Turkey and Uzbekistan | On 27 March 2020, Mr. Recep Tayyip Erdoğan, the President of Turkey signed Decision No. 2314 for the ratification of amending protocol to the Double Taxation Agreement (DTA) with Uzbekistan. |
Gibraltar and UK | On 24 March 2020, the Double Taxation Agreement (DTA) between Gibraltar and the United Kingdom (UK) was entered into force and applies from 1 May 2020. |
Singapore and Turkmenistan | On 14 March 2020, the government of Turkmenistan announced that, the parliament has ratified the Double Taxation Agreement (DTA) with Singapore. |
Belgium and Malta | On 13 March 2020, the amending protocol to the Double Taxation Agreement (DTA) between Belgium and Malta was entered into force and applies from 1 January 2021. |
Armenia and Kazakhstan | On 12 March 2020, the Senate of Kazakhstan approved the ratification of the Double Taxation Agreement (DTA) with Armenia on proof of tax residence. |
Gibraltar and UK | On 11 March 2020, the United Kingdom (UK) ratified the Double Taxation Agreement (DTA) with Gibraltar. |
Switzerland, Iran, Ireland, South Korea, Netherlands, New Zealand, Norway, Sweden and Ukraine | On 10 March 2020, the Swiss National Assembly (lower house of parliament) approved the amending protocol to the Double Taxation Agreement (DTA) with Iran, Ireland, South Korea, the Netherlands, New Zealand, Norway, Sweden and Ukraine. |
Spain, Romania and Cape Verde | On 10 March 2020, the Spanish Council of Ministers reapproved the Double Taxation Agreement (DTA) with Romania and Cape Verde and previously approved on 21 February 2019. |
Chile and India | On 9 March 2020, the Double Taxation Agreement (DTA) between Chile and India was signed for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income. The DTA contains Dividends rate 10%, Interest rate 10%, and Royalties rate 10%. |
Senegal and Turkey | On 9 March 2020, the parliament of Senegal approved a bill ratifying the Double Taxation Agreement (DTA) with Turkey. |
Armenia and Kyrgyzstan | On 6 March 2020, the National Assembly of Armenia approved the ratification of the Double Taxation Agreement (DTA) with Kyrgyzstan. The DTA contains Dividends rate 10%, Interest rate 10%, and Royalties rate 10%. |
Brazil, Singapore, Switzerland and UAE | On 5 March 2020, the Chamber of Deputies of Brazil approved the ratification of the Double Taxation Agreement (DTA) with Singapore, Switzerland and the United Arab Emirates (UAE). |
Latvia and Saudi Arabia | On 5 March 2020, Mr. Egils Levits, the President of Latvia signed a law ratifying the Double Taxation Agreement (DTA) with Saudi Arabia. |
Czech Republic and Kyrgyzstan | On 5 March 2020, Kyrgyzstan’s parliament approved a bill ratifying the Double Taxation Agreement (DTA) with Czech Republic. |
Turkey and Somalia | On 4 March 2020, Mr. Recep Tayyip Erdoğan, the President of Turkey signed Decision No. 2258 for the ratification of the Double Taxation Agreement (DTA) with Somalia. |
Singapore and Ukraine | On 4 March 2020, the Protocol amending the Double Taxation Agreement (DTA) between Ukraine and Singapore has entered into force for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income and applies from 1 January 2020. |
Cyprus and Egypt | On 4 March 2020, the parliament of Egypt has approved the Double Taxation Agreement (DTA) with Cyprus. Once in force and effective, the new DTA will replace the former DTA of 1993. |
Finland and Germany | On 3 March 2020, the Parliament of Finland has approved the amending protocol to the Double Taxation Agreement (DTA) with Germany. |
Saudi Arabia and Switzerland | On 2 March 2020, the National Assembly of Switzerland has approved the ratification of the Double Taxation Agreement (DTA) with Saudi Arabia. |
Ireland and Oman | On 2 March 2020, Oman’s Economic and Financial Committee has authorized to sign the Double Taxation Agreement (DTA) with Ireland. |
Czech Republic and San Marino | On 2 March 2020, the government of San Marino has approved to sign the Double Taxation Agreement (DTA) with the Czech Republic. |
Japan, Argentina, Jamaica, Morocco, Peru, Uruguay and Uzbekistan | On 28 February 2020, the Cabinet of Ministers of Japan approved the Double Taxation Agreement (DTA) with Argentina, Jamaica, Morocco, Peru, Uruguay and Uzbekistan. |
Finland, Guernsey and Isle of Man | On 28 February 2020, Mr. Sauli Niinistö, the President of Finland authorized the Minister of Finance (MoF) to sign amending protocol to the Double Taxation Agreement (DTA) with Guernsey and the Isle of Man. |
Estonia and Guernsey | On 26 February 2020, Guernsey has approved the Double Taxation Agreement (DTA) with Estonia for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income. |
Ivory Coast and Qatar | On 26 February 2020, the cabinet of Qatar has approved to sign the Double Taxation Agreement (DTA) with Ivory Coast for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income. |
Guernsey and Isle of Man | On 26 February 2020, Guernsey approved the amending protocol to the Double Taxation Agreement (DTA) with the Isle of Man. |
Bahrain and Pakistan | On 25 February 2020, the lower house of the National Assembly of Bahrain has approved the amending protocol to the Double Taxation Agreement (DTA) with Pakistan. |
New Zealand and Switzerland | On 24 February 2020, New Zealand ratified the amending protocol to the Double Taxation Agreement (DTA) with Switzerland. |
France and Luxembourg | On 12 February 2020, the State Council of Luxembourg approved the amending protocol to the Double Taxation Agreement (DTA) with France. |
San Marino and UAE | On 4 February 2020, the Double Taxation Agreement (DTA) between San Marino and the United Arab Emirates (UAE) was entered into force and applies from 1 January 2021. The DTA contains Dividends rate 0%, Interest rate 0%, and Royalties rate 10%. |
Suriname and UAE | On 4 November 2018, the Double Taxation Agreement (DTA) between Suriname and the United Arab Emirates (UAE) was signed. The DTA contains Dividends rate 5%, Interest rate 5%, and Royalties rate 5%. |
Botswana and UAE | On 12 October 2018, the Double Taxation Agreement (DTA) between Botswana and the United Arab Emirates (UAE) was signed. The DTA contains Dividends rate 5% for at least 10% capital holding; otherwise 7.5%, Interest rate 7.5% and Royalties rate 7.5%. |
Tax Treaty News: April 2020
08 April, 2020