Hungary and Kyrgyzstan | On 29 September 2020, the Double Taxation Agreement (DTA) between Hungary and Kyrgyzstan was signed in Budapest. |
Chile, Egypt, UAE and Zambia | On 27 September 2020, the Cabinet of the United Arab Emirates (UAE) approved the Double Taxation Agreement (DTA) with Chile, Egypt and Zambia for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income. |
Turkey and Ukraine | On 24 September 2020, Mr. Recep Tayyip Erdoğan, the President of Turkey signed a decision ratifying the amending protocol to the Double Taxation Agreement (DTA) with Ukraine. |
Rwanda and Turkey | On 24 September 2020, Mr. Recep Tayyip Erdoğan, the President of Turkey signed a decision ratifying the Double Taxation Agreement (DTA) with Rwanda. |
Saudi Arabia and Switzerland | On 22 September 2020, the upper house of parliament of Switzerland approved the Double Taxation Agreement (DTA) with Saudi Arabia. |
Azerbaijan, Cape Verde, Romania and Spain | On 22 September 2020, the Spanish Senate approved the Double Taxation Agreement (DTA) with Azerbaijan, Cape Verde and Romania for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income. |
Spain and UK | On 22 September 2020, the Senate of Spain approved a bill ratifying the Double Taxation Agreement (DTA) with the United Kingdom (UK) regarding Gibraltar. |
Finland and Germany | On 18 September 2020, Germany’s upper house of the parliament approved a bill ratifying the amending protocol to the Double Taxation Agreement (DTA) with Finland. |
Jamaica and Japan | On 16 September 2020, the Double Taxation Agreement (DTA) between Jamaica and Japan entered into force. The DTA contains Dividends rate 5% for at least 20% capital holding or voting power; otherwise 10%, Interest rate 10%, and Royalties rate 2% for the use of, or the right to use, industrial, commercial or scientific equipment; otherwise 10%. The DTA applies from 16 September 2020 for exchange of information Article and Assistance in the Collection of Taxes Article and from 1 January 2021 for other taxes. |
Japan and Uzbekistan | On 15 September 2020, Mr. Shavkat Mirziyoyev, the President of Uzbekistan signed a decree ratifying the Double Taxation Agreement (DTA) with Japan. Once in force and effective, the new DTA will replace the former DTA of 1986. |
Colombia and France | On 15 September 2020, the Colombian lower house of Congress approved the Double Taxation Agreement (DTA) with France. |
Korea (Rep.) and Uzbekistan | On 15 September 2020, Mr. Shavkat Mirziyoyev, the President of Uzbekistan signed a decree ratifying the amending protocol to the Double Taxation Agreement (DTA) with Korea (Rep.). |
Bulgaria and Netherlands | On 14 September 2020, the Double Taxation Agreement (DTA) between Bulgaria and the Netherlands was signed in Sofia. The DTA contains Dividends rate 0% for at least 10% capital holding; otherwise 15%, Interest rate 5%, and Royalties rate 5%. Once in force and effective, the new DTA will replace the former DTA of 1990. |
Guernsey and Isle of Man | On 10 September 2020, the amending protocol to the Double Taxation Agreement (DTA) between Guernsey and Isle of Man was entered into force and applied from 10 September 2020. |
Spain and Ukraine | On 10 September 2020, the Double Taxation Agreement (DTA) between Spain and Ukraine was signed 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. |
Argentina and France | On 9 September 2020, France’s Council of Ministers approved a bill ratifying the amending protocol to the Double Taxation Agreement (DTA) with Argentina. |
Malta and Russia | On 9 September 2020, the Russian government authorized to sign the amending protocol to the Double Taxation Agreement (DTA) with Malta. |
Kazakhstan and Luxembourg | On 9 September 2020, Kazakhstan’s lower house of parliament approved the amending protocol to the Double Taxation Agreement (DTA) with Luxembourg. |
Argentina and Austria | On 9 September 2020, the Austrian Council of Ministers approved the Double Taxation Agreement (DTA) with Argentina for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income. |
Cyprus and Russia | On 8 September 2020, the government of Cyprus and Russia signed an amending protocol to increase the withholding tax rate to 15% on dividends and interest under the Double Taxation Agreement (DTA) between them. |
Kosovo and Netherlands | On 4 September 2020, Mr. Hashim Thaçi, the President of Kosovo signed a decree ratifying the Double Taxation Agreement (DTA) with the Netherlands. |
India and Kyrgyzstan | On 3 September 2020, Kyrgyzstan’s parliament approved a bill ratifying the amending protocol to the Double Taxation Agreement (DTA) with India. |
Cambodia and Malaysia | On 3 September 2019, the Double Taxation Agreement (DTA) between Cambodia and Malaysia was signed. The DTA contains Dividends rate 10%, Interest rate 10%, Royalties rate 10%, and technical service fees 10%. |
Cyprus and Russia | On 2 September 2020, the government of Russia authorized to sign the amending protocol to the Double Taxation Agreement (DTA) with Cyprus. |
New Zealand and Slovak Republic | On 1 September 2020, the government of the Slovak Republic authorized to sign a Double Taxation Agreement (DTA) with New Zealand. |
Cambodia and Macau | On 27 August 2020, the government of Macau authorized to sign a Double Taxation Agreement (DTA) with Cambodia for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income. |
Botswana and Czech Republic | On 26 August 2020, Botswana ratified the Double Taxation Agreement (DTA) with the Czech Republic. |
Tax Treaty News: October 2020
16 October, 2020