugal on August 9,

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Argentina notified Chile to terminate the bilateral DTA

05 July, 2012

Argentina notified Chile on July 1, 2012, that it wishes to terminate the bilateral double taxation agreement (DTA) in place between the two countries. The agreement will be repealed on December 31,

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Canada: welcomes IRS tax return help

02 July, 2012

Canadian Finance Minister has welcomed the US government's decision to help dual citizens residing in Canada deal with their US tax filing obligations. The Internal Revenue Service (IRS) will also offer assistance to those with Canadian retirement

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TIEA between Argentina and Andorra entered into force

29 June, 2012

According to media reports, the TIEA signed between Argentina and Andorra entered into force on June 15,

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TIEA between Argentina and San Marino enters into force

25 June, 2012

According to media reports, the tax information exchange agreement (TIEA) signed between Argentina and San Marino entered into force on June 16,

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Brazil Eases IOF Tax

22 June, 2012

It has been published on 22 June 2012 that the Brazilian government has reduced the scope of the financial transactions tax on foreign loans after concerns about the strength of the domestic currency eased. The government had previously announced

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New DTA signed between New Zealand and Canada

21 June, 2012

The double taxation agreement (DTA) signed between New Zealand and Canada on March 3, 2012, which replaces the existing DTA signed between the two countries, was forwarded to New Zealand's parliament on June 18, 2012, as part of the nation's

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Denmark’s parliament approved two bills regarding DTA

06 June, 2012

On May 24, 2012, Denmark's parliament approved two bills that would ratify the double taxation agreement (DTA) signed between Denmark and Hungary, and a Protocol amending the DTA signed between Denmark and

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Canada and Poland signed a Protocol to amend the existing DTA

23 May, 2012

On May 14, 2012, Canada and Poland signed a Protocol to amend the existing 1987 double taxation agreement (DTA). The Protocol in particular lowers the rates of withholding tax applicable under the

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Negotiation concluded between China and Ecuador towards DTA

23 May, 2012

On 11th May 2012, China and Ecuador concluded four days of negotiations towards a double taxation agreement

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US President forwards DTA between Chile and the United States to the Senate

21 May, 2012

On 17th May 2012, United States President Barack Obama forwarded the pending double taxation agreement (DTA) signed between Chile and the United States on February 4, 2010, to the Senate as part of the ratification procedures necessary to bring the

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DTA between China and Ecuador under negotiation

18 May, 2012

China and Ecuador held the first round of their negotiations towards a double taxation agreement (DTA) during five days of meetings in Beijing, which concluded on May 11,

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Mexico and Qatar Sign DTA

15 May, 2012

On May 14, 2012 Mexico’s Deputy Secretary of the Treasury and Public Credit and Qatar's Director of Public Revenues and Taxes signed a double taxation agreement (DTA) between their two countries. It can be expected that the agreement will

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Uruguay to Exchange Tax Information with Argentina

01 May, 2012

On 1 May 2012 it was reported that Uruguay has agreed to share tax information with Argentina, under a landmark double tax agreement recently signed between the two nations. Uruguay's economy minister, Fernando Lorenzo has said that the terms of the

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Canada Promotes Budget’s Trade Benefits

06 April, 2012

Canada's 2012 Budget will help expand trade and open new markets for businesses, the Minister in charge has said. Ted Menzies, the Minister of State (Finance), spoke at the Economic Club of Canada in Ottawa to promote the benefits of the new Budget,

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Peru to Boost Tax Take

22 March, 2012

On 22 March 2012, Peru's Finance Minister announced that Peruvian authorities are to target non-compliant taxpayers, aiming to boost the tax take by 2.5% of gross domestic product (GDP) within a four-year period, whilst maintaining tax rates. The

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Brazil, Mexico Clash over Auto Agreement

19 March, 2012

According to reports on 19 March 2012 the Mexican government has resisted the Brazilian government's request to significantly limit car imports for the next three years in talks initiated after Brazil threatened to walk away from a long-standing

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US Senate Passes Highways Tax Bill

16 March, 2012

On March 14, 2012, the United States Senate passed, on a bipartisan basis, a bill to provide for an extension of highway-related taxes and the funding of infrastructural spending by the Federal Highway Trust Fund (FHTF), which included an anti-tax

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