France and Moldova On 25 January 2024, the French lower house of parliament approved the Double Taxation Agreement (DTA) with Moldova.
Rwanda and Jordan On 25 January 2024, the Rwandan Cabinet gave its approval to the draft law for ratifying the Double Taxation Agreement (DTA) with Jordan.
Croatia and Hong Kong On 24 January 2024, the Govt. officials from Croatia and Hong Kong signed a Double Taxation Agreement (DTA) between two nations for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income. The DTA contains withholding tax rates for Dividends 5%, Interest 5%, and Royalties 5%.
Qatar and Tajikistan On 22 January 2024, the Govt. officials from Qatar and Tajikistan signed a Double Taxation Agreement (DTA) between two nations for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income.
Algeria and Japan On 20 January 2024, the Double Taxation Agreement (DTA) between Algeria and Japan entered into force. The DTA contains withholding tax rates for Dividends 5% for at least 25% capital holding; otherwise, 10%, Interest 7%, and Royalties 10%. The DTA will apply from 1 January 2025.
Iran and Slovak Republic On 18 January 2024, the Slovak Republic government granted authorization for the signing of an amending protocol to update the Double Taxation Agreement (DTA) with Iran.
Albania, Azerbaijan, New Zealand, Saudi Arabia, and Slovak Republic On 18 January 2024, the President of the Slovak Republic signed a law ratifying the Double Taxation Agreements (DTAs) with Albania, Azerbaijan, New Zealand, and Saudi Arabia.
Nigeria and United Arab Emirates On 17 January 2024, Nigerian Cabinet granted approval for the Double Taxation Agreement (DTA) with the United Arab Emirates (UAE).
Andorra and Iceland On 17 January 2024, Andorra officially announced in the Official Gazette the ratification of the Double Taxation Agreement (DTA) with Iceland.  The DTA contains withholding tax rates for Dividends 10%, Interest 5%, and Royalties 5%.
France and Luxembourg On 17 January 2024, the French Council of Ministers approved the amending protocol to the Double Taxation Agreement (DTA) with Luxembourg.
Austria and Germany On 16 January 2024, a notice was issued in Austria’s Official Gazette confirming that the amending protocol to the Double Taxation Agreement (DTA) with Germany became effective on 28 December 2023. The protocol is applicable from 1 January 2024.
Liechtenstein and Romania On 12 January 2024, Mr. Klaus Iohannis, the President of Romania signed a Decree ratifying the Double Taxation Agreement (DTA) with Liechtenstein.
Czech Republic, Rwanda, and Sri Lanka On 12 January 2024, Mr. Petr Pavel, the President of the Czech Republic ratified the Double Taxation Agreements (DTAs) with Sri Lanka and Rwanda.
Egypt and Qatar On 10 January 2024, the Qatar Cabinet gave its approval for the ratification of the Double Taxation Agreement (DTA) with Egypt.
Oman and Saudi Arabia On 9 January 2024, the Saudi Cabinet granted authorization to the Ministry of Finance to sign a Double Taxation Agreement (DTA) with Oman.
Denmark, Latvia, and Russia On 9 January 2024, the Russian Ministry of Foreign Affairs published official statements confirming that the termination of the Double Taxation Agreements (DTAs) with Denmark and Latvia has come into effect as of 1 January 2024.
Jordan and Rwanda On 7 January 2024, the Govt. officials from Jordan and Rwanda signed a Double Taxation Agreement (DTA) between two nations for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income.
France and Greece On 30 December 2023, the Double Taxation Agreement (DTA) between France and Greece entered into force. The DTA contains withholding tax rates for Dividends 0% for at least 5% capital holding; otherwise, 15%, Interest 5%, and Royalties 5%. The DTA applied from 1 January 2024.
Germany and Luxembourg On 29 December 2023, the amending protocol to the Double Taxation Agreement (DTA) between Germany and Luxembourg entered into force, and applied from 1 January 2024.
Denmark and France On 29 December 2023, the Double Taxation Agreement (DTA) between Denmark and France entered into force. The DTA contains withholding tax rates for Dividends 0% for at least 10% capital holding; otherwise, 15%, Interest 0%, and Royalties 0%. The DTA applies from 1 January 2024.
Croatia and Egypt On 28 December 2023, the Double Taxation Agreement (DTA) between Croatia and Egypt entered into force. The DTA contains withholding tax rates for Dividends 5% for at least 20% capital holding; otherwise, 10%, Interest 10%, and Royalties 10%. The DTA applies from 1 January 2024.
Oman and Russia On 28 December 2023, the Double Taxation Agreement (DTA) between Oman and Russia entered into force. The DTA contains withholding tax rates for Dividends 10% for at least 20% capital holding; otherwise, 15%, Interest 10%, and Royalties 10%. The DTA applies from 1 January 2024.
Croatia and Cyprus On 28 December 2023, the Double Taxation Agreement (DTA) between Croatia and Cyprus entered into force. The DTA contains withholding tax rates for Dividends 5%, Interest 5%, and Royalties 5%. The DTA applies from 1 January 2024.
France, Kenya, and Korea, Rep Of On 27 December 2023, the French tax authority announced the activation of the most favored nation (MFN) clause in their Double Taxation Agreement (DTA) with Kenya, triggered by Kenya’s DTA with Korea, Rep Of. This results in revised withholding tax rates on dividends under the France-Kenya treaty, set at 8% for companies owning at least 25% of the paying company’s capital, and 10% for other cases.
Korea, Rep Of and Taiwan On 27 December 2023, the Double Taxation Agreement (DTA) between Korea, Rep Of and Taiwan entered into force. The DTA contains withholding tax rates for Dividends 10%, Interest 10%, and Royalties 10%. The DTA applied from 1 January 2024.
Germany and Lithuania On 19 December 2023, the amending protocol to the Double Taxation Agreement (DTA) between Germany and Lithuania entered into force, and applied from 1 January 2024.
Germany and Bulgaria On 13 December 2023, the amending protocol to the Double Taxation Agreement (DTA) between Bulgaria and Germany entered into force, and applied from 1 January 2024.
Jordan and Switzerland On 13 December 2023, the Govt. officials from Jordan and Switzerland signed a Double Taxation Agreement (DTA) between two nations for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income.
Sri Lanka and Turkey On 11 December 2023, the Double Taxation Agreement (DTA) between Sri Lanka and Turkey entered into force. The DTA contains withholding tax rates for Dividends 7.5% for at least 10% capital holding; otherwise, 10%, Interest 10%, and Royalties 10%. The DTA applies in Turkey as of 1 January 2024 and in Sri Lanka as of 1 April 2024.
Cambodia and Turkey The Double Taxation Agreement (DTA) between Cambodia and Turkey, signed on 27 February 2022, has entered into force and applies from 1 January 2024. This agreement, the first of its kind between the two nations, sets withholding tax rates at 10% for dividends, interest, royalties, and fees for technical services.