Latest Treaty Updates: Brunei


Treaty Update: Luxembourg - Brunei

6/2/2017

According to preliminary media reports, the Luxembourg-Brunei DTA entered into force on January 26, 2017.


Treaty Update: Brunei - Kuwait

20/10/2016

Brunei and Kuwait signed a DTA Protocol on October 11, 2016.


Treaty Update: Luxembourg - Brunei

27/7/2015

Luxembourg and Brunei signed a DTA on July 14, 2015.


Treaty Update: Korea, South - Brunei

12/12/2014

The Republic of Korea signed a DTA with Brunei on December 9, 2014.


Treaty Update: Bahrain - Brunei

6/2/2014

Bahrain on February 4, 2014, ratified the DTA Protocol signed with Brunei, the state news agency has confirmed.


Treaty Update: Bahrain - Brunei

8/1/2014

The DTA signed between Bahrain and Brunei was tabled before Bahrain's Cabinet for its approval on January 5, 2014.


Treaty Update: Bahrain - Brunei

14/11/2013

The Finance and Economic Affairs Committee of Bahrain's upper house of parliament, the Shura Council, has approved a law to ratify the DTA signed between Bahrain and Brunei.


Treaty Update: Brunei - Australia

9/8/2013

Australia and Brunei on August 7, 2013, signed a Tax Information Exchange Agreement.


Treaty Update: Canada - Brunei

13/5/2013

Canada and Brunei signed a Tax Information Exchange Agreement on May 9, 2013.


Treaty Update: Bahrain - Brunei

21/12/2012

Bahrain and Brunei signed a Protocol to amend their 2008 DTA on December 18, 2012.


Treaty Update: United Kingdom - Brunei

17/12/2012

The UK and Brunei signed a Protocol to amend their existing DTA on December 11, 2012, the UK tax authority, HM Revenue and Customs, has announced.


Treaty Update: Finland - Brunei

8/11/2012

The Finnish government on November 2, 2012, ratified the pending TIEA the territory signed with Brunei.


Treaty Update: Brunei - Various

3/7/2012

Brunei signed TIEAs with the Nordic group of countries, which includes Sweden, Denmark, Norway, Finland, Iceland, Greenland, and the Faroe Islands, on June 27, 2012.


Treaty Update: Denmark - Brunei

2/7/2012

According to the Danish government, Denmark and Brunei signed a TIEA on June 27, 2012.


Treaty Update: Qatar - Brunei

20/1/2012

A DTA between Qatar and Brunei was signed on January 17, 2012 during the Emir of Qatar, Sheikh Hamad bin Khalifa Al-Thani's state visit to Brunei.


Treaty Update: Bahrain - Brunei

14/10/2011

According to preliminary media reports, an amending protocol to the DTA between Bahrain and Brunei was approved for signing by Bahrain's Cabinet on October 9, 2011.




Treaty Updates by Territory


Latest News


UK Gov't Amends View On DTA Residence Articles 1/12/2015
UK tax authority HM Revenue and Customs has announced a change of view on the interpretation of the company residence articles in 16 double taxation agreements.

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French Senate Backs Oman DTA Protocol 12/2/2013
The French Senate has recently adopted a bill authorizing the approval of a protocol to the bilateral agreement between France and Oman aimed at avoiding double taxation.

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Hong Kong, Brunei DTA Comes Into Effect 30/12/2010
Both parties having completed their ratification procedures, the double taxation agreement between Hong Kong and Brunei, which was originally signed on March 20 this year, came into effect on December 19.

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Singapore, Brunei Info Sharing Protocol In Force 3/8/2010
A protocol to the existing double taxation agreement between Singapore and Brunei will enter into force on August 29, 2010, after completion of ratification procedures by both countries.

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Hong Kong To Implement DTAs 8/7/2010
Orders made to implement double taxation agreements with Brunei, the Netherlands and Indonesia for the avoidance of double taxation and the prevention of tax evasion have been gazetted.

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Hong Kong And Brunei Sign DTA 22/3/2010
Hong Kong’s Financial Secretary, John C Tsang, and Brunei’s Second Minister of Finance, Pehin Dato Abdul Rahman Ibrahim, have signed a comprehensive double taxation agreement agreement between their two countries.

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NZ Emissions 'Tax' Attacked 15/3/2010
The ACT New Zealand Party, a member of the country’s present coalition government, has continued its opposition to New Zealand’s new carbon emissions trading scheme, calling it a tax that will increase inflation in the economy.

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Hong Kong Property Taxes Reviewed 16/3/2010
Hong Kong’s Financial Secretary, John C Tsang, made the traditional post-budget speech at the Joint Business Community Luncheon on March 12 and, in particular, reviewed the tax measures taken to increase the transaction cost of property speculation so as to reduce the risk of a property bubble being created.

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Orascom Loses Algerian Tax Appeal 12/3/2010
Egyptian telecom company, Orascom Telecom, has announced that its Algerian subsidiary, Orascom Telecom Algérie, has received a rejection to its appeal, made in December last year, against the notice for taxes and penalties it had received from the Algerian tax authorities the month previously.

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Switzerland, Slovakia Initial Revised DTA 12/3/2010
It has recently emerged that Switzerland and Slovakia have initialled a revised bilateral double taxation agreement, containing the Organization for Economic Cooperation and Development’s standard on tax information exchange.

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UK Budget To Hit The Rich 12/3/2010
Wealthy individuals may have less than two weeks to put plans in place to reduce the tax impact of the Chancellor’s pre-election Budget, warns PKF Accountants and business advisers.

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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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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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Malaysia Not Cancelling GST 12/3/2010
After a government meeting, Malaysia’s Second Finance Minister, Datuk Seri Ahmad Husni Hanadzlah, has rejected any suggestion that the proposed introduction of a goods and services tax has been cancelled.

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Australia Promised Full Debate On Tax Review 15/3/2010
Following indications that the Australian government was thinking of a delay to the release of the Henry tax review, the Treasurer, Wayne Swan, has now confirmed that it will be issued in good time for a full debate on any proposed tax changes.

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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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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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Bahrain And UK Sign DTA 11/3/2010
The Kingdom of Bahrain’s Minister of Finance, Shaikh Ahmed bin Mohammed Al Khalifa, and UK ambassador, Jamie Bowden, signed a comprehensive double taxation agreement between the two countries in Manama on March 10.

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Australia And Chile Sign DTA 11/3/2010
Australia’s Assistant Treasurer, Nick Sherry, has announced that Australia and Chile have signed a comprehensive bilateral double taxation agreement – the second such agreement between Australia and a South American country.

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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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US Senate Approves Tax Extenders Bill 12/3/2010
US Senate Finance Committee Chairman Max Baucus has applauded the Senate’s passage of legislation to extend tax cuts, unemployment insurance benefits and eligibility for unemployment benefits and health care for unemployed workers through the end of 2010.

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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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