Latest Treaty Updates: San Marino


Treaty Update: Cyprus - San Marino

25/5/2017

Cyprus and San Marino signed a DTA Protocol on May 19, 2017.


Treaty Update: Canada - San Marino

26/10/2016

Canada intends to negotiate a DTA with San Marino, it was confirmed on October 7.


Treaty Update: Canada - San Marino

17/10/2016

The Canadian Government recently disclosed that it intends to conclude DTA negotiations with San Marino.


Treaty Update: San Marino - Latvia

6/10/2015

San Marino and Latvia are engaged in negotiations towards a DTA, it was confirmed following a bilateral meeting on September 25.


Treaty Update: Azerbaijan - San Marino

21/9/2015

Azerbaijan and San Marino signed a DTA on September 8, 2015.


Treaty Update: San Marino - United States

10/7/2015

San Marino and the United States are engaged in negotiations towards a DTA, the San Marino Government said on June 23, 2015.


Treaty Update: Switzerland - San Marino

16/5/2014

Switzerland and San Marino signed a TIEA on May 16, 2014.


Treaty Update: Singapore - San Marino

16/12/2013

Singapore and San Marino signed a DTA on December 11, 2013.


Treaty Update: Ireland - San Marino

2/10/2013

Ireland's tax information exchange agreement with San Marino will become effective on January 1, 2014, following its entry into force on May 12, 2013, Ireland's tax authority has confirmed.


Treaty Update: San Marino - Indonesia

1/10/2013

According to preliminary media reports, Indonesia and San Marino signed a TIEA on September 25, 2013.


Treaty Update: Italy - San Marino

15/7/2013

Italy's Senate on July 8, 2013, ratified the pending DTA Protocols Italy signed with San Marino on March 21, 2002, and June 13, 2012.


Treaty Update: San Marino - Greece

9/7/2013

The Government of San Marino on June 26, 2013, announced the signing of a DTA with Greece.


Treaty Update: Ireland - San Marino

10/6/2013

According to preliminary media reports, the TIEA signed between Ireland and San Marino entered into force on May 12, 2013.


Treaty Update: Italy - San Marino

7/6/2013

An Italian parliamentary finance committee on June 4, 2013, endorsed the DTA signed with San Marino as part of the nation's domestic ratification procedures.


Treaty Update: San Marino - Singapore

1/5/2013

According to an update issued by the Government of San Marino on April 18, 2013, the territory is engaged in negotiations towards a DTA with Singapore and initialled a draft text in December 2012.


Treaty Update: Vietnam - San Marino

19/2/2013

Vietnam and San Marino signed a DTA on February 14, 2013.


Treaty Update: Poland - San Marino

12/2/2013

According to preliminary media reports, the TIEA signed between Poland and San Marino on March 31, 2013, is to enter into force on February 28, 2013.


Treaty Update: San Marino - Barbados

28/12/2012

According to the government of Barbados, Barbados and San Marino signed a DTA on December 14, 2012.


Treaty Update: Italy - San Marino

11/12/2012

Italy's Cabinet on December 6, 2012, approved a law ratifying the DTA and accompanying Protocol signed between Italy and San Marino, which includes tax information exchange provisions.


Treaty Update: Greenland - San Marino

29/11/2012

According to preliminary media reports, the TIEA signed between Greenland and San Marino on September 22, 2009, will enter into force on December 7, 2012.


Treaty Update: Iceland - San Marino

11/10/2012

According to preliminary media reports, the TIEA signed between Iceland and San Marino in 2010 will enter into force on November 3, 2012.


Treaty Update: San Marino - Various

5/10/2012

According to preliminary media reports, San Marino signed two DTAs, with the Seychelles and Georgia, on September 28, 2012.


Treaty Update: Czech Republic - San Marino

11/9/2012

According to preliminary media reports, the TIEA signed between San Marino and the Czech Republic on November 25, 2011, entered into force on September 6, 2012.


Treaty Update: San Marino - Poland

3/8/2012

According to preliminary media reports, San Marino on July 26, 2012, ratified the pending TIEA it signed with Poland on March 31, 2012.


Treaty Update: San Marino - China

12/7/2012

According to China's State Administration of Taxation, San Marino and China signed a TIEA in Beijing on July 9, 2012.


Treaty Update: San Marino - Ireland

11/7/2012

San Marino and Ireland on July 5, 2012, signed a Protocol amending their 2002 DTA to include tax information exchange provisions.


Treaty Update: Argentina - San Marino

25/6/2012

According to preliminary media reports, the TIEA signed between Argentina and San Marino entered into force on June 16, 2012.


Treaty Update: Italy - San Marino

18/6/2012

Italy and San Marino signed a Protocol amending their DTA to add tax information exchange protocols on June 13, 2012.


Treaty Update: Samoa - San Marino

6/4/2012

According to preliminary media reports, the TIEA signed between San Marino and Samoa entered into force on March 21, 2012.


Treaty Update: San Marino - Poland

5/4/2012

The San Marino Chamber of Commerce has disclosed that San Marino and Poland signed a TIEA on March 31, 2012.


Treaty Update: South Africa - San Marino

3/4/2012

On March 23, 2012, the South African government published the TIEA between South Africa and San Marino in the nation's Official Gazette as part of the its ratification procedures.


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: South Africa - San Marino

31/1/2012

South Africa's TIEA with San Marino was published in South Africa's Gazette on January 28, 2012, and entered into force immediately.


Treaty Update: San Marino - Germany

5/1/2012

According to preliminary media reports, the TIEA signed between San Marino and Germany entered into force on December 21, 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: San Marino - Bahamas

14/11/2011

According to the government of San Marino, the TIEA signed between San Marino and the Bahamas on September 24, 2009, entered into force on November 10, 2011.


Treaty Update: San Marino - Canada

4/11/2011

According to preliminary media reports, the TIEA signed between San Marino and Canada on October 27, 2010 entered into force on October 20, 2011.


Treaty Update: San Marino - Canada

27/10/2011

The TIEA signed between Canada and San Marino on October 27, 2010, entered into force on October 20, 2011.


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: Luxembourg - San Marino

19/8/2011

According to preliminary media reports, a protocol to the DTA between Luxembourg and San Marino entered into force on August 5, 2011. The protocol was signed in 2009 and will become effective from January 1, 2012.


Treaty Update: San Marino - South Africa

5/8/2011

According to preliminary media reports, the Tax Information Exchange Agreement signed with South Africa was ratified by San Marino's legislative assembly on July 21, 2011.


Treaty Update: San Marino - United Kingdom

5/8/2011

According to preliminary media reports, the TIEA between San Marino and the UK entered into force on July 27, 2011. The TIEA was signed February 16, 2010.


Treaty Update: Poland - San Marino

5/8/2011

According to preliminary media reports, a DTA was initialled between San Marino and Poland on August 1, 2011.


Treaty Update: Belgium - San Marino

19/7/2011

According to preliminary media reports, the Belgian parliament ratified a Protocol to the DTA with San Marino on July 7, 2011.


Treaty Update: United Kingdom - San Marino

18/7/2011

The UK issued on July 13 an International Tax Enforcement Order giving effect to the TIEA with San Marino, signed on February 16, 2010.


Treaty Update: Romania - San Marino

13/6/2011

Romania ratified


Treaty Update: United Kingdom - San Marino

8/6/2011

The UK issued draft legislation. The TIEA covers all taxes in both territory, and provides for the exchange of information relevant to the administration and enforcement of domestic tax laws, and the determination, assessment and collection of such taxes, the recovery and enforcement of tax claims and the investigation/prosecution of tax matters. The TIEA also provides for the exchange of information held by banks and other financial institutions, and information regarding the ownership of partnerships, trusts, and foundations.


Treaty Update: Guernsey - San Marino

8/6/2011

In San Marino, the TIEA applies to income tax and corporate/proprietorship income tax. In Guernsey the TIEA applies to income tax and dwellings profit tax. The TIEA provides for the exchange of informationr elevant to the administration and enforcement of domestic tax laws, and the determination, assessment and collection of taxes, the recovery and enforcement of tax claims, and the investigation/prosecution of tax matters. The TIEA also provides for the exchange of information held by banks and other financial institutions, and information regarding the ownership of companies, partnerships, and, in certain cases, investment funds or schemes, trusts and foundations. The TIEA also contains a mutual assistance procedure and a mutual agreement procedure.


Treaty Update: San Marino - Vanuatu

1/6/2011

In San Marino, the TIEA applies to general income tax on individuals and corporations, and to all taxes in Vanuatu. The TIEA also provides for the exchange of information held by banks and other financial institution, and information regarding the ownership of companies, partnerships, trusts and foundations.


Treaty Update: South Africa - San Marino

27/5/2011




Treaty Updates by Territory


Latest News


Italy Expects Revenue From San Marino Compliance 29/4/2015
The Italian Minister of the Economy and Finance, Pier Carlo Padoan, has confirmed that he expects additional tax revenue from Italian citizens with undeclared investments in San Marino from the Italian voluntary disclosure program.

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San Marino Off Italian Blacklist 5/8/2013
The publication in the Italian Official Gazette, with an entry into force of July 31, 2013, of the double taxation agreement between Italy and San Marino signifies that San Marino will be taken off the "black list" of countries Italy considers to be tax havens.

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Andorra, EU Initiate Savings Tax Talks 4/7/2013
Andorran Prime Minister Antoni Marti has held talks with European Tax Commissioner Algirdas Šemeta, with the discussions focusing on the adopted mandate of the European Council of Ministers regarding negotiations with third countries on extending the savings tax directive, to close loopholes.

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Italy, San Marino DTA Clears Italian Committees 11/6/2013
While the Italian Cabinet had approved the ratification of the double taxation agreement between Italy and San Marino back in December last year, delays because of the Italian general election in February, and then in forming a new Government, meant that its ratification was only able to pass through the legislative committee stage on June 5.

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Vietnam, San Marino Sign DTA 20/2/2013
In Rome on February 14, Truong Chi Trung, the Vietnamese Deputy Finance Minister, and San Marino’s Minister for Finance and Budget, Claudio Felici, signed a double taxation agreement between their two countries.

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Barbados, San Marino Sign DTA 31/12/2012
Barbados has welcomed a new addition to its network of double tax agreements, following the signature of a new tax treaty with San Marino.

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Italian Cabinet Approves DTA With San Marino 12/12/2012
On December 6, 2012, the Italian Cabinet approved the ratification of the double taxation agreement between Italy and San Marino, which also includes a Protocol for the exchange of tax information.

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Barbados Targets Improved Investment Environment 19/10/2012
The Barbados government is endeavouring to substantially improve the island's business environment to attract and retain investment, the territory's Minister for International Business, George Hutson, has told business leaders.

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Italy, San Marino Sign TIE Protocol 15/6/2012
A protocol for the exchange of tax information between Italy and San Marino was finally signed in Rome on June 13 by San Marino’s Secretary of State for Foreign Affairs, Antonella Mularoni, and the Italian Minister for Foreign Affairs, Giulio Terzi di Sant’Agata.

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Netherlands Notes Tax Agreements' Entry Into Force 30/12/2010
The Netherlands government has announced the ratification of a revised double tax agreement with the United Kingdom, approved by the Netherlands’ Senate in late December.

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Liechtenstein Approves DTAs 10/6/2010
Liechtenstein’s government has approved double taxation agreements with Luxembourg and the Republic of San Marino, which were signed last year.

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San Marino Remains On Italian Black List 14/5/2010
Following certain media stories that have been circulating in the country, the Italian Ministry of the Economy and Finances has issued a press release in which it confirms that San Marino remains on Italy’s 'black list' of countries considered to be tax havens.

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San Marino Fears Italian VAT Black List 15/4/2010
San Marino’s government has announced various measures in order to try and avoid being placed on a black list under new Italian value-added tax reporting requirements for transactions from July 1 this year.

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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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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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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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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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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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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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