Hong Kong and Serbia The Double Taxation Agreement (DTA) between Hong Kong and Serbia was signed in Hong Kong on 27 August 2020 and in Belgrade on 14 August 2020.
Bahrain, Kuwait and SwitzerlandOn 26 August 2020, the Swiss Federal Council adopted the dispatches on a new Double Taxation Agreement (DTA) with Bahrain and on the protocol of amendment to the DTA with Kuwait.
India and IranOn 24 August 2020, Iran declared that Iranian President Mr. Hassan Rouhani has signed a law ratifying the Double Taxation Agreement (DTA) with India.
Hong Kong and Macau On 18 August 2020, the Double Taxation Agreement (DTA) between Hong Kong and Macau entered into force and applies from 1 January 2021 for Macau and from 1 April 2021 for Hong Kong. The DTA contains Dividends rate 5%, Interest rate 5%, and Royalties rate 3%.
Botswana and Luxembourg On 14 August 2020, Luxembourg has ratified the Double Taxation Agreement (DTA) with Botswana.
Kazakhstan and LuxembourgOn 14 August 2020, Luxembourg has ratified the amending protocol to the Double Taxation Agreement (DTA) with Kazakhstan.
Estonia and GermanyOn 13 August 2020, the government of Estonia has authorized to sign the amending protocol to the Double Taxation Agreement (DTA) with Germany.
Egypt and UAEOn 12 August 2020, the Egyptian Cabinet approved the ratification to the Double Taxation Agreement (DTA) with the United Arab Emirates. Once in force and effective, the new DTA will replace the former DTA of 1994.
Czech Republic and Ghana On 11 August 2020, the Double Taxation Agreement (DTA) between Czech Republic and Ghana was entered into force and applies from 1 January 2021. The DTA contains Dividends rate 6% for at least 25% capital holding; otherwise 15%, Interest rate 10%, and Royalties rate 8%.
Bangladesh and Czech Republic On 10 August 2020, the cabinet of Bangladesh has approved the Double Taxation Agreement (DTA) with the Czech Republic for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income.
Bangladesh and Maldives On 10 August 2020, the cabinet of Bangladesh has approved to sign the Double Taxation Agreement (DTA) with Maldives.
China and Congo (Rep.)On 7 August 2020, the Senate of the Republic of the Congo approved the Double Taxation Agreement (DTA) with China.
Estonia and Guernsey On 6 August 2020, the Double Taxation Agreement (DTA) between Estonia and Guernsey was entered into force and applies from 1 January 2021.
Netherlands and RussiaOn 5 August 2020, the Russian Ministry of Finance has proposed to revise the minimum WHT rate to 15% of the Double Taxation Agreement (DTA) with the Netherlands.
Colombia, Italy and JamaicaOn 17 July 2020, Italy has ratified the Double Taxation Agreement (DTA) with Colombia and Jamaica for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income.
Hong Kong and Macau On 17 July 2020, Hong Kong ratified 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.
Italy and UruguayOn 17 July 2020, Italy has ratified the Double Taxation Agreement (DTA) with Uruguay.
Cyprus and Egypt On 31 July 2020, the Double Taxation Agreement (DTA) between Cyprus and Egypt was entered into force and applies from 1 January 2021. The DTA contains Dividends rate 5% for at least 20% capital holding; otherwise 10%, Interest rate 10%, and Royalties rate 10%.
Mauritius and ZambiaOn 30 June 2020, the National Assembly of Mauritius declared that the Double Taxation Agreement (DTA) with Zambia has been terminated by Zambia. The DTA will apply in Mauritius up to 30 June 2021 and in Zambia up to 31 December 2020.
Botswana and LesothoOn 30 January 2020, the Double Taxation Agreement (DTA) between Botswana and Lesotho was entered into force. The DTA applies in Botswana from 29 February 2020 for withholding taxes purpose and for other taxes from 1 April 2020. The DTA applies in Lesotho from 29 February 2020 for withholding taxes purpose and for other taxes from 1 July 2020. The DTA contains Dividends rate 10% for at least 25% capital holding; otherwise 15%, Interest rate 10%, and Royalties rate 10%.