Tax Treaty News: June 2020

Japan and Uzbekistan	On 27 May 2020, the Japanese upper house of the parliament has approved the Double Taxation Agreement (DTA) with Uzbekistan 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 former DTA of 1986.
Japan and Uruguay	On 27 May 2020, the Japanese upper house of the parliament has approved the Double Taxation Agreement (DTA) with Uruguay for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income.
Argentina and Japan	On 27 May 2020, the Japanese upper house of the parliament has approved the Double Taxation Agreement (DTA) with Argentina 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 former DTA of 1975.
Japan and Peru	On 27 May 2020, the Japanese upper house of the parliament has approved the Double Taxation Agreement (DTA) with Peru for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income
Jamaica and Japan	On 27 May 2020, the Japanese upper house of the parliament has approved the Double Taxation Agreement (DTA) with Jamaica for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income.
Japan and Morocco	On 27 May 2020, the Japanese upper house of the parliament has approved the Double Taxation Agreement (DTA) with Morocco for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income.
Argentina, Jamaica, Japan, Morocco, Peru, Uruguay and Uzbekistan	On 19 May 2020, the Japanese lower house of the parliament has approved the Double Taxation Agreement (DTA) with Argentina, Jamaica, Morocco, Peru, Uruguay and Uzbekistan for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income.
Kazakhstan and Luxembourg	On 18 May 2020, the Government Council of Luxembourg approved the amending protocol to the Double Taxation Agreement (DTA) with Kazakhstan.
Botswana and Luxembourg	On 18 May 2020, the Government Council of Luxembourg approved the Double Taxation Agreement (DTA) with Botswana for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income.
Bahrain and Pakistan	On 17 May 2020, the Shura Council of Bahrain approved the amending protocol to the Double Taxation Agreement (DTA) with Pakistan.
Cambodia, Korea (Rep.) and Malaysia	On 15 May 2020, the cabinet of Cambodia approved the Double Taxation Agreement (DTA) with Malaysia and Korea (Rep.) for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income.
Finland and Germany	On 15 May 2020, the Federal Council of Germany approved the amending protocol to the Double Taxation Agreement (DTA) with Finland.
Argentina and Turkey	On 15 May 2020, Mr. Recep Tayyip Erdoğan, the President of Turkey has signed Decision No. 2546, ratifying the Double Taxation Agreement (DTA) with Argentina.
Finland and Germany	On 8 May 2020, Mr. Sauli Niinistö, the President of Finland has ratified the amending protocol to the Double Taxation Agreement (DTA) with Germany.
Iran and Switzerland	On 7 May 2020, the Cabinet of Iran has approved the ratification of the protocol to the Double Taxation Agreement (DTA) with Switzerland.
Belarus and UAE	On 1 May 2020, the amending protocol to the Double Taxation Agreement (DTA) between Belarus and the United Arab Emirates (UAE) was entered into force and applies from 1 January 2021.
Estonia and Oman	On 30 April 2020, the Estonian government has approved to sign the Double Taxation Agreement (DTA) with Oman.
Gabon, Suriname and UAE	The President of the United Arab Emirates (UAE) ratified the Double Taxation Agreement (DTA) with Suriname and Gabon that was published in Official Gazette No. 669.
Czech Republic and Taiwan	The Double Taxation Agreement (DTA) between the Czech Republic and Taiwan has entered into force and applies from 1 January 2021. The Czech Republic and Taiwan have exchanged notifications on the ratification to bring the DTA into force. The DTA contains Dividends rate 10%, Interest rate 10%, and Royalties rate 5% for the use of, or the right to use, industrial, commercial, or scientific equipment; otherwise, 10%.
Hong Kong and Macau	On 20 May 2020, Hong Kong Inland Revenue has declared an order to implement the Double Taxation Agreement (DTA) with Macau for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income.