Armenia, Malta and Singapore | On 28 October 2021, the Armenian National Assembly approved to ratify the Double Taxation Agreement (DTA) with Singapore and Malta. |
Kosovo and Latvia | On 26 October 2021, Mr. Egils Levits, the President of Latvia signed a law ratifying the Double Taxation Agreement (DTA) with Kosovo. |
Korea (Rep.) and Turkey | On 22 October 2021, the officials from Korea (Rep.) and Turkey signed a revision to the Double Taxation Agreement (DTA) between them. |
Nigeria and Turkey | On 20 October 2021, the Double Taxation Agreement (DTA) between Nigeria and Turkey was signed for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income. The DTA contains withholding tax rates for Dividends 7.5%, Interest 7.5%, and Royalties 7.5%. |
Germany and Mauritius | On 15 October 2021, the Mauritius Cabinet approved to sign an amending protocol to update the Double Taxation Agreement (DTA) with Germany. |
Kosovo and Latvia | On 14 October 2021, the Latvian parliament approved 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. |
Andorra and San Marino | On 14 October 2021, the General Council of Andorra ratified the Double Taxation Agreement (DTA) with San Marino. |
Malta, Netherlands, and Poland | On 14 October 2021, the lower house of the Polish parliament approved the amending protocol to the Double Taxation Agreement (DTA) with the Netherlands and Malta. |
Israel and Romania | On 13 October 2021, Romania’s Chamber of Deputies approved the amending protocol to the Double Taxation Agreement (DTA) with Israel. |
Congo and UAE | On 12 October 2021, the Double Taxation Agreement (DTA) between Congo 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. |
Malaysia and Ukraine | On 11 October 2021, the Malaysian lower house of parliament approved the Double Taxation Agreement (DTA) with Ukraine. |
Germany and Mexico | On 8 October 2021, the officials from Germany and Mexico signed an amending protocol to update the Double Taxation Agreement (DTA) between them. |
Andorra and Hungary | On 8 October 2021, the Double Taxation Agreement (DTA) between Andorra and Hungary was signed for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income. |
Kuwait and Turkey | On 6 October 2021, Mr. Recep Tayyip Erdoğan, the President of Turkey signed Decision No. 4606, ratifying the amending protocol to the Double Taxation Agreement (DTA) with Kuwait. |
Colombia and Italy | On 6 October 2021, the Double Taxation Agreement (DTA) between Colombia and Italy entered into force. The DTA contains withholding tax rates for Dividends 5% for at least 20% capital holding; otherwise 15%, Interest 10%, Royalties 10%. The DTA will apply from 1 January 2022. |
Iraq and Saudi Arabia | On 5 October 2021, the Saudi Cabinet approved the Double Taxation Agreement (DTA) with Iraq. |
Turkey and Venezuela | On 4 October 2021, Turkey ratified the Double Taxation Agreement (DTA) with Venezuela. |
Algeria and Denmark | On 30 September 2021, the Double Taxation Agreement (DTA) between Algeria and Denmark was signed for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income. |
Slovenia and Sweden | On 30 September 2021, Slovenia ratified the Double Taxation Agreement (DTA) with Sweden. |
Germany, Ireland, and Kosovo | On 28 September 2021, Ireland has ratified the Double Taxation Agreement (DTA) with Kosovo and ratified the amending protocol to the DTA with Germany. |
Estonia and Mauritius | On 28 September 2021, Mr. Alar Karis, the President of Estonia signed an act ratifying the Double Taxation Agreement (DTA) with Mauritius. |
Belgium and Norway | On 24 September 2021, Norway’s cabinet approved the amending protocol to the Double Taxation Agreement (DTA) with Belgium. |
Ukraine and UAE | On 8 September 2021, Mr. Volodymyr Zelensky, the President of Ukraine has signed law No. 1729-IX ratifying the amending protocol to the Double Taxation Agreement (DTA) with the United Arab Emirates (UAE). |
Italy and Jamaica | On 28 August 2021, the Double Taxation Agreement (DTA) between Italy and Jamaica entered into force. The DTA contains withholding tax rates for Dividends 5% for at least 25% capital holding; otherwise 10%, Interest 10%, Royalties 10%, and Service Fees 10%. The DTA will apply from 1 January 2022. |
Bahrain and Switzerland | On 27 July 2021, a new Double Taxation Agreement (DTA) between Bahrain and Switzerland entered into force. The DTA contains withholding tax rates for Dividends 5% for at least 10% capital holding; otherwise 15%, Interest 0%, and Royalties 0%. The DTA applies from 1 January 2022. From this date, the new DTA will replace the existing DTA of 2004. |
St. Vincent and the Grenadines and the UAE | On 3 March 2020, the Double Taxation Agreement (DTA) between St. Vincent and the Grenadines and the United Arab Emirates (UAE) has entered into force. The DTA contains withholding tax rates for Dividends 0%, Interest 0%, and Royalties 0%. The DTA applied from 1 January 2018. |
Bermuda and UAE | On 5 July 2019, the Double Taxation Agreement (DTA) between Bermuda and the United Arab Emirates (UAE) has entered into force. The DTA contains withholding tax rates for Dividends 0%, Interest 0%, and Royalties 0%. The DTA applied retroactively from 1 January 2015. |
Tax Treaty News: November 2021
17 November, 2021