Mexico and Saudi Arabia | On 1 March 2018, the Double Taxation Agreement (DTA) between Mexico and Saudi Arabia was entered into force and applies from 1 January 2019. |
Mauritius and UK | On 28 February 2018, the amending protocol of Double Taxation Agreement (DTA) between Mauritius and the United Kingdom was signed for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income. |
Azerbaijan and Kazakhstan | On 28 February 2018, Mr. Nursultan Nazarbayev, the President of Kazakhstan signed a law ratifying the amending protocol to Double Taxation Agreement (DTA) with Azerbaijan. |
Singapore and Tunisia | On 27 February 2018, the Double Taxation Agreement (DTA) between Singapore and Tunisia was signed for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income, in Singapore. |
Jamaica and Mexico | On 24 February 2018, the Double Taxation Agreement (DTA) between Jamaica and Mexico was entered into force and applies from 1 January 2019. |
Philippines and Thailand | On 19 February 2018, the Senate of the Philippines ratified the Double Taxation Agreement (DTA) with Thailand for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income. |
Philippines and Sri Lanka | On 19 February 2018, the Senate of the Philippines ratified the Double Taxation Agreement (DTA) with Sri Lanka for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income. |
Philippines and Mexico | On 19 February 2018, the Senate of the Philippines ratified the Double Taxation Agreement (DTA) with Mexico for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income. |
Saudi Arabia and Switzerland | On 18 February 2018, the Double Taxation Agreement (DTA) between Saudi Arabia and Switzerland was signed for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income, in Riyadh. |
India and Iran | On 17 February 2018, the Double Taxation Agreement (DTA) between India and Iran was signed for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income, in New Delhi. |
Finland and Spain | On 15 February 2018, the lower house of parliament of Spain approved the Double Taxation Agreement (DTA) with Finland for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income. |
Azerbaijan and Kazakhstan | On 15 February 2018, Kazakhstan’s upper house of parliament approved the amending protocol of Double Taxation Agreement (DTA) with Azerbaijan. |
Ethiopia and Poland | On 14 February 2018, the Double Taxation Agreement (DTA) between Ethiopia and Poland was enter into force and applies from 8 July 2018 in Ethiopia and 1 January 2019 in Poland. The agreement contains Dividends rate 10%, Interest rate 10%, Royalties rate 10% and Fees for technical, managerial, and consultancy services 10%. |
Belarus and Kazakhstan | On 14 February 2018, Kazakhstan’s lower house of parliament approved the amending protocol of Double Taxation Agreement (DTA) with Belarus. |
Mauritius and Zambia | On 13 February 2018, Zambia’s Cabinet approved to sign the Double Taxation Agreement (DTA) with Mauritius. |
Paraguay and Qatar | On 11 February 2018, the Double Taxation Agreement (DTA) between Paraguay and Qatar was signed for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income, in Doha. |
Brazil and South Africa | On 10 February 2018, the amending protocol of Double Taxation Agreement (DTA) between Brazil and South Africa was entered into force to update the Exchange of Information Article in accordance with the OECD standard for information exchange. |
Angola and UAE | On 8 February 2018, the Double Taxation Agreement (DTA) between Angola and the United Arab Emirates was signed for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income, in Luanda. |
Germany and Tunisia | On 8 February 2018, the Double Taxation Agreement (DTA) between Germany and Tunisia was signed for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income, in Tunis. |
Kuwait and Brunei | On 7 February 2018, the National Assembly of Kuwait approved the pending protocols to Double Taxation Agreement (DTA) with Brunei for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income. |
Ghana and Ireland | On 7 February 2018, the Double Taxation Agreement (DTA) between Ghana and Ireland was signed for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income, in Accra. The agreement contains Dividends rate 7%, Interest rate 7%, Royalties rate 8% and Technical service fees (managerial, technical, or consultancy) 10%. |
China and India | On 7 February 2018, according to a press release of the Indian government, the Cabinet of India has given its approval for signing and ratification of protocol amending the Double Taxation Agreement (DTA) with China for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income. |
Kuwait and India | On 7 February 2018, the National Assembly of Kuwait approved the pending protocols to Double Taxation Agreement (DTA) with India for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income. |
India and Kazakhstan | On 6 February 2018, Mr. Nursultan Nazarbayev, the President of Kazakhstan signed a law ratifying the amending protocol to Double Taxation Agreement (DTA) with India. |
Saudi Arabia and Switzerland | On 6 February 2018, the cabinet of Saudi Arabia authorized the Minister of Finance (MoF) to sign the Double Taxation Agreement (DTA) with Switzerland for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income. |
Qatar and Spain | On 6 February 2018, the Double Taxation Agreement (DTA) between Qatar and Spain was entered into force for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income. The agreement contains Dividends rate 0% for at least 10% holding; otherwise 5%, Interest rate 0% and Royalties rate 0%. |
UAE and Paraguay | On 5 February 2018, the United Arab Emirates ratified the Double Taxation Agreement (DTA) with Paraguay for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income. |
Kuwait and Bangladesh | On 5 February 2018, the Council of Ministers of Kuwait approved the Double Taxation Agreement (DTA) with Bangladesh for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income. |
Kuwait and Turkey | On 5 February 2018, the Council of Ministers of Kuwait approved the amending protocol of Double Taxation Agreement (DTA) with Turkey. |
Lesotho and UK | On 31 January 2018, the UK’s House of Commons approved the Double Taxation Agreement (DTA) with Lesotho for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income. Once in force and effective, the new DTA will replace the existing DTA of 1997. |
Moldova and Georgia | On 31 January 2018, the government of Moldova approved the Double Taxation Agreement (DTA) with Georgia for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income. The agreement contains Dividends rate 5%, Interest rate 5% and Royalties rate 5%. |
Belgium and Russia | On 30 January 2018, the amending protocol of Double Taxation Agreement (DTA) between Belgium and Russia was signed for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income. |
Cape Verde and Mauritius | On 24 January 2018, the National Assembly of Cape Verde approved the Double Taxation Agreement (DTA) with Mauritius for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income. |
Morocco and Zambia | On 22 January 2018, the Moroccan Council of Ministers approved the Double Taxation Agreement (DTA) with Zambia for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income. |
Brazil and Korea (Rep. of) | On 10 January 2018, the amending protocol of Double Taxation Agreement (DTA) between Brazil and Korea (Rep. of) was entered into force to update Exchange of Information Article in accordance with the OECD standard for information exchange. |
Bahrain and Thailand | On 26 December 2017, the Council of Bahrain approved the amending protocol of Double Taxation Agreement (DTA) with Thailand. |
Barbados and Cyprus | On 11 September 2017, the Double Taxation Agreement (DTA) between Barbados and Cyprus was entered into force and applies from 1 January 2018. The agreement contains Dividends rate 0%, Interest rate 0% and Royalties rate 0%. |
Tax Treaty News: February 2018
07 March, 2018