Belgium, Macedonia DTA enters into force
On 17 July 2017, the Double Taxation Agreement (DTA) between Belgium and Macedonia was entered into force and it will apply from 1 January 2018. From this date, the new treaty will replace the existing DTA of
See MoreBelgium: Corporate tax reform
On 27 October 2017, according to a press release, on the proposal of the Minister of Finance, the government approved the corporate tax reform. The corporate tax reform process would take place in two phases, 2018 and 2020. Under the tax reform,
See MoreItaly: Cabinet approves 2018 budget bill
The Council of Ministers of Italy approved the draft Budget Law for 2018 on 16 October 2017. The main tax measures according to the approved Budget law are as follows: -incentives specifically on the temporary accelerated depreciation regime, the
See MoreSpain: Council of Ministers authorizes to sign DTA with Romania
On 13 October 2017, the Council of Ministers of Spain authorized to sign a Double Taxation Agreement (DTA) with Romania. Once in force and effective, the new treaty will replace the existing DTA of
See MoreSpain: Cabinet approves the DTA with Finland
On 6 October 2017, the Cabinet of Spain approved the Double Taxation Agreement (DTA) with Finland 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
See MoreSpain: Congress of Deputies approves the DTA with Finland
On 17 October 2017, the Spanish Congress of Deputies approved the Double Taxation Agreement (DTA) with Finland for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income. Once in force and effective,
See MoreDouble tax treaty between Cyprus and Ethiopia enters in to force
On 19 October 2017, the Double Taxation Agreement (DTA) between Cyprus and Ethiopia was entered into force and it will apply from 1 January 2018 in Cyprus and from 8 July 2018 in
See MoreCyprus and Mauritius sign an amending protocol to double tax treaty
An amending protocol to the double taxation agreement between Cyprus and Mauritius of 21 January 2010 was signed on 23 October 2017. The Protocol revises the provisions on information exchange in order to comply with the OECD Model Tax
See MoreFinland: DTA with Germany will enter into force on 16 November 2017
On 16 November 2017, the Double Taxation Agreement (DTA) between Finland and Germany will enter into force and it will apply from 1 January 2018. From this date, the new treaty will replace the existing DTA of
See MoreLatvia and Vietnam sign an agreement for the avoidance of double taxation
On October 19, 2017, an intergovernmental agreement on the elimination of double taxation and the prevention of fiscal evasion with respect to income tax was concluded between the Republic of Latvia and the Socialist Republic of Vietnam. The
See MoreRomania authorizes to sign DTA with UK
On 18 October 2017, the Romanian government authorized to sign a Double Taxation Agreement (DTA) with the United Kingdom. Once in force and effective, the new treaty will replace the existing DTA of
See MoreBelgium approves DTA with Japan
On 19 October 2017, the Cabinet of Belgium 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. Once in force and effective, the new treaty
See MoreNetherlands: The new Dutch Government publishes Policy Paper
The new Dutch government published its Policy Paper on 10th October 2017. The paper highlights the policy of the new Dutch government for the next four years. The new four-party coalition government was formed after extensive negotiations after the
See MorePortugal: Budget for 2018 presented to the Parliament
The Portuguese Budget Bill for 2018 was presented to the Parliament on 13 October 2017. The most important features of the Budget Bill are as follows: -Gains derived from the transfer of shares or rights of non-Portuguese entities, with more than
See MoreKazakhstan: DTA signs with Croatia
On 12 October 2017, the Double Taxation Agreement (DTA) between Croatia and Kazakhstan was signed for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income, in
See MoreTurkey: Social Security Agreement signs with Poland
A Social Security Agreement was signed on October 17, 2017 between Turkey and Poland. The Treaty will enter into force after the ratification processes of two countries are
See MoreDenmark: Planning to launch a pilot scheme to support SMEs on compliance matters
The Danish tax agency will launch a pilot scheme to support small- and medium-sized enterprises on value-added tax and direct tax compliance matters from 1 January 2018. The Government said, the new "VAT and tax check" will allow companies to
See MoreSpain: Cabinet approves the ratification of income tax treaty with Qatar
On October 11, 2017, the Spanish Council of Ministers approved the ratification of the pending income tax treaty with Qatar. The treaty was signed on 10 September 2015 and is the first of its kind between the two countries and will enter into force
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