Kyrgyzstan and UK | On 24 April 2018, the United Kingdom ratified the Double Taxation Agreement (DTA) with Kyrgyzstan. |
Chile, Czech Republic, Denmark, Ireland, Korea (Rep.), Poland, UK and Japan | On 19 April 2018, the tax authority of Chile has issued a Circular No. 22 regarding the activation of the most favored nation (MFN) clauses with respect to interest and royalty income in Double Taxation Agreements (DTAs) with the Czech Republic, Denmark, Ireland, Korea (Rep.), Poland and the United Kingdom as a result of the entry into force of DTA with Japan. The new rates are applicable from 1 January 2017. |
Bangladesh and Morocco | On 19 April 2018, the Council of Ministers of Morocco approved the Double Taxation Agreement (DTA) with Bangladesh. The agreement contains Dividends rate 10%, Interest rate 10% and Royalties rate 10%. |
Switzerland and Ecuador | On 18 April 2018, the Federal Council of Switzerland adopted a dispatch for the approval of an amending protocol of Double Taxation Agreement (DTA) with Ecuador. |
Mexico and Philippines | On 18 April 2018, the Double Taxation Agreement (DTA) between Mexico and Philippines was entered into force and applies from 1 January 2019. The agreement contains Dividends rate 5% for at least 70% holding and 10% for at least 10% holding; otherwise 15%, Interest rate 12.5% and Royalties rate 15%. |
Switzerland and Zambia | On 18 April 2018, the Federal Council of Switzerland adopted a dispatch for the approval of a new Double Taxation Agreement (DTA) with Zambia. Once in force and effective, the new DTA will replace the existing DTA of 1954. |
Cyprus and Luxembourg | On 17 April 2018, Luxembourg ratified the Double Taxation Agreement (DTA) with Cyprus. |
Latvia and Saudi Arabia | On 17 April 2018, the cabinet of Saudi Arabia authorized the Minister of Finance to sign a Double Taxation Agreement (DTA) with Latvia for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income. |
San Marino and Serbia | On 16 April 2018, the Double Taxation Agreement (DTA) between San Marino and Serbia was signed for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income, in Belgrade. |
Macau and Vietnam | On 16 April 2018, the Double Taxation Agreement (DTA) between Macau and Vietnam was signed for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income, in Macau. |
Morocco and Zambia | On 13 April 2018, the lower house of parliament of Morocco approved the Double Taxation Agreement (DTA) with Zambia. |
Ethiopia and Malta | On 13 April 2018, the Double Taxation Agreement (DTA) between Ethiopia and Malta was signed for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income, in Valletta. |
Finland and Spain | On 11 April 2018, the Senate of Spain approved the Double Taxation Agreement (DTA) with Finland. Once in force and effective, the new DTA will replace the existing DTA of 1967. |
India and Zambia | On 11 April 2018, the Double Taxation Agreement (DTA) between India and Zambia was signed in Lusaka. Once in force and effective, the new DTA will replace the existing DTA of 1981. |
UAE and Iraq | On 10 April 2018, the United Arab Emirates ratified the Double Taxation Agreement (DTA) with Iraq. |
UAE and Burundi | On 10 April 2018, the United Arab Emirates ratified the Double Taxation Agreement (DTA) with Burundi. |
Belarus and Kazakhstan | On 9 April 2018, Mr. Nursultan Nazarbayev, the President of Kazakhstan signed a law ratifying the amending protocol of Double Taxation Agreement (DTA) with Belarus. |
Finland and Hong Kong | On 6 April 2018, the government of Finland authorized to sign a Double Taxation Agreement (DTA) with Hong Kong. |
Austria and Japan | On 5 April 2018, the Federal Council of Austria approved the Double Taxation Agreement (DTA) with Japan. Once in force and effective, the new DTA will replace the existing DTA of 1961. |
Ukraine and Switzerland | On 4 April 2018, the Cabinet of Ukraine approved to sign the amending protocol of Double Taxation Agreement (DTA) with Switzerland. |
Ukraine and Singapore | On 4 April 2018, the Cabinet of Ukraine approved to sign the amending protocol of Double Taxation Agreement (DTA) with Singapore. |
Paraguay and Qatar | On 4 April 2018, Qatar’s Emir approved the decree for the ratification of Double Taxation Agreement (DTA) with Paraguay. |
Czech Republic and Kosovo | On 4 April 2018, the Senate of Czech Republic approved the Double Taxation Agreement (DTA) with Kosovo. The agreement contains Dividends rate 5% for at least 25% holding; otherwise 15%, Interest rate 0% and Royalties rate 0% for copyright; otherwise 10%. |
Hong Kong and Saudi Arabia | On 3 April 2018, the cabinet of Saudi Arabia approved the Double Taxation Agreement (DTA) with Hong Kong. |
Macau and Vietnam | On 3 April 2018, Macau authorized to sign a Double Taxation Agreement (DTA) with Vietnam. |
Australia and France | On 1 April 2018, the Australian Treasury has published a notice declaring entry into effect of Article 26 (Assistance in Recovery) of Double Taxation Agreement (DTA) with France. |
Cambodia and Vietnam | On 31 March 2018, the Double Taxation Agreement (DTA) between Cambodia and Vietnam was signed for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income, in Hanoi. |
Belarus and Kazakhstan | On 29 March 2018, the Senate of Kazakhstan approved the amending protocol of Double Taxation Agreement (DTA) with Belarus. |
Saudi Arabia and Slovak Republic | On 28 March 2018, the Slovak government approved to sign a Double Taxation Agreement (DTA) with Saudi Arabia for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income. |
Finland and Sri Lanka | On 24 March 2018, the Double Taxation Agreement (DTA) between Finland and Sri Lanka was entered into force and applies from 1 January 2019 in Finland and from 1 April 2019 in Sri Lanka. The agreement contains Dividends rate 7.5% for at least 25% holding; otherwise 10%, Interest rate 10% and Royalties rate 10%. |
India and Kazakhstan | On 12 March 2018, the amending protocol of Double Taxation Agreement (DTA) between India and Kazakhstan was entered into force and applies in India from 1 April 2018 and in Kazakhstan from 1 January 2019. |
Azerbaijan and Malta | On 27 December 2016, the Double Taxation Agreement (DTA) between Azerbaijan and Malta was entered into force and applies from 1 January 2017. The agreement contains Dividends rate 8%, Interest rate 8% and Royalties rate 8%. |
Tax Treaty News: April 2018
06 May, 2018