The Swiss Federal Council has adopted a dispatch on the implementation of a new double tax agreement with Kosovo.
The Swiss Federal Council has adopted a dispatch on the implementation of a new double taxation agreement with Pakistan.
Countries have made substantial progress in ensuring that their preferential tax regimes do not give rise to base erosion and profit shifting issues, according to the OECD's new peer review report under Action 5 of the BEPS Action Plan.
The Japanese and Danish governments announced on October 11 that they had signed a new agreement for the avoidance of double taxation in Tokyo.
Canada is largely compliant with the BEPS minimum standard on improving tax dispute resolution, one of the first ever OECD peer reviews has found, but it needs to make a number of changes to be regarded fully compliant.
Japan's National Tax Agency has released guidance on the mutual agreement procedure article found in many of Japan's double tax treaties.
The OECD has released its first peer review reports of mutual agreement procedure frameworks in Belgium, Canada, the Netherlands, Switzerland, the UK, and the US.
Mauritius's Ministry of Finance has denied that there are plans for a renegotiation of the jurisdiction's double tax agreement with India in the near future.
Switzerland and Zambia have signed a new double taxation agreement which sets maximum withholding tax rates for dividends and interest.
Hong Kong and Saudi Arabia have signed a comprehensive agreement for the avoidance of double taxation.
Croatia and New Zealand have agreed that they should negotiate an agreement on the avoidance of double taxation.
The New Zealand Government has announced the signature of two Orders of Council that will implement amendments to its tax treaty arrangements with India and San Marino.
The New Zealand Government has tabled in parliament a multilateral convention that will enable it to update tax treaties in line with the OECD's recommendations on base erosion and profit shifting.
The Swiss Federal Council has announced that an information exchange amendment to the double tax agreement with Belgium has entered into force.
The Platform for Collaboration on Tax, a joint initiative of the OECD, the International Monetary Fund, the United Nations, and the World Bank Group, has launched for consultation a draft toolkit designed to help developing countries address concerns surrounding the tax treatment of offshore indirect transfers of assets.
Switzerland and Ecuador have signed a protocol to their double taxation agreement that will introduce new provisions for the exchange of information.
On July 11, 2017, Cameroon's Finance Minister, Alamine Ousmane Mey, signed the OECD's Multilateral Instrument, designed to prevent the avoidance of tax through the abuse of double tax avoidance treaties.
On June 28, 2017, the Swiss Federal Council adopted the dispatch on a revised double taxation agreement with Latvia and submitted it to Parliament for approval.
The International Chamber of Commerce has stressed the need for more countries to adopt mandatory binding arbitration to better resolve double tax disputes.
Nigeria's Cabinet has approved the signing of the BEPS Multilateral Instrument to introduce anti-base erosion and profit shifting (BEPS) measures into its tax treaties.
The lower house of the Austrian parliament has approved the OECD multilateral instrument, designed to prevent the avoidance of tax through the abuse of double tax avoidance treaties.
Officials from Cuba and Luxembourg have met in Havana for early stage talks on a possible double taxation treaty.
The European Parliament's Economics and Monetary Affairs Committee has backed proposals for the improved resolution of double taxation disputes within the EU.
Botswana has joined the OECD's base erosion and profit shifting Inclusive Framework.
Mauritius will sign the OECD's Multilateral Convention to implement the tax treaty-related base erosion and profit shifting recommendations by the end of June 2017, the Finance Ministry has announced.
Treaty Update: India - New Zealand
India ratified a third Protocol to its DTA with New Zealand on November 2, 2017, publishing a Notice in its Official Gazette.
Treaty Update: Gibraltar - United Kingdom
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.
Treaty Update: Barbados - Italy
Barbados and Italy have exchanged instruments of ratification in respect of a DTA, which will now become effective from January 1, 2018.
Treaty Update: Switzerland - Pakistan
Switzerland's Government on October 25, 2017, adopted a dispatch on the DTA concluded with Pakistan, enabling its ratification.
Treaty Update: Spain - Portugal
Spain and Portugal signed a DTA on October 18, 2017.
Treaty Update: Pakistan - Latvia
Pakistan and Latvia initialed a DTA on October 25, 2017.
Treaty Update: Spain - Romania
Spain and Romania signed a DTA on October 18, 2017.
Treaty Update: Denmark - Japan
Denmark and Japan signed a DTA Protocol on October 11, 2017.
Treaty Update: Bahamas - Finland
The Bahamas and Finland signed a Protocol to amend their TIEA on October 19, 2017.
Treaty Update: Netherlands - Zambia
The Dutch lower house of parliament on October 24, 2017, approved the ratification of a DTA signed with Zambia.
Treaty Update: Cyprus - Mauritius
Cyprus and Mauritius signed a DTA Protocol on October 23, 2017.
Treaty Update: Armenia - Iran
According to preliminary media reports, Armenia and Iran are to enter into negotiations to revise their DTA.
Treaty Update: United Kingdom - Ukraine
The United Kingdom and Ukraine signed a DTA Protocol on October 9, 2017.
Treaty Update: Spain - Finland
According to preliminary media reports, Spain's Cabinet on October 6, 2017, approved the signing of a DTA and accompanying Protocol with Finland.
Treaty Update: Russia - Japan
Russia and Japan signed a DTA on September 7, 2017.
Treaty Update: Isle of Man - Turkey
A new TIEA between the Isle of Man and Turkey entered into force on October 7, 2017.
Treaty Update: United Kingdom - Belarus
The United Kingdom and Belarus signed a DTA on September 26, 2017.
Treaty Update: Morocco - Togo
According to preliminary reports, Morocco intends to launch DTA negotiations with Togo.
Treaty Update: Morocco - Bahrain
Morocco on September 21, 2017, published a notice in its Official Gazette to ratify and bring into effect the DTA Protocol signed with Bahrain in April 2016.
Treaty Update: Luxembourg - Sri Lanka
At a meeting on September 27, 2017, Luxembourg and Sri Lanka committed to expediting the negotiation of a Protocol to their double tax agreement.
Treaty Update: Burkina Faso - Turkey
Burkina Faso and Turkey initialed a DTA at the conclusion of three-day negotiations on September 22, 2017.
Treaty Update: Kuwait - Turkey
Kuwait and Turkey signed a DTA Protocol on September 15, 2017.
Treaty Update: South Africa - Cameroon
An order to bring into force South Africa's DTA with Cameroon was published in the nation's Official Gazette on September 1, 2017.
Treaty Update: Paraguay - Uruguay
Paraguay and Uruguay signed a DTA on September 8, 2017.
Treaty Update: Spain - Paraguay
According to preliminary media reports, Spain and Paraguay are to relaunch DTA negotiations.