International Tax, Transfer Pricing News
Tax treaty news from around the world
Qatar and Uruguay have signed a tax treaty on December 7.
The tax treaty includes several technical provisions related to the regulation of income taxes across various sectors, most notably the international transport sector, as well as the taxation of associated enterprises, dividends, interest, and royalties.Continue Reading
The tax treaty between Switzerland and Jordan has entered into force and will generally apply from January 1, 2026.Continue Reading
Hong Kong and Norway signed a tax treaty on December 16 in Beijing.Continue Reading
On December 19, 2025, officials from Japan and the Kyrgyz Republic signed a tax treaty in Tokyo.Continue Reading
The tax treaty between Japan and Armenia entered into force on December 20, 2025, Japan’s Ministry of Finance has announced.Continue Reading
On December 19, 2024, the tax treaty between Ecuador and the UK entered into force.
The treaty applies from January 1, 2025, for withholding taxes.
On December 18, 2024, the tax treaty between Ireland and Oman entered into force.
The treaty applies from January 1, 2025.
On January 15, 2025, Bahrain and Oman signed a tax treaty.
Further details will be provided as and when available.
On December 24, 2024, the tax treaty between Andorra and Lithuania entered into force.
The treaty applies from January 1, 2025.
The dividends, interest, and capital gains articles of the tax treaty between Austria and Belarus have been suspended until December 31, 2026.Continue Reading
Russia’s Ministry of Foreign Affairs has confirmed the termination of the country’s tax treaties with Denmark and Latvia.Continue Reading
Denmark has gazetted regulation terminating its tax treaty with Russia.
The regulation was published in the Official Gazette on November 15.
The termination will take effect from January 1, 2024.
On November 22, 2023, the Swiss Federal Council adopted the dispatch on the approval and implementation of an additional agreement supplementing the country’s tax treaty with France.Continue Reading
Germany has signed protocols to amend its tax treaties with Austria and Switzerland.Continue Reading
The Cabinet Secretary of the National Treasury of Kenya is seeking public comments on draft tax treaties with Belgium and Egypt.Continue Reading
UAE tax treaties with Gabon, Rwanda, and Zambia have entered into effect.Continue Reading
Taiwan will apply the country’s tax residency rules leniently while granting tax treaty benefits, the Finance Ministry has said.Continue Reading
Georgia’s Finance Ministry has published on its website the text of the country’s tax treaty with Kyrgyzstan.Continue Reading
Denmark has terminated its tax treaty with Russia.
Denmark terminated the tax treaty vide Notice No. 27/2023 dated June 19, 2023, in accordance with Article 29 of the tax treaty.
The tax treaty will cease to have effect on January 1, 2024.
Japan’s tax treaty with Azerbaijan will enter into force on August 4, 2023.Continue Reading
Norwegian government has terminated tax treaties signed with Barbados, Curacao, Jamaica, Sierra Leone, and Trinidad and Tobago.Continue Reading
Czech Finance Ministry has updated the official list of tax treaties on its website.Continue Reading
Japan and Turkmenistan are going to negotiate a new tax treaty.Continue Reading
The tax treaty between Hong Kong and Mauritius entered into force on June 23.Continue Reading
Japan and Algeria signed a tax treaty on February 7.Continue Reading
The Australian Government is consulting stakeholders on draft legislation to implement a new tax treaty with Iceland.Continue Reading
The Australian government is expanding its tax treaty network to provide improved certainty to taxpayers and guard against tax avoidance practices.
New negotiations are planned with Bulgaria, Colombia, Croatia, Cyprus, Estonia, Latvia, and Lithuania. These countries add to the current program which includes Portugal, Slovenia, Greece, and Luxembourg.Continue Reading
The data compiled for this peer review demonstrate that the BEPS Multilateral Instrument has been the tool used by the vast majority of jurisdictions that have begun implementing the Action 6 minimum standard, and that the MLI has started to impact tax treaties of jurisdictions that have ratified it.Continue Reading
The new tax treaty implements the minimum standards in accordance with the OECD’s project on base erosion and profit shifting. Continue Reading
The new treaty will be effective from January 1, 2021. Continue Reading
The tax treaty applies from January 1, 2020.Continue Reading
The tax treaty will become effective after both countries have completed their respective domestic procedures.Continue Reading
The tax treaty and Protocol implement the BEPS minimum standards to tackle tax planning strategies that exploit gaps and mismatches in tax rules.Continue Reading
The tax treaty will enter into force after both countries have completed their respective internal procedures.Continue Reading
Japan and Peru have “in principle” agreed to conclude a tax treaty.Continue Reading
The Protocol will be effective for requests for information made on or after the date of entry into force for tax years on or after January 1, 2009.Continue Reading
Mandatory binding arbitration clause is included in the tax treaty protocols to resolve tax treaty disputes.Continue Reading
The treaty protocol provides for a low withholding tax rate of five percent for royalty and interest payments. An arbitration clause is also included to increase legal certainty for taxpayers.Continue Reading
The treaty will be effective from April 1, 2019.Continue Reading
An arbitration clause is included in the new tax treaty to resolve double taxation disputes.Continue Reading
The tax treaty provides for a low withholding tax rate of five percent for dividend payments. Interest, royalties, and fees are subject to a low withholding tax rate of ten percent.Continue Reading
India has signed a Protocol to amend its tax treaty with China.
The Protocol incorporates changes required to implement tax treaty-related minimum standards agreed under the base erosion and profit shifting (BEPS) project.
Continue Reading
Japan and Spain signed a new tax treaty on October 16. The tax treaty wholly amends the existing tax treaty between Japan and Spain, which entered into force in 1974.
As per the new tax treaty, a withholding tax exemption applies to investment income from interest and royalties. Withholding tax on dividends is also exempt in certain situations.Continue Reading
Japan and Croatia signed a new tax treaty on October 19.
The new tax treaty provides for a reduced withholding tax on dividends, interest, and royalties. In some case, these are exempt.Continue Reading
The tax treaty between Japan and Iceland will enter into force on October 31, 2018, Japan’s Finance Ministry has announced.Continue Reading
The protocol to amend the Switzerland-Latvia tax treaty entered into force on September 3, 2018, and will take effect from January 1, 2019. Continue Reading
The Swiss Federal Council on August 22 adopted the dispatch concerning a protocol of amendment to the Swiss-UK tax treaty for the attention of Parliament.Continue Reading
The Swiss Federal Council on August 15 adopted the dispatch on the tax treaty with Saudi Arabia.Continue Reading
Japan and Colombia have completed tax treaty negotiations, Colombia’s Finance Minister, Mauricio Cárdenas, announced on July 30.Continue Reading
The tax treaty between Singapore and Nigeria will enter into force on November 1, 2018, and will take effect on January 1, 2019.Continue Reading
Guernsey has signed a new tax treaty with the UK. The new tax treaty replaces the one that has been in force since 1951.
The new tax treaty is based, broadly, on the OECD Model Tax Convention, which Guernsey has generally followed in its negotiations with other jurisdictions in recent years. The text of the tax treaty incorporates some of the recent international standards designed to prevent base erosion and profit shifting (BEPS). Continue Reading
The governments of UK and Isle of Man signed a new tax treaty on July 2.
The tax treaty is based on the latest OECD Model Tax Convention and includes provisions to reflect the OECD’s base erosion and profit shifting (BEPS) measures.Continue Reading
The UAE has newly joined the OECD’s Inclusive Framework on base erosion and profit shifting (BEPS).
The Inclusive Framework on BEPS allows interested countries and jurisdictions to work with the OECD and Group of Twenty nations on monitoring the implementation of the BEPS proposals.Continue Reading
India’s Union Cabinet has approved revision of the country’s tax treaty with Qatar.
The revised tax treaty includes a limitation of benefits clause to prevent treaty shopping. It meets the base erosion and profit shifting (BEPS) minimum standards on treaty abuse (BEPS Action 6) and mutual agreement procedure (BEPS Action 14).Continue Reading
The Indian Government has approved the country’s tax treaty with Iran.
The tax treaty is in line with the ones entered into by India with other countries. The proposed treaty also meets tax treaty-related minimum standards proposed under the OECD’s base erosion and profit shifting project, in which India is participating on an equal footing.Continue Reading
An amending Protocol to the UK-Mauritius tax treaty was signed on February 28, 2018.Continue Reading
Singapore and Tunisia have signed a tax treaty, which provides for low withholding tax rates and a detailed exchange of information provision.Continue Reading
On February 19, 2018, India gazetted a revised tax treaty with Kenya. The revised treaty was signed by both countries in July 2016.Continue Reading
Japan and Spain have agreed in principle to the text of a new tax treaty.
The new tax treaty will replace the existing treaty between both countries, which entered into force in 1974.Continue Reading
India on February 17 signed a tax treaty with Iran. The treaty is similar to the ones entered into by India with other countries.Continue Reading
Ireland and Ghana signed a new tax treaty on February 7, 2018. The procedures to ratify the treaty are underway.
Ireland is also negotiating and renegotiating existing treaties with foreign jurisdictions.
According to the tax authority, Ireland’s existing treaty base will also be updated to incorporate provisions set out in the Multilateral Convention to implement tax treaty-related measures to prevent base erosion and profit shifting.
By Alex Cooper
US Congressman David Valadao has urged Treasury Secretary Steven Mnuchin to renegotiate the US tax treaty with Armenia with a view to ending double taxation currently imposed on businesses in both countries.Continue Reading
By Alex Cooper
On February 7, 2018, the Indian Government approved the signing and ratification of a protocol to amend the country’s tax treaty with China.Continue Reading
By Alex Cooper
On February 5, 2018, the UAE President issued a federal decree ratifying the country’s tax treaty with Paraguay.Continue Reading
Italy and Colombia have signed a new tax treaty in line with the base erosion and profit shifting (BEPS) project.Continue Reading
A revised tax treaty between Singapore and Sri Lanka entered into force on December 31, 2017. Continue Reading
The new tax treaty between Ireland and Kazakhstan became effective on January 1, 2018.
The tax treaty, which was signed by both countries in April 2017, entered into force on December 29, 2017.