Andorra and Iceland On 28 February 2023, the Double Taxation Agreement (DTA) between Andorra and Iceland was signed for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income.
Egypt and Qatar On 27 February 2023, the Double Taxation Agreement (DTA) between Egypt and Qatar was signed in Doha for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income.
Albania and Finland On 24 February 2023, Albania ratified the Double Taxation Agreement (DTA) with Finland.
Guernsey and Poland On 23 February 2023, Mr. Andrzej Duda, the President of Poland signed a law ratifying the amending protocol to the Individuals Tax Agreement with Guernsey.
Latvia and Russia On 22 February 2023, the Russian upper house of parliament approved a draft law for the termination of the Double Taxation Agreement (DTA) with Latvia. Under the terms of the DTA, the termination would apply from 1 January 2024, at the earliest, if the notice of termination is given by 30 June 2023.
Belarus and Ukraine On 21 February 2023, the Ministry of Taxes and Duties of Belarus confirmed the termination of the Double Taxation Agreement (DTA) with Ukraine. According to Belarus, the DTA ceased to have effect from 1 January 2023.
Albania and Finland On 16 February 2023, the Albanian Parliament approved the Double Taxation Agreement (DTA) with Finland.
Andorra, Czech Republic, and Monaco On 16 February 2023, Andorra gazetted the law ratifying the Double Taxation Agreements (DTAs) with Monaco and the Czech Republic.
Brazil and Uruguay On 15 February 2023, the Brazilian Chamber of Deputies approved the Double Taxation Agreement (DTA) with Uruguay.
Cameroon and Czech Republic On 7 February 2023, the Double Taxation Agreement (DTA) between Cameroon and the Czech Republic was signed for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income.
Algeria and Japan On 7 February 2023, the Double Taxation Agreement (DTA) between Algeria and Japan was signed. The DTA contains withholding tax rates for Dividends 5% for at least 25% capital holding; otherwise, 10%, Interest 7%, and Royalties 10%. This Agreement is the first tax Agreement to be concluded between Japan and Algeria in light of the development of economic relationship between the two countries.
Czech Republic and Sri Lanka On 3 February 2023, the Double Taxation Agreement (DTA) between the Czech Republic and Sri Lanka was signed in Colombo. Once in force and effective, the new DTA will replace the former DTA of 1978.
Portugal and Timor-leste On 2 February 2023, Portugal issued Notice No. 4 of 2023 in the Official Gazette, declaring that the Double Taxation Agreement (DTA) with Timor-Leste entered into force on 12 October 2022. The DTA contains withholding tax rates for Dividends 5% for at least 25% capital holding; otherwise, 10%, Interest 10%, and Royalties 10%. The DTA applies from 1 January 2023.
Italy and Switzerland On 1 February 2023, the Italian Senate approved a draft law ratifying the amending protocol to the Double Taxation Agreement (DTA) with Switzerland. Once in force and effective, the new DTA will replace the former Treaty of 1974 on taxation of frontier workers.
Andorra and Monaco On 31 January 2023, the General Council of Andorra ratified the Double Taxation Agreement (DTA) with Monaco. The DTA contains withholding tax rates for Dividends 0%, Interest 0%, and Royalties 5%.
Andorra and Czech Republic On 31 January 2023, the Andorran General Council ratified the Double Taxation Agreement (DTA) with the Czech Republic.
Pakistan and Tajikistan On 30 January 2023, the Federal Board of Revenue of Pakistan has published Notification S.R.O No. 82(I)/2023, declaring that the amending protocol to the Double Taxation Agreement (DTA) with Tajikistan entered into force on 17 June 2022. The protocol generally applies from 1 July 2022.
Comoros and Morocco On 13 January 2023, Morocco ratified the Double Taxation Agreement (DTA) with Comoros Islands.
Malaysia and Poland On 12 January 2023, the Double Taxation Agreement (DTA) between Malaysia and Poland entered into force. From 1 January 2024, the new DTA will replace the former Treaty of 1977.
Chile and Uruguay Uruguay’s tax authority has declared that the MFN clause in the Double Taxation Agreement (DTA) with Chile has been triggered in respect of interest payments. With effect from 1 January 2023, the withholding tax rate on interest under the DTA is reduced from 15% to 10% due to DTA between Chile and India.