Latest Treaty Updates: Czech Republic


Treaty Update: Saudi Arabia - Czech Republic

27/4/2012

The Saudi Ministry of Finance has announced that Saudi Arabia and the Czech Republic signed a DTA on April 26, 2012.


Treaty Update: Bahrain - Czech Republic

26/4/2012

According to Bahrain's Ministry of Finance, the DTA signed between Bahrain and the Czech Republic on May 24, 2011, entered into force on April 10, 2012.


Treaty Update: Luxembourg - Czech Republic

20/4/2012

According to preliminary media reports, negotiations to add an amending protocol to the DTA between Luxembourg and the Czech Republic will commence on April 23, 2012.


Treaty Update: Jersey - Czech Republic

17/4/2012

According to preliminary media reports, the TIEA signed between Jersey and the Czech Republic on July 12, 2011, entered into force on March 16, 2012.


Treaty Update: Colombia - Czech Republic

29/3/2012

The Colombian Ministry of Finance on March 22, 2012, reported that Colombia had signed a DTA with the Czech Republic.


Treaty Update: Czech Republic - Various

23/3/2012

According to preliminary media reports, on March 22, 2012, the Czech Republic ratified the pending TIEAs signed with Jersey and Bermuda in 2011.


Treaty Update: Czech Republic - Bahamas

12/3/2012

According to preliminary media reports, on March 8, 2012, the Czech Republic initialled a TIEA with the Bahamas.


Treaty Update: Czech Republic - British Virgin Islands

12/3/2012

According to preliminary media reports, on February 1, 2012, the Czech Republic ratified the TIEA signed with the British Virgin Islands in June 2011.


Treaty Update: Poland - Czech Republic

8/3/2012

According to preliminary media reports, Poland's legislative assembly on February 15, 2012, ratified the pending DTA Poland signed with the Czech Republic in September 2011.


Treaty Update: Iran - Czech Republic

14/2/2012

According to preliminary media reports, Iran and the Czech Republic initialed a DTA on February 8, 2012.


Treaty Update: Hong Kong - Czech Republic

7/2/2012

The DTA signed between Hong and the Czech Republic on June 6, 2011, entered into force on January 24, 2012, according to information published by the Hong Kong tax authority.


Treaty Update: San Marino - Czech Republic

31/1/2012

According to preliminary media reports, San Marino ratified the pending TIEA with the Czech Republic on January 19, 2012.


Treaty Update: Czech Republic - Hong Kong

26/1/2012

According to preliminary media reports, the Czech Republic ratified the DTA signed with Hong Kong on January 9, 2012.


Treaty Update: Taiwan - Czech Republic

6/1/2012

According to preliminary media reports, Taiwan and the Czech Republic will commmence negotiations towards a DTA in three days of meetings beginning on January 16, 2012.


Treaty Update: Czech Republic - Uzbekistan

12/12/2011

According to preliminary media reports, a protocol amending the DTA between the Czech Republic and Uzbekistan was signed on December 8.


Treaty Update: Czech Republic - Switzerland

12/12/2011

The Swiss government has announced that a revised DTA between Switzerland and the Czech Republic was initialled on December 8, 2011.


Treaty Update: San Marino - Czech Republic

5/12/2011

According to the Czech Ministry of Foreign Affairs, a TIEA between the Czech Republic and San Marino was signed on November 25, 2011.


Treaty Update: Czech Republic - Barbados

31/10/2011

The Barbados government announced on October 27, 2011, the signing of a DTA between Barbados and the Czech Republic.


Treaty Update: Czech Republic - Singapore

21/10/2011

According to preliminary media reports, the first round of negotiations on an amending protocol to the DTA between the Czech Republic and Singapore will commence on October 24, 2011.


Treaty Update: Czech Republic - Poland

20/10/2011

A DTA between the Czech Republic and Poland was signed on September 14, 2011. The DTA is expected to enter into force during 2012.


Treaty Update: Singapore - Czech Republic

14/10/2011

According to preliminary media reports, three days of negotiations will begin between the governemnts of the Czech Republic and Singapore on October 24, 2011, to revise the current DTA between the two countries.


Treaty Update: Czech Republic - Croatia

7/10/2011

According to preliminary media reports, an amending protocol to the DTA of January 1999 between the Czech Republic and Croatia was signed on October 4, 2011.


Treaty Update: Czech Republic - Ukraine

16/9/2011

According to preliminary media reports, on September 8, 2011, Ukraine and the Czech Republic initialled an amending protocol to the 1997 DTA between the two countries.


Treaty Update: Czech Republic - Denmark

29/8/2011

The Czech Finance Ministry has said that a DTA with Denmark was signed on August 25, 2011. The treaty will replace the 1982 DTA which was signed between Denmark and the then Czechoslovakia.


Treaty Update: Czech Republic - San Marino

22/8/2011

According to preliminary media reports, a TIEA between the Czech Republic and San Marino was initialled on August 17, 2011.


Treaty Update: Czech Republic - Ukraine

22/8/2011

According to preliminary media reports, the Czech Republic and Ukraine will hold talks on a protocol to the existing DTA from September 6-8, 2011. The original DTA was signed June 30, 1997.


Treaty Update: Bermuda - Czech Republic

18/8/2011

According to the Bermudan government, a TIEA with the Czech Republic was signed on August 15, 2011. The TIEA adheres to the OECD standard on information exchange.


Treaty Update: Isle of Man - Czech Republic

21/7/2011

A Tax Information Exchange Agreement was signed by the Isle of Man and the Czech Republic on July 18, 2011, the IoM government has announced.


Treaty Update: Isle of Man - Czech Republic

21/7/2011

The Isle of Man and the Czech Republic have jointly declared that they will commence negotiations for a DTA after the TIEA, signed on July 17, 2011, enters into force.


Treaty Update: Jersey - Czech Republic

14/7/2011

The Jersey government confirmed the signing of a Tax Information Exchange Agreement with the Czech Republic on July 14, 2011.


Treaty Update: Jersey - Czech Republic

11/7/2011

Jersey's government has said that on July 12, 2011, it will sign a TIEA with the Czech Republic. The agreement will be Jersey's 22nd TIEA.


Treaty Update: Kosovo - Czech Republic

6/7/2011

According to Kosovo's Ministry of Finance, Kosovo and the Czech Republic finalised talks on a DTA on June 30, 2011. This will allow both parties to sign a DTA in the near future.


Treaty Update: Bahrain - Czech Republic

5/7/2011

According to preliminary sources, Bahrainian authorities on June 26, 2011, ratified a Double Tax Agreement concluded with the Czech Republic.


Treaty Update: Moldova - Czech Republic

28/6/2011

According to Moldova's Finance Ministry, Moldova and the Czech Republic signed a TIEA on June 23, 2011. The Ministry states that the agreement provides for the exchange of tax information.


Treaty Update: British Virgin Islands - Czech Republic

22/6/2011

The British Virgin Islands government announced the signing of the DTA on June 14, concluded on June 13.


Treaty Update: British Virgin Islands - Czech Republic

14/6/2011

The TIEA follows OECD standards nd provides for the exchange of information by request on civil and criminal tax matters. A Protocol was also agreed to, which agrees that no prejudicial or restrictive measures will be applied to residents or nationals based on harmful tax practices.


Treaty Update: Hong Kong - Czech Republic

8/6/2011

Hong Kong residents receiving dividends from the Czech Republic are currently taxed at 15% - this will reduce to 5% under the agreement. Interest will be exempt from withholding tax, which is currently 15%. Royalties, currently taxed at 15%, will be taxed at a maximum 10%. The DTA also sets out international shipping and airline regulations, and incorporates the latest OECD standard on the exchange of information.


Treaty Update: Bahrain - Czech Republic

1/6/2011

The DTA applies to all income taxes, including capital gains taxes, wage and salary taxes, and taxes on capital appreciation. The DTA provides permanent establishment, resident, immovable property rules, and for the elimination of double taxation and the exchange of information. Dividend withholding tax is charged at 5%. Interest is exempt from withholding tax. Royalties are taxed at 10%.


Treaty Update: Czech Republic - Serbia

1/6/2011

The DTA had been signed on September 8, 2009, and will apply from January 1, 2012. The DTA will replace the existing treaty, signed in 2004.


Treaty Update: Czech Republic - China

1/6/2011

The DTA been signed on August 28, 2009, and its provisions will come into effect from January 1, 2012. The DTA will replace the existing DTA, signed in 1987.


Treaty Update: Czech Republic - Guernsey

25/5/2011


Treaty Update: Czech Republic - Isle of Man

25/5/2011




Treaty Updates by Territory

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Hong Kong's DTA Network Expands 7/2/2012
Hong Kong’s double taxation agreement with the Czech Republic, signed on June 6, 2011, came into force on January 24 this year, while that with Spain, signed on April 1 last year, will come into effect on April 16, now that ratification procedures have been completed on all sides.

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Barbados Welcomes Czech Double Tax Pact 28/10/2011
The Barbados government announced on October 27, 2011, the signing of a convention for the avoidance of double taxation with the Czech Republic.

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IOM Signs TIEA With Czech Republic 25/7/2011
The Isle of Man has announced the signing of a Tax Information Exchange Agreement and a joint declaration on future tax cooperation with the Czech Republic.

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Panama To Sign DTA With Luxembourg 6/7/2010
The Panamanian government has finalized negotiations in Luxembourg ahead of the signing of a treaty to avoid double taxation between the two countries, announced deputy economy minister, Frank De Lima, who led the negotiating team for Panama.

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Hong Kong Property Taxes Reviewed 16/3/2010
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NZ Emissions 'Tax' Attacked 15/3/2010
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Orascom Loses Algerian Tax Appeal 12/3/2010
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Australia Promised Full Debate On Tax Review 15/3/2010
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Switzerland, Slovakia Initial Revised DTA 12/3/2010
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UK Budget To Hit The Rich 12/3/2010
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Malaysia Not Cancelling GST 12/3/2010
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UAE Completes VAT Study 12/3/2010
Authorities in the United Arab Emirates are inching closer to the introduction of a value-added tax.

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BVI To Review Taxes And Fees 15/3/2010
British Virgin Islands Prime Minister, Ralph O’Neal has said that the territory will run a budget surplus during 2010, although the government still intends to review indirect taxes and fees on financial services.

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Germany Approves Liechtenstein TIEA 15/3/2010
Germany’s Cabinet has recently approved a bill pertaining to the bilateral tax information exchange agreement with Liechtenstein.

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IRS Offers Help To Struggling Taxpayers 14/3/2010
The US Internal Revenue Service has announced several additional steps it is taking this tax season to help people having difficulties meeting their tax obligations because of unemployment or other financial problems.

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Baucus Seeks Trade Preference Reform 15/3/2010
Senate Finance Committee Chairman Max Baucus is leading efforts for reform of US trade preference programs accorded to developing countries.

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Jersey Riding Out Onshore Storm 15/3/2010
Jersey will overcome the evolving challenges being faced by offshore international financial centres, Geoff Cook, Chief Executive of Jersey Finance, told participants at a Breakfast Briefing in London.

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OECD Urges Fiscal Policy Shift 12/3/2010
Governments must now gear their economies towards jobs, international competitiveness and increasing the tax-take, the Organization for Economic Cooperation and Development has said in its latest ‘Going for Growth’ report, analyzing the next step for recovering economies.

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Tax Relief For California Storm Victims 11/3/2010
The State of California’s Franchise Tax Board on March 9 announced special tax relief for California taxpayers affected by the recent severe winter storms that started in January.

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Belgium's Kilometer Tax Opposed 11/3/2010
The Humanist group cdH of the Walloon parliament in Belgium has rejected the idea of a road tax levied per kilometre travelled, advocating instead the introduction of an inclusive road tax disc, which could then be modified to take certain environmental criteria into account.

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Amazon Retaliates Against Colorado 11/3/2010
Amazon.com cut ties with its Colorado affiliate marketers on March 8 after the US state forged ahead with its plan to introduce a mandatory Internet sales tax on e-businesses with an annual turnover exceeding USD100,000.

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Norway Urged To Revise Fiscal Policy 11/3/2010
The Organization for Economic Cooperation and Development has called on Norwegian authorities to revise fiscal policy in light of the nation’s recovering economy.

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MEPs Push EU Tobin Tax 12/3/2010
In a recently adopted resolution, the European Parliament has emphasized the need to develop plans for a global tax to discourage excessive risk-taking by financial institutions and to ensure that the financial industry pays for damage caused by the financial crisis.

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Swiss-German Tax Talks Resume 12/3/2010
During a recent visit to Berlin, Switzerland’s State Secretary Michael Ambühl, Head of the State Secretariat for International Financial Matters in the Federal Department of Finance, met with representatives of Germany's Federal Ministry of Finance and Federal Chancellery to exchange ideas on current financial and tax policy issues.

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