Latest News

India-Singapore Double Tax Changes In Force


On March 23, India published a notice ratifying the double tax Protocol signed with Singapore, which entered into force on February 27.

Italy, Switzerland Agree To Tax Information Group Requests


Italy and Switzerland have agreed to allow group requests for information relevant in tax matters.

Irish Citizen Denied US Tax Refund On Gambling Winnings


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


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, and captives.

Hong Kong, Pakistan Sign DTA


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 economic activities.

Netherlands, Uzbekistan Sign Anti-Abuse Agreement


The Netherlands has signed a protocol to its double tax avoidance treaty with Uzbekistan, designed to prevent the treaty from being inappropriately used to avoid taxes.

SARS Modifies Ruling On Taxes Applicable To DTAs


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.

Hong Kong, Belarus Sign DTA


Hong Kong and Belarus have agreed to lower withholding tax rates on cross-border income under a new comprehensive double tax agreement.

India, Singapore Revise Tax Treaty


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.

Cyprus, India Tax Treaty To Take Effect In 2017


The revised double tax avoidance agreement between India and Cyprus will take effect from April 1, 2017, India's Central Board of Direct Taxes has announced.

Swiss Double Tax Agreements Enter Into Force


Amendments to Switzerland's double taxation agreements with Norway and Albania have entered into force, the Swiss Federal Council has announced.

Australia-Germany DTA Enters Into Force


The Australian Government has announced that a new double tax agreement with Germany is now in force, replacing the previous 1972 treaty.

Canada, Madagascar Agree Lower Cross-Border WHT Rates


Canada and Madagascar have signed a double taxation agreement that will limit the withholding tax rates for dividends, interest, and royalties.

Switzerland-Liechtenstein DTA Enters Into Force


The double taxation agreement between Switzerland and Liechtenstein will enter into force on December 22, 2016.

Hong Kong Pushes For DTA, Info Exchange With Australia


In Canberra, Hong Kong's Secretary for Financial Services and the Treasury, K C Chan, expressed his wish to quickly start negotiations on a comprehensive double taxation agreement with Australia.

New Zealand Planning More BEPS Measures


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.

India, Japan Amend Their Double Tax Agreement


An update to India and Japan's double tax agreement entered into force on October 29.

Germany, Costa Rica To Avoid Double Tax From Jan 1


German's Finance Ministry on October 24 confirmed that the double tax avoidance treaty between Germany and Costa Rica will apply from January 1, 2017.

India-S Korea Double Tax Deal To Lower WHT Rates


India has released details about its new double tax agreement with South Korea, which will be effective for Indian taxpayers from April 2017.

Japan, Austria Agree MAP Arbitration


The Governments of Japan and Austria have agreed in principle to amend their double taxation avoidance agreement to further promote trade and investment between the two countries.

New Finland-Spain Tax Treaty Postponed


The introduction of a new double tax avoidance treaty between Finland and Spain will be delayed by at least one year due to the ongoing political stalemate in Spain.

Hong Kong Committed To Compliant International Tax Regime


During a recent speech, the Secretary for Financial Services and the Treasury, K C Chan, reiterated Hong Kong's commitment to meeting the international standards on tax transparency, and to implementing the Organisation for Economic Co-operation and Development's base erosion and profits shifting package.

S Korea–Hong Kong DTA Effective


The comprehensive double taxation agreement between Hong Kong and South Korea, which was signed on July 8, 2014, went into effect on September 27, 2016.

US, Argentina Negotiating Comprehensive Double Tax Pact


During his remarks at a September 26 meeting with Argentine Finance Minister Alfonso Prat-Gay in Buenos Aires, US Treasury Secretary Jack Lew disclosed that the two countries are to negotiate a comprehensive double taxation agreement, to include provisions for the exchange of tax information.

France Requests Bank Data From Switzerland In Tax Probe


The French tax authorities have reportedly sent an administrative assistance request to Switzerland which could see Swiss bank UBS turn over information on tens of thousands of French clients.

Treaty Updates by Territory

Latest Treaty Updates

Treaty Update: India - Belgium


India and Belgium signed a DTA Protocol on March 9, 2017.

Treaty Update: Mauritius - Ghana


Mauritius and Ghana signed a DTA on March 10, 2017.

Treaty Update: Switzerland - Pakistan


Switzerland and Pakistan are expected to sign a TIEA covering bank account information on March 21, 2017.

Treaty Update: Jersey - Mauritius


Jersey and Mauritius signed a DTA on March 3.

Treaty Update: Singapore - India


Singapore's DTA Protocol with India entered into force on February 27, 2017.

Treaty Update: Singapore - Uruguay


The DTA between Singapore and Uruguay will enter into force on March 14, 2017.

Treaty Update: Vietnam - United States


According to recent media reports, Vietnam will soon ratify its new DTA with the United States.

Treaty Update: Azerbaijan - Denmark


Azerbaijan and Denmark signed a DTA on February 17, 2017.

Treaty Update: United Arab Emirates - Burundi


The UAE and Burundi signed a DTA on February 16, 2017.

Treaty Update: Hong Kong - Korea, South


According to a January 24, 2017, announcement from the Hong Kong Government, the territory has signed a TIEA covering financial account information with South Korea.

Treaty Update: South Africa - Saint Kitts and Nevis


The TIEA between South Africa and Saint Kitts and Nevis is to enter into force on February 18, 2017.

Treaty Update: Finland - Turkmenistan


A DTA between Finland and Turkmenistan entered into force on February 10, 2017.

Treaty Update: Portugal - Saint Kitts and Nevis


Portugal completed its domestic ratification procedures in respect of the TIEA signed with Saint Kitts and Nevis on February 2, 2017.

Treaty Update: India - Austria


India and Austria have signed a DTA Protocol, the Indian Government said on February 6, 2017.

Treaty Update: Australia - Hong Kong


Hong Kong's new Financial Secretary, Paul Chan, is pushing for the completion of both a free trade agreement and a double taxation agreement with Australia.

Treaty Update: Luxembourg - Brunei


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

Treaty Update: United Kingdom - Uruguay


The UK Government on January 12, 2017, confirmed the new DTA with Uruguay became effective on January 12.

Treaty Update: Belarus - Hong Kong


Hong Kong and Belarus signed a new DTA on January 16, 2017.

Treaty Update: Cyprus - Russia


During recent negotiations, Cyprus and Russia agreed to postpone the implementation of a Protocol to their double tax agreement.

Treaty Update: Taiwan - Poland


A DTA and Protocol between Taiwan and Poland became effective on January 1, 2017.

Treaty Update: Kuwait - India


According to preliminary media reports, Kuwait and India signed a DTA Protocol on January 14.

Treaty Update: Guernsey - United Kingdom


A Protocol to Guernsey and the UK's DTA entered into force on December 6, 2016, the UK Government confirmed on January 4.

Treaty Update: Canada - Switzerland


A TIEA between Canada and Switzerland for the automatic exchange of information in tax matters came into effect on January 1, 2017.

Treaty Update: India - Kazakhstan


India and Kazakhstan signed a DTA Protocol on January 6, 2017.

Treaty Update: Switzerland - Various


Switzerland's TIEAs with Belize and Grenada became effective from January 1, 2017.

More Treaty Updates