Dutch State Secretary for Finance Frans Weekers is currently conducting a working visit to South America, with the intention of extending the country’s tax treaty network.
The aim of the Dutch finance ministry's working visit to Brazil, Chile, and Columbia, is to further enhance the good relations between the Netherlands and South American countries, and to initiate negotiations towards tax treaties with both Chile and Columbia.
Commenting on the planned visit, Frans Weekers explained that the country’s extensive network of tax treaties makes the Netherlands a popular country for companies and foreign investors. In addition, Dutch entrepreneurs seeking to do business abroad know precisely where they stand thanks to the agreements in place, he emphasized.
During the course of his visit to Brazil, Dutch Weekers plans to meet with Brazilian banks and firms as well as with Dutch companies and banks established in Brazil. Weekers also intends to hold meetings with the Brazilian finance ministry, the country’s tax authorities and the Brazilian central bank.
In Chile, Weekers is due to meet his Chilean counterpart and to attend a gathering of the association of Chilean entrepreneurs, where he will give a talk on the euro crisis.
Finally, the Dutch state secretary is expected to travel to Colombia to hold talks with the Colombian finance minister..
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According to an update from the Liechtenstein Government, the new DTA with the United Arab Emirates will become effective from January 1, 2018.
According to preliminary media reports, the Netherlands and Liechtenstein held a first round of DTA negotiations over three days ending November 17, 2017.
Saudi Arabia's Cabinet on November 28, 2017, authorized the signing of a DTA with Bulgaria.
Bahrain's Cabinet has approved the signing of a new DTA with Hong Kong, the state news agency said November 13, 2017.
Hong Kong announced on November 24, 2017, that its DTAs with Pakistan and Latvia had entered into force.
Finland on November 2, 2017, confirmed that a new DTA signed with Germany will be effective from January 1, 2018.
The DTA between Cyprus and Iran will become effective from January 1, 2018.
India ratified a third Protocol to its DTA with New Zealand on November 2, 2017, publishing a Notice in its Official Gazette.
Gibraltar and the United Kingdom are considering launching negotiations towards a DTA, according to recent comments from the UK's Economic Secretary to the Treasury.
Barbados and Italy have exchanged instruments of ratification in respect of a DTA, which will now become effective from January 1, 2018.
Switzerland's Government on October 25, 2017, adopted a dispatch on the DTA concluded with Pakistan, enabling its ratification.
Spain and Portugal signed a DTA on October 18, 2017.
Pakistan and Latvia initialed a DTA on October 25, 2017.
Spain and Romania signed a DTA on October 18, 2017.
Denmark and Japan signed a DTA Protocol on October 11, 2017.
The Bahamas and Finland signed a Protocol to amend their TIEA on October 19, 2017.
The Dutch lower house of parliament on October 24, 2017, approved the ratification of a DTA signed with Zambia.
Cyprus and Mauritius signed a DTA Protocol on October 23, 2017.
According to preliminary media reports, Armenia and Iran are to enter into negotiations to revise their DTA.
The United Kingdom and Ukraine signed a DTA Protocol on October 9, 2017.
According to preliminary media reports, Spain's Cabinet on October 6, 2017, approved the signing of a DTA and accompanying Protocol with Finland.
Russia and Japan signed a DTA on September 7, 2017.
A new TIEA between the Isle of Man and Turkey entered into force on October 7, 2017.
The United Kingdom and Belarus signed a DTA on September 26, 2017.