DTA between Andorra and Malta enters into force
On 27 September 2017, the Double Taxation Agreement (DTA) between Andorra and Malta was entered into force and it will apply from 1 January 2018. The agreement contains Dividends rate 0%, Interest rate 0% and Royalties rate
See MoreDTA signs between Belarus and UK
On 26 September 2017, the Double Taxation Agreement (DTA) between Belarus and the United Kingdom was signed, in Minsk. Once in force and effective, the new treaty will replace the existing DTA of 1985. The agreement contains Dividends rate 5%,
See MoreDTA between Belarus and Ecuador enters into force
On 16 August 2017, the Double Taxation Agreement (DTA) between Belarus and Ecuador was entered into force and it will apply from 1 January 2018. On 25 September 2017, Ministry of Taxes and Levies of Belarus announced it in their website. The
See MoreDTA between Kosovo and Switzerland ratifies
The Kosovo has ratified the Double Taxation Agreement (DTA) with Switzerland for the avoidance of double taxation on 10th August 2017 and the prevention of fiscal evasion with respect to taxes on
See MoreSwitzerland: Federal Council initiates consultation on tax proposal 17
The Federal Council initiated the consultation on tax proposal 17 (TP17) on 6th September 2017. The proposal will make a significant contribution to having an appealing location and thus to added value, jobs and tax receipts. The reform will
See MoreIceland: Parliament passes legislation amending to interest deduction
The parliament has passed legislation amending article 57(b) of the Income Tax Act No. 90/2003 on 1st June 2017. According to the previous article 57 (b) of the Income Tax Law No 90 /, which entered into force on 1 January 2017, the taxpayer’s
See MoreUkraine: The Ministry of Finance publishes a route map for the implementation of the BEPS Action Plan
On 16 May 2017, the Ministry of Finance published a route map for the implementation of the BEPS Action Plan and presented it to experts. Minister of Finance Oleksandr Danyliuk said that the government must ensure that profit tax is collected where
See MoreGuernsey signs OECD Agreement to prevent corporate tax avoidance
Guernsey has signed the Multilateral Convention to implement tax treaty related measures to prevent Base Erosion and Profit Shifting ("Multilateral Instrument" or "MLI"). On 7 June 2017, the President of the Policy & Resources Committee, Deputy
See MoreIceland signs new multilateral convention to prevent tax avoidance
Iceland has signed the Multilateral Convention to Implement Tax Treaty Related Measures to Prevent Base Erosion and Profit Shifting ("Multilateral Instrument" or "MLI"). On 7 June 2017, over 70 Ministers and other high-level representatives
See MoreSwitzerland signs OECD Multilateral Treaty on Double Taxation
Switzerland signed the Multilateral Convention to Implement Tax Treaty Related Measures to Prevent Base Erosion and Profit Shifting ("Multilateral Instrument" or "MLI") on 7th June 2017 in Paris. The Convention is a key outcome of the OECD/G20 Base
See MoreCanada: DTA negotiations with Switzerland
The Finance Department of Canada has declared that negotiations to update its Double Tax Agreements (DTA) with the Swiss Confederation will be held in June 2017. The main objective of this release is to ensure that persons whose interests are
See MoreJersey signs MLI to implement tax treaty related BEPS measures
The Chief Minister of Jersey, Senator Ian Gorst, signed the Multilateral Convention to Implement Tax Treaty Related Measures to prevent Base Erosion and Profit Shifting (MLI) on June 8, 2017 at the OECD Headquarters in Paris. The Multilateral
See MoreBelarus ratifies tax treaty with Hong Kong
On 3 May 2017, the government of Belarus ratified the agreement with Hong Kong for the avoidance of double taxation. The agreement was signed on 16 January 2017 and was adopted by the Belarus House of Representatives on April 19, 2017. The agreement
See MoreSwitzerland: Partial Revision of the VAT Act adopted by Parliament
The Swiss Federal Department of Finance announced that during its meeting on 2 June 2017, it decided that the partial revision of the Value Added Tax Act adopted by the Parliament will come into force on 1st January 2018. Under the new regime, to
See MoreIreland: DTA negotiation with Kosovo
The first round of negotiation of Double Taxation Agreement (DTA) between Ireland and Kosovo are underway for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on
See MoreSwitzerland: Steering committee adopts revised corporate tax reform proposal
The steering committee incorporate of federal and cantonal representatives has adopted recommendations on a balanced corporate tax reform proposal III (TP17) on 1st June 2017 for the attention of the Swiss Federal Council. The new proposals come
See MoreSwitzerland and Kosovo sign double taxation agreement
Switzerland and Kosovo signed a Double Taxation Agreement (DTA) in the area of taxes on income and capital on 26 May 2017. The agreement will ensure legal certainty and a contractual framework that will have a beneficial impact on the two states’
See MoreRussia: Government approves signing of MLI to implement tax treaty related BEPS measures
The Russian government on 20 May 2017, approved the signing of the Multilateral Instrument (MLI) to implement into bilateral tax treaties the tax treaty-related measures arising from the OECD / G20 BEPS Project to tackle base erosion and profit
See More