Libya, Turkey near agreement on first income tax treaty
Libya and Turkey are close to reaching an agreement on an income tax treaty. A tax treaty is a bilateral agreement between two countries aimed at addressing double taxation on both passive and active income earned by their respective citizens.
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Italy ratifies tax treaty with Libya
Italy published Law No. 2 of 16 January 2025 in its Official Gazette on 24 January 2025, ratifying the income tax treaty with Libya. This follows after Italy’s Chamber of Deputies approved the law ratifying the income tax treaty with Libya on 8
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Italy: Chamber of Deputies approve tax treaty with Libya
The Italian Chamber of Deputies approved the law ratifying the income tax treaty with Libya on 8 January 2025. This follows after Italy’s Senate ratified the pending income tax treaty with Libya on 11 September 2024. Signed on 10 June 2009, it
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Italy approves income tax treaty with Libya
Italy’s Senate ratified the pending income tax treaty with Libya on 11 September 2024. Signed on 10 June 2009, this agreement is the first between the two nations, and aims to promote economic cooperation and avoid double taxation between the
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Austria approves negotiation of income tax treaty with Libya
The Austrian Council of Ministers has approved the negotiation of an income tax treaty with Libya on 4 September 2024. A tax treaty is a bilateral agreement between two countries designed to address double taxation on both passive and active
See MoreUS: Treasury Department republishes list of boycott countries that result in restriction of US tax benefits
The list of countries that requires cooperation with, or participation in, an international boycott as a condition of doing business has been republished by the US Treasury Department. The countries listed are Iraq, Kuwait, Lebanon, Libya, Qatar,
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