Tax Treaty News: March 2021

Japan and Spain	On 1 May 2021, the Double Taxation Agreement (DTA) between Japan and Spain will enter into force and apply from 1 January 2022. The DTA contains Dividends rate 0% for at least 10% capital holding; otherwise 10%, Interest rate 10% and Royalties rate 0%.
Finland and Germany	On 25 February 2021, the amending protocol to the Double Taxation Agreement (DTA) between Finland and Germany was entered into force. The protocol will apply from 1 January 2022.
Brazil, Singapore, Switzerland and UAE	On 24 February 2021, the Brazilian Senate has approved the Double Taxation Agreement (DTA) with the United Arab Emirates (UAE), Switzerland and Singapore.
Sweden and UK	On 23 February 2021, Sweden and the United Kingdom (UK) have signed an amending protocol to the Double Taxation Agreement (DTA) between them.
Estonia and Mauritius	On 19 February 2021, the Double Taxation Agreement (DTA) between Estonia and Mauritius was signed for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income.
Cyprus and Germany	On 19 February 2021, Cyprus and Germany have signed an amending protocol to the Double Taxation Agreement (DTA) between them, in Nicosia.
Albania and Luxembourg	On 18 February 2021, Albania has ratified the amending protocol to the Double Taxation Agreement (DTA) with Luxembourg.
Albania and Kosovo	On 18 February 2021, Mr. Ilir Meta, the President of Albanian promulgated the law for the ratification of the amending protocol to the Double Taxation Agreement (DTA) with Kosovo.
France and Luxembourg	On 18 February 2021, the amending protocol to the Double Taxation Agreement (DTA) between France and Luxembourg entered into force. The protocol applied from 1 January 2020.
Albania and Kosovo	On 18 February 2021, Albania has ratified the amending protocol to the Double Taxation Agreement (DTA) with Kosovo.
Czech Republic and Senegal	On 16 February 2021, the Czech Republic has ratified the Double Taxation Agreement (DTA) with Senegal.
Latvia and Saudi Arabia	On 15 February 2021, the Shura Council of Saudi Arabia has approved the Double Taxation Agreement (DTA) with Latvia.
Kosovo and Lithuania	On 15 February 2021, Kosovo ratified the Double Taxation Agreement (DTA) with Lithuania, published in the Official Gazette of 19 February 2021. Furthermore, the DTA contains Dividends rate 0% for at least 10% capital holding; otherwise 15%, Interest rate 0% if the beneficial owner is a company; otherwise 10%, Royalties rate 0%.
UAE and Ukraine	On 14 February 2021, the United Arab Emirates (UAE) and Ukraine have signed an amending protocol to the Double Taxation Agreement (DTA) with Ukraine, in Abu Dhabi.
Belgium, India and Luxembourg	On 12 February 2021, the Belgian Cabinet approved the amending protocol to the Double Taxation Agreement (DTA) with India and Luxembourg.
Turkey and Venezuela	On 10 February 2021, the Turkish Parliament has approved the Double Taxation Agreement (DTA) with Venezuela.
Spain and Ukraine	On 9 February 2021, the Council of Ministers of Spain approved the Double Taxation Agreement (DTA) with Ukraine 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 1985.
Qatar and Rwanda	On 8 February 2021, the Double Taxation Agreement (DTA) between Qatar and Rwanda was signed for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income.
Denmark and Ukraine	On 2 February 2021, Denmark and Ukraine signed an amending protocol to the Double Taxation Agreement (DTA).
Albania, Kosovo and Luxembourg	On 1 February 2021, the parliament of Albania has approved the amending protocol to the Double Taxation Agreement (DTA) with Kosovo and Luxembourg.
Argentina and Qatar	On 31 January 2021, the Double Taxation Agreement (DTA) between Argentina and Qatar was entered into force. The DTA contains Dividends rate 5% if the beneficial owner is the government of a Contracting State; 10% for at least 25% capital holding; otherwise 15%, Interest rate 12%, Royalties rate 10%. The DTA will apply from 1 January 2022.
Cambodia and Korea (Rep.)	On 29 January 2021, the Double Taxation Agreement (DTA) between Cambodia and Korea (Rep.) has entered into force. The DTA contains Dividends rate 10%, Interest rate 10%, and Royalties rate 10%. The DTA will apply from 1 January 2022.
Bahrain and Switzerland	On 28 January 2021, Bahrain has ratified the Double Taxation Agreement (DTA) with Switzerland, published in the Official Gazette. Once in force and effective, the new DTA will replace the former DTA of 2004.
Denmark and Trinidad and Tobago	On 27 January 2021, a draft bill was presented in the Danish parliament regarding the termination of the Double Taxation Agreement (DTA) with Trinidad and Tobago.
Kosovo and Lithuania	On 25 January 2021, the Double Taxation Agreement (DTA) between Kosovo and Lithuania was signed for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income, in Stockholm.
Japan and Morocco	On 31 December 2020, Morocco ratified the Double Taxation Agreement (DTA) with Japan, published in the Official Gazette on 4 February 2021.