Denmark and France On 28 March 2023, Denmark ratified the new Double Taxation Agreement (DTA) with France, as published in the Danish official gazette. The DTA contains withholding tax rates for Dividends 0% for at least 10% capital holding; otherwise, 15%, Interest 0%, and Royalties 0%.
Paraguay and Spain On 25 March 2023, the Double Taxation Agreement (DTA) between Paraguay and Spain was signed during the XXVIII Ibero-American Summit for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income.
Andorra and Korea, Rep Of On 23 March 2023, Govt. officials from Andorra and South Korea concluded negotiations with the initialing of a Double Taxation Agreement (DTA) between two countries.
Finland and France On 23 March 2023, Finland’s Ministry of Finance approved to sign a new Double Taxation Agreement (DTA) with France. Once in force and effective, the new DTA will replace the former DTA of 1970.
Botswana and Mauritius On 17 March 2023, the Mauritius Cabinet approved to sign a new Double Taxation Agreement (DTA) with Botswana. Once in force and effective, the new DTA will replace the former DTA of 1995.
Congo and United Arab Emirates On 13 March 2023, the Double Taxation Agreement (DTA) between Congo and the United Arab Emirates (UAE) was signed for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income.
Brazil and Poland On 9 March 2023, the lower house of the Polish parliament approved the Double Taxation Agreement (DTA) with Brazil.
Kazakhstan and Portugal On 3 March 2023, the Kazakhstan’s Ministry of Finance published a draft government resolution for consultation on the signing of a Double Taxation Agreement (DTA) with Portugal. The last date for submitting comments was 20 March 2023.
Austria and Korea, Rep Of On 1 March 2023, the amending protocol to the Double Taxation Agreement (DTA) between Austria and Korea (Rep.) entered into force. The protocol generally applies from 1 January 2024.
Latvia and Russia On 28 February 2023, Russia published Law No 40-FZ, which provides for the termination of the Double Taxation Agreement (DTA) with Latvia. Now Russia needs to give formal notice of termination. If the termination notice is given by 30 June 2023, the DTA will be terminated from 1 January 2024.
Switzerland and Tajikistan On 28 February 2023, the Swiss Council of States approved the amending protocol to the Double Taxation Agreement (DTA) with Tajikistan.
Kenya and Turkey On 23 February 2023, Kenya and Turkey initialed a Double Taxation Agreement (DTA), following a successful second round of negotiations.
Iran and Switzerland On 20 February 2023, the amending protocol to the Double Taxation Agreement (DTA) between Iran and Switzerland entered into force. The protocol will apply from 1 January 2024 in Switzerland and from 21 March 2024 in Iran.
Belgium and Luxembourg On 10 February 2023, the amending protocol to the Double Taxation Agreement (DTA) between Belgium and Luxembourg entered into force. The protocol applies retroactively from 1 January 2022.
Monaco and Montenegro On 14 January 2023, the Double Taxation Agreement (DTA) between Monaco and Montenegro entered into force. The DTA contains withholding tax rates for Dividends 5% for at least 10% capital holding; otherwise, 10%, Interest 10%, and Royalties 5% for the use of, or the right to use any copyright of literary, artistic, or scientific work or computer software; otherwise, 10%. The DTA generally applies from 1 January 2024.