Korea (Rep.) and UAE | On 27 February 2019, the revised Double Taxation Agreement (DTA) between Korea (Rep) and the United Arab Emirates (UAE) signed in Seoul. |
France and Luxembourg | On 25 February 2019, France ratified the Double Taxation Agreement (DTA) with Luxembourg. Once in force and effective, the new DTA will replace the existing DTA of 1958. |
Croatia and Kazakhstan | On 22 February 2019, the Double Taxation Agreement (DTA) between Croatia and Kazakhstan entered into force and applies from 1 January 2020. The agreement contains Dividends rate 5% for at least 25% capital holding; otherwise 10%, Interest rate 10% and Royalties rate 10%. |
Russia and Sweden | On 21 February 2019, the Russian lower chamber of the parliament approved the amending protocol of Double Taxation Agreement (DTA) with Sweden. |
Azerbaijan and Turkmenistan | On 21 February 2019, based on a press release the President of Azerbaijan has signed a law ratifying the Double Taxation Agreement (DTA) with Turkmenistan. |
Brazil and Denmark | On 20 February 2019, the Congress of Brazil approved the amending protocol of Double Taxation Agreement (DTA) with Denmark. |
Israel and Serbia | On 15 February 2019, Serbia ratified the Double Taxation Agreement (DTA) with Israel for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income. |
Liechtenstein and Lithuania | On 15 February 2019, the Double Taxation Agreement (DTA) between Liechtenstein and Lithuania was signed 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% capital holding; otherwise 15%, Interest rate 10% and Royalties rate 0%. |
Luxembourg and France | On 14 February 2019, the National Assembly of France approved the Double Taxation Agreement (DTA) with Luxembourg 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 1958. |
Austria and UK | On 13 February 2019, the United Kingdom (UK) ratified the Double Taxation Agreement (DTA) with Austria through the Double Taxation Relief and International Tax Enforcement (Austria) Order 2019. Once in force and effective, the new DTA will replace the existing DTA of 1969. |
Paraguay and Uruguay | On 13 February 2019, Paraguay ratified the Double Taxation Agreement (DTA) with Uruguay. |
Brazil and Denmark | On 12 February 2019, the Senate of Brazil approved the amending protocol of Double Taxation Agreement (DTA) with Denmark, which was signed on 23 March 2011. |
Azerbaijan and Turkmenistan | On 12 February 2019, the parliament of Azerbaijan approved the Double Taxation Agreement (DTA) with Turkmenistan for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income. |
Cyprus and Kazakhstan | On 8 February 2019, the government of Kazakhstan authorized the Ministry of Finance to sign a draft Double Taxation Agreement (DTA) with Cyprus in May 2019. |
Albania and Saudi Arabia | On 6 February 2019, the Double Taxation Agreement (DTA) between Albania and Saudi Arabia signed for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income, in Riyadh. |
Saudi Arabia and UAE | On 5 February 2019, the Cabinet of Saudi Arabia approved the Double Taxation Agreement (DTA) with the United Arab Emirates for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income. |
Sri Lanka and Ukraine | On 5 February 2019, the Cabinet of Sri Lanka authorized to sign a Double Taxation Agreement (DTA) with Ukraine. |
Argentina and UAE | On 4 February 2019, the Double Taxation Agreement (DTA) between Argentina and United Arab Emirates (UAE) entered into force and applies from 1 January 2020. The agreement contains Dividends rate 10% for at least 25% capital holding; otherwise 15%, Interest rate 12% and Royalties rate 10%. |
Cape Verde and Spain | On 1 February 2019, Cape Verde’s National Assembly approved the Double Taxation Agreement (DTA) with Spain. |
Angola and Portugal | On 31 January 2019, Mr. Marcelo Rebelo de Sousa, the President of Portugal signed a law ratifying the Double Taxation Agreement (DTA) with Angola. |
Georgia and Saudi Arabia | On 29 January 2019, the Cabinet of Saudi Arabia approved the pending Double Taxation Agreement (DTA) with Georgia for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income. |
Rwanda and Turkey | On 28 January 2019, the Rwandan Cabinet has approved the draft laws for the ratification of the pending Double Taxation Agreement (DTA) with Turkey, which was signed on 1 December 2018. |
Rwanda and UAE | On 28 January 2019, the Rwandan Cabinet has approved the draft laws for the ratification of the pending Double Taxation Agreement (DTA) with the United Arab Emirates, which was signed on 1 November 2017. |
Andorra and Cyprus | On 11 January 2019, the Double Taxation Agreement (DTA) between Andorra and Cyprus was entered into force and applies from 1 January 2020. The agreement contains 0% withholding rate on Dividends, Interest and Royalties income. |
Ecuador and Russia | On 16 November 2018, the Double Taxation Agreement (DTA) between Ecuador and Russia was entered into force and applies from 1 January 2019. |
Armenia and Israel | The Ministry of Finance of Israel notifies the Double Taxation Agreement (DTA) with Armenia has entered into force and applies from 1 January 2019. The agreement contains Dividends rate 5% for at least 25% capital holding or voting power; otherwise 15%, Interest rate 10% and Royalties rate 5% for patent, trademark, any secret formula or process, or for information concerning industrial, commercial or scientific experience (know-how), or for the use of, or the right to use, industrial, commercial, or scientific equipment and 10% for copyright. |
Tax Treaty News: March 2019
07 March, 2019