Netherlands and Uzbekistan | On 31 December 2017, the amending protocol of Double Taxation Agreement (DTA) between Netherlands and Uzbekistan will enter into force and it will apply from 1 January 2018. |
Georgia and Moldova | On 29 November 2017, the Double Taxation Agreement (DTA) between Georgia and Moldova was signed for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income, in Tbilisi. |
Bulgaria and Saudi Arabia | On 29 November 2017, the Double Taxation Agreement (DTA) between Bulgaria and Saudi Arabia was signed for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income, in Riyadh. |
Hong Kong and Pakistan | On 24 November 2017, the Double Taxation Agreement (DTA) between Hong Kong and Pakistan was entered into force. The DTA will apply from 1 April 2018 for Hong Kong and 1 July 2018 for Pakistan. The agreement contains Dividends rate 10%, Interest rate 10% and Royalties rate 10%. |
Hong Kong and Latvia | On 24 November 2017, the Double Taxation Agreement (DTA) between Hong Kong and Latvia was entered into force. The DTA will apply from 1 January 2018 for Latvia and from 1 April 2018 for Hong Kong. The agreement contains Dividends rate 0% for company or a pension fund; otherwise 10%, Interest rate 0% for company or a pension fund; otherwise 10% and Royalties rate 0% for the use, or the right to use, industrial, commercial or scientific equipment or for information concerning industrial, commercial or scientific experience; otherwise 3% |
Morocco and Zambia | On 23 November 2017, the Moroccan Council of Government has 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. The agreement contains Dividends rate 10%, Interest rate 10% and Royalties rate 10%. |
Bulgaria and Saudi Arabia | On 22 November 2017, the Council of Ministers of Bulgaria has authorized to sign the Double Taxation Agreement (DTA) with Saudi Arabia for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income. |
Bahrain and Philippines | On 21 November 2017, the Council of Representatives of Bahrain has approved the amending protocol of Double Taxation Agreement (DTA) with Philippines. |
Bangladesh and Bhutan | On 20 November 2017, the National Assembly of Bhutan approved the Double Taxation Agreement (DTA) with Bangladesh. The agreement contains Dividends rate 10% for at least 10% holding; otherwise 15%, Interest rate 10%, Royalties rate 10%. The agreement will now be forwarded to the National Council for deliberation. |
Estonia and Japan | On 16 November 2017, the Estonia government has approved the Double Taxation Agreement (DTA) with Japan for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income. |
Mexico and Saudi Arabia | On 16 November 2017, Mexico has ratified the Double Taxation Agreement (DTA) with Saudi Arabia for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income. |
Mexico and Philippines | On 16 November 2017, Mexico has ratified the Double Taxation Agreement (DTA) with Philippines for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income. |
Comoros Islands and Mauritius | According to a press release of Comoros Islands on 15 November 2017, the Council of Ministers has authorized to sign a Double Taxation Agreement (DTA) with Mauritius. |
Kosovo and Switzerland | On 15 November 2017, the Swiss Federal Council adopted the dispatch to approve the Double Taxation Agreement (DTA) with Kosovo for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income. |
Mexico and Jamaica | On 14 November 2017, the Mexican Senate 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. |
Mexico and Guatemala | On 14 November 2017, the Mexican Senate has approved the Double Taxation Agreement (DTA) with Guatemala. The agreement contains Dividends rate 5% for at least 25% holding; otherwise 15%, Interest rate 5% if paid to a financial institution or pension fund; otherwise 15% and Royalties rate 10%. |
Bahrain and Hong Kong | On 13 November 2017, the Cabinet of Bahrain has approved to sign a Double Taxation Agreement (DTA) with Hong Kong for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income. |
Colombia and UAE | On 12 November 2017, the Double Taxation Agreement (DTA) between Colombia 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 Dubai. |
India and Kyrgyzstan | According to announcements of 10 November 2017, the Indian Cabinet has approved to sign an amending protocol of Double Taxation Agreement (DTA) with Kyrgyzstan for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income. |
Hong Kong and India | According to announcements of 10 November 2017, the Indian Cabinet has approved to sign a Double Taxation Agreement (DTA) with Hong Kong for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income. |
Brazil and South Africa | On 10 November 2017, the lower chamber of parliament of Brazil has approved the amending protocol of Double Taxation Agreement (DTA) with South Africa to replace the Exchange of Information Article in accordance with the OECD standard for information exchange. |
Brazil and Argentina | 9 November 2017, Brazil’s Chamber of Deputies has announced that the Committee on Foreign Relations and National Defense (CREDN) has approved the Double Taxation Agreement (DTA) for ratification the pending protocol with Argentina. The agreement aimed at avoiding double taxation and preventing tax evasion in matters of taxes on income. |
Madagascar and Canada | On 8 November 2017, the Council of Ministers of Madagascar has approved the Double Taxation Agreement (DTA) with Canada for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income. |
Madagascar and Morocco | On 8 November 2017, the Council of Ministers of Madagascar 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. |
Ireland and Kazakhstan | On 7 November 2017, Ireland ratified the Double Taxation Agreement (DTA) with Kazakhstan for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income. |
Netherlands and Zambia | On 7 November 2017, the upper house of the Dutch parliament has approved the Double Taxation Agreement (DTA) with Zambia. Once in force and effective, the new treaty will replace the existing DTA of 1977. |
Ethiopia and Korea (Rep.) | On 6 November 2017, the Double Taxation Agreement (DTA) between Ethiopia and Korea (Rep.) was entered into force. The DTA will apply from 1 January 2018 for Korea (Rep.) and from 8 July 2018 for Ethiopia. The agreement contains Dividends rate 5% for at least 25% holding; otherwise 8%, Interest rate 7.5% and Royalties rate 5%. |
Estonia and Kyrgyzstan | On 2 November 2017, the Estonian government has approved the Double Taxation Agreement (DTA) with Kyrgyzstan and on 19 November 2017, the Kyrgyzstan government approved the same agreement with Estonia for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income. |
Paraguay and Qatar | On 1 November 2017, the cabinet of Qatar has authorized to sign 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. |
Bosnia and Herzegovina and Romania | On 1 November 2017, the Romanian Cabinet has approved the Double Taxation Agreement (DTA) with Bosnia and Herzegovina. The agreement contains Dividends rate 5% for at least 25% holding; otherwise 10%, Interest rate 7% and Royalties rate 5%. Once in force and effective, the new treaty will replace the existing DTA of 1986. |
Cambodia and Thailand | On 27 October 2017, the Cambodian Cabinet has approved 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. |
Cambodia and Singapore | On 27 October 2017, the Cambodian Cabinet has approved the Double Taxation Agreement (DTA) with Singapore for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income. |
Cambodia and China | On 27 October 2017, the Cambodian Cabinet has approved 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. |
Cambodia and Brunei | On 27 October 2017, the Cambodian Cabinet has approved the Double Taxation Agreement (DTA) with Brunei for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income. |
Cape Verde and Mauritius | On 26 October 2017, the Council of Ministers of Cape Verde has 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. |
Turkey and Uzbekistan | On 25 October 2017, the amending protocol of Double Taxation Agreement (DTA) between Turkey and Uzbekistan was signed for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income. |
Chile and Uruguay | On 20 October 2017, Uruguay has ratified the Double Taxation Agreement (DTA) with Chile for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income. |
Montenegro and Portugal | On 11 October 2017, Montenegro ratified the Double Taxation Agreement (DTA) with Portugal for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income. |
Comoros Islands and Mauritius | On 6 October 2017, the Double Taxation Agreement (DTA) between Comoros Islands and Mauritius was signed for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income, in Port Louis. |
Belgium and Seychelles | On 10 September 2015, the Double Taxation Agreement (DTA) and amending protocol between Belgium and Seychelles was entered into force and it will apply from 1 January 2018. The agreement contains Dividends rate 0% for at least 25% holding and 5% for at least 10% holding; otherwise 15%, Interest rate 10% and Royalties rate 5%. |
Kuwait and Lithuania | On 8 September 2017, the Double Taxation Agreement (DTA) between Kuwait and Lithuania was entered into force and it will apply from 1 January 2018. The agreement contains Dividends rate 5% for at least 10% holding; otherwise 15%, Interest rate 10% and Royalties rate 10%. |
Kosovo and UAE | On 3 July 2017, the Double Taxation Agreement (DTA) between Kosovo and United Arab Emirates was entered into force and it applied from 1 January 2017. |
Brazil and Russia | On 19 June 2017, the Double Taxation Agreement (DTA) between Brazil and Russia was entered into force and it will apply from 1 January 2018. |
Kuwait and Kyrgyzstan | On 23 May 2017, the Double Taxation Agreement (DTA) between Kuwait and Kyrgyzstan was entered into force and it will apply from 1 January 2018. |
Belgium and Iceland | On 14 April 2015, the amending protocol of Double Taxation Agreement (DTA) between Belgium and Iceland was entered into force and it was applied from 1 January 2016. |
Hungary and Iraq | On 16 March 2017, Hungary ratified the Double Taxation Agreement (DTA) with Iraq for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income. |
Peru and Mexico | According to Report No. 036-2017-SUNAT/7T0000, the tax administration of Peru has announced to trigger of the most favored nation (MFN) clause included in the final protocol to the Double Taxation Agreement (DTA) with Mexico. |
Brunei and Qatar | On 26 August 2016, the Double Taxation Agreement (DTA) between Brunei and Qatar was entered into force and it applied from 1 January 2017 announced by Ministry of Finance of Brunei in the end of November 2017. |
Senegal and UAE | On 22 October 2015, the Double Taxation Agreement (DTA) between Senegal and the United Arab Emirates was signed. The agreement contains Dividends rate 5%, Interest rate 5% and Royalties rate 5%. |
Tax Treaty News: November 2017
06 December, 2017