Austria and India | On 1 May 2020, the amending protocol to the Double Taxation Agreement (DTA) between Austria and India was entered into force and applies from 1 January 2021. |
Singapore and Turkmenistan | On 30 April 2020, the Double Taxation Agreement (DTA) between Singapore and Turkmenistan was entered into force and applies from 1 January 2021. |
Bangladesh, Botswana, Czech Republic and Senegal | On 29 April 2020, the Senate of Czech Republic approved the Double Taxation Agreement (DTA) with Senegal, Botswana and Bangladesh for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income. |
South Sudan and UAE | On 23 April 2019, the Double Taxation Agreement (DTA) between South Sudan and the United Arab Emirates (UAE) 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 0%, Interest rate 0%, and Royalties rate 0%. |
Turkey and Ivory Coast | On 21 April 2020, Mr. Recep Tayyip ErdoÄźan, the President of Turkey signed Decision No. 2470 for the ratification of the Double Taxation Agreement (DTA) with Ivory Coast. |
Belarus and Zimbabwe | On 13 April 2020, Mr. Alexander Lukashenko, the President of Belarus approved to sign a Double Taxation Agreement (DTA) with Zimbabwe. |
Czech Republic and Kyrgyzstan | On 9 April 2020, Mr. Sooronbay Jeenbekov, the President of Kyrgyzstan signed a law ratifying the Double Taxation Agreement (DTA) with Czech Republic. |
Turkey and Ukraine | On 7 April 2020, the parliament of Turkey approved the amending protocol to the Double Taxation Agreement (DTA) with Ukraine. Accordingly, Turkish President signed this amending protocol on 13 April 2020. |
Finland and Germany | On 3 April 2020, the German Federal Council approved the pending protocol to the Double Taxation Agreement (DTA) with Finland. Accordingly, the German Cabinet approved this amending protocol on 18 March 2020. |
Chad and Turkey | On 3 April 2020, Mr. Recep Tayyip ErdoÄźan, the President of Turkey signed Decision No. 2264 for the ratification of the Double Taxation Agreement (DTA) with Chad. |
Angola and UAE | On 27 March 2020, Angola published President’s Letter No. 4/20 in the Official Gazette, ratifying the Double Taxation Agreement (DTA) with the United Arab Emirates (UAE). |
Estonia and Pakistan | On 26 March 2020, the Estonian government authorized the signing of the Double Taxation Agreement (DTA) with Pakistan for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income. |
France and Luxembourg | On 25 March 2020, Luxembourg ratified the amending protocol to the Double Taxation Agreement (DTA) with France. |
France and Luxembourg | On 24 March 2020, Luxembourg’s Chamber of Deputies approved the amending protocol to the Double Taxation Agreement (DTA) with France. |
Benin, Liberia and Morocco | On 6 March 2020, Morocco ratified the Double Taxation Agreement (DTA) with Liberia and Benin for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income. |
Bulgaria and Pakistan | On 20 February 2020, the Double Taxation Agreement (DTA) between Bulgaria and Pakistan was entered into force. The DTA contains Dividends rate 12.5%, Interest rate 10%, and Royalties rate 12.5%. The agreement applies in Bulgaria from 1 January 2021 and applies in Pakistan from 1 July 2021. |
Indonesia and Tajikistan | On 13 December 2019, the Double Taxation Agreement (DTA) between Indonesia and Tajikistan was entered into force and applies from 1 January 2020. The DTA contains Dividends rate 10%, Interest rate 10%, and Royalties rate 10%. |
Chile and China | On 17 October 2019, the amending protocol to the Double Taxation Agreement (DTA) between Chile and China was entered into force. |
Turkey and Venezuela | On 3 December 2018, the Double Taxation Agreement (DTA) between Turkey and Venezuela 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 5% for at least 25% capital holding; otherwise 10%, Interest rate 10%, and Royalties rate 10%. |
Tax Treaty News: May 2020
14 May, 2020