Singapore and Nigeria | On 1 November 2018, the Double Taxation Agreement (DTA) between Nigeria and Singapore will enter into force and applies from 1 January 2019. The agreement contains Dividends rate 7.5%, Interest rate 7.5% and Royalties rate 7.5%. |
Japan and Estonia | On 29 September 2018, the Double Taxation Agreement (DTA) between Estonia and Japan will enter into force and apply from 1 January 2019. |
Japan and Lithuania | On 31 August 2018, the Double Taxation Agreement (DTA) between Japan and Lithuania was entered into force and applies from 1 January 2019. |
Czech Republic and Senegal | On 29 August 2018, the government of the Czech Republic approved to sign the Double Taxation Agreement (DTA) with Senegal for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income. |
Nordic Convention | On 29 August 2018, the Nordic countries (Denmark, Faroe Islands, Finland, Iceland, Norway and Sweden) signed an amending protocol of Double Taxation Agreement (DTA). |
Gabon and Singapore | On 28 August 2018, Singapore signed a comprehensive Agreement for the Avoidance of Double Taxation (DTA) with the Gabonese Republic. The agreement contains Dividends rate 10%, Interest rate 10% and Royalties rate 10%. |
Macau and Vietnam | On 27 August 2018, Vietnam approved the Double Taxation Agreement (DTA) with Macau for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income. |
Cape Verde and Spain | On 24 August 2018, Spain approved the Double Taxation Agreement (DTA) with Cape Verde for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income. |
Kyrgyzstan and Turkmenistan | On 23 August 2018, the Double Taxation Agreement (DTA) between Kyrgyzstan and Turkmenistan was signed for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income, in Ashgabat. |
Switzerland and UK | On 22 August 2018, the Federal Council of Switzerland adopted a dispatch for the ratification of the amending protocol to the Double Taxation Agreement (DTA) with the UK. |
Morocco and Azerbaijan | On 20 August 2018, Morocco approved the Double Taxation Agreement (DTA) with Azerbaijan for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income. |
Morocco and Congo (Rep.) | On 20 August 2018, Morocco approved the Double Taxation Agreement (DTA) with Republic of the Congo for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income. |
Jersey and Liechtenstein | On 17 August 2018, the Double Taxation Agreement (DTA) between Jersey and Liechtenstein was signed for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income. |
Iraq and UAE | On 16 August 2018, the Iraqi Council of Ministers has approved the Double Taxation Agreement (DTA) with the United Arab Emirates for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income. |
Oman and Sri Lanka | On 15 August 2018, the Double Taxation Agreement (DTA) between Oman and Sri Lanka was signed for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income, in Colombo. |
Indonesia and Niger | On 9 August 2018, the Double Taxation Agreement (DTA) between Indonesia and Niger was signed for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income. |
Hong Kong and New Zealand | On 9 August 2018, the amending protocol of Double Taxation Agreement (DTA) between Hong Kong and New Zealand was entered into force and applies from 9 August 2018. |
Chile and Uruguay | On 7 August, the Senate of Chile approved the Double Taxation Agreement (DTA) with Uruguay for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income. The agreement contains Dividends rate 5% for at least 25% holding; otherwise 15%, Interest rate 15% and Royalties rate 10%. |
Saudi Arabia and Bulgaria | On 7 August 2018, the Saudi Arabia approved the Double Taxation Agreement (DTA) with Bulgaria for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income. |
Latvia and Vietnam | On 6 August 2018, the Double Taxation Agreement (DTA) between Latvia and Vietnam was entered into force and applies from 1 January 2019. |
Russia and Belgium | On 3 August 2018, the President of Russia signed a Law ratifying the amending protocol of Double Taxation Agreement (DTA) with Belgium. Once in force and effective, the new DTA and protocol will replace the existing DTA of 1995. |
Russia and Japan | On 3 August 2018, the President of Russia signed a Law ratifying the Double Taxation Agreement (DTA) with Japan. Once in force and effective, the new DTA will replace the existing DTA of 1986. |
Singapore and Latvia | On 3 August 2018, the amending protocol of Double Taxation Agreement (DTA) between Latvia and Singapore was entered into force and applies from 1 January 2019. |
Ecuador and Switzerland | On 1 August 2018, Ecuador ratified the amending protocol of Double Taxation Agreement (DTA) with Switzerland to update Exchange of Information Article in accordance with the OECD standard for information exchange. |
Vietnam and Cambodia | On 31 July 2018, the tax authority of Vietnam announced that, Vietnam ratified the Double Taxation Agreement (DTA) with Cambodia. The agreement contains Dividends rate 10%, Interest rate 10% and Royalties rate 10%. |
Russia and Belgium | On 28 July 2018, the Russia’s parliament approved the amending protocol of Double Taxation Agreement (DTA) with Belgium. Once in force and effective, the new DTA and protocol will replace the existing DTA of 1995. |
Russia and Japan | On 28 July 2018, the Russia’s parliament approved the Double Taxation Agreement (DTA) with Japan. Once in force and effective, the new DTA and protocol will replace the existing DTA of 1995. Once in force and effective, the new DTA will replace the existing DTA of 1986. |
Austria and Kosovo | On 27 July 2018, Kosovo approved a law ratifying the Double Taxation Agreement (DTA) with Austria for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income. The agreement contains Dividends rate 0% for at least 25% holding of the paying company’s capital; otherwise 15%, Interest rate 10% and Royalties rate 0%. |
Belarus and UK | On 27 July 2018, the Double Taxation Agreement (DTA) between Belarus and United Kingdom was entered into force and applies from 1 October 2018. From this dates, the new DTA will replace the existing DTA of 1985. The agreement contains Dividends rate 5% to 15%, Interest rate 0% to 5% and Royalties rate 5%. |
Moldova and UAE | On 26 July 2018, the Double Taxation Agreement (DTA) between Moldova and United Arab Emirates was entered into force and applies from 1 January 2017. The agreement contains Dividends rate 5%, Interest rate 6% and Royalties rate 6%. |
Belgium and Spain | On 24 July 2018, the amending protocol of Double Taxation Agreement (DTA) between Belgium and Spain was entered into force and applies from 1 January 2019. |
Palestine and Sudan | On 18 July 2018, Palestine ratified the Double Taxation Agreement (DTA) with Sudan for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income. |
Palestine and UAE | On 18 July 2018, Palestine ratified the Double Taxation Agreement (DTA) with United Arab Emirates for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income. |
Ghana and Czech Republic | On 6 July 2018, the Parliament of Ghana ratified the Double Taxation Agreement (DTA) with Czech Republic. |
Ghana and Morocco | On 6 July 2018, the Parliament of Ghana ratified the Double Taxation Agreement (DTA) with Morocco. |
Ghana and Singapore | On 6 July 2018, the Parliament of Ghana ratified the Double Taxation Agreement (DTA) with Singapore. |
Palestine and Sri Lanka | On 1 July 2018, Palestinian Tax Authorities announced that, Palestine ratified the Double Taxation Agreement (DTA) with Sri Lanka. The agreement contains Dividends rate 10%, Interest rate 10% and Royalties rate 10%. |
Palestine and Venezuela | On 1 July 2018, Palestinian Tax Authorities announced that, Palestine ratified the Double Taxation Agreement (DTA) with Venezuela. The agreement contains Dividends rate 10% for more than 10% holding of the paying company’s capital; otherwise 15%, Interest rate 5% and Royalties rate 15%. |
Bahrain and Bangladesh | On 30 April 2018, the Double Taxation Agreement (DTA) between Bahrain and Bangladesh was entered into force. The agreement contains Dividends rate 10% for at least 10% holding of the company’s capital; otherwise 15%, Interest rate 10% and Royalties rate 10%. The DTA applies from 1 January 2019 in Bahrain and 1 July 2019 in Bangladesh. |
Tax Treaty News: September 2018
09 September, 2018