Ukraine Ratifies Tax Treaty With Malta 20/4/2017
On April 13, 2017, the Ukrainian Parliament ratified its tax treaty with Malta, which provides for lower withholding tax rates on dividends, interest, and royalties.
Swiss Court Denies French Data Request 7/4/2017
Switzerland's highest court has ruled that the Swiss Government cannot honor a request by the French tax authorities for data on two clients of a Swiss bank because the information at issue was obtained illegally.
Australia, China To Amend FTA And DTA 24/3/2017
Australia and China have agreed to discuss the further liberalization of services and investment under their free trade agreement, and to update their double tax agreement.
Irish Citizen Denied US Tax Refund On Gambling Winnings 6/3/2017
The United States Court of Federal Claims has turned down a claim from an Irish citizen that more than USD5m in US tax withheld on gambling winnings be refunded under the US-Ireland double tax avoidance agreement.
Hong Kong Seeking To Improve Insurance Tax Incentives 6/3/2017
The Financial Services Development Council released a report on March 3
on the policies, including tax measures, Hong Kong could adopt to improve its
position as an insurance hub, especially in reinsurance, marine insurance,
Hong Kong, Pakistan Sign DTA 21/2/2017
On February 17, Hong Kong and Pakistan signed a comprehensive double taxation
agreement, which sets out the allocation of taxing rights between the two
jurisdictions and will aid the assessment of tax liabilities arising out of cross-border
SARS Modifies Ruling On Taxes Applicable To DTAs 6/2/2017
The South African Revenue Service has issued a revised binding general
ruling that identifies the taxes administered by the agency that constitute
taxes on income for the purposes of South Africa's
double taxation agreements.
India, Singapore Revise Tax Treaty 5/1/2017
India and Singapore have signed a protocol to limit abuse of their double taxation avoidance agreement. India had also recently agreed a similar change to its tax treaty with Mauritius and Cyprus.
Hong Kong, Romania DTA In Effect 16/12/2016
On December 9, Hong Kong's Inland Revenue Department announced that the double
taxation agreement between Hong Kong and Romania has come into force and
will have effect with respect to income derived on or after January 1, 2017.
New Zealand Planning More BEPS Measures 10/11/2016
New Zealand's tax agency has set out the international tax initiatives it intends to pursue, in particular in response to the OECD's base erosion and profit shifting plan.
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