Americas
Text available of TIEA between Ireland and the Bahamas
Irish Tax and Customs on May 1 released the text of a tax information exchange agreement signed by Ireland and the Bahamas. The agreement . . .
Treaties
Asia-Pacific
United Arab Emirates and Barbados sign tax treaty
The United Arab Emirates and Barbados, on Sept. 26, signed an agreement on the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income. The agreement emphasizes the desire of both countries to avoid double taxation on the income of individuals and companies, commercial sea and air transport, and on other similar taxes. Release
Isle of Man
Isle of Man-Luxembourg tax treaty enters into force
The Isle of Man has announced that its Agreement for the Avoidance of Double Taxation and the Prevention of Fiscal Evasion with Respect to Taxes on Income and on Capital with Luxembourg, signed April 8, 2013, entered into force on August 5. Press release, treaty text.
Denmark
Ireland and Denmark sign protocol, text available
Ireland and Denmark, on July 22, signed a protocol to their 1993 tax treaty which would change the method of eliminating double taxation with respect to salaries, wages and similar remuneration. Protocol (PDF, 43KB), Treaty
Asia-Pacific
Asia-Pacific
EU Commission threatens to sue Netherlands over tax treaty with Japan
The European Commission on October 19 asked the Netherlands to amend the limitation on benefits clause in its tax treaty with . . .
Europe
Isle of Man and Romania sign tax information exchange agreement
The Isle of Man and Romania on November 4 signed a tax information exchange . . .
Asia-Pacific
Australia and Germany to commence tax treaty negotiations
Australia and Germany will soon begin negotiations to update their 1972 tax treaty, Australian Treasury announced June 16. The Australian government has requested stakeholder . . .
Asia-Pacific
Singapore and France sign tax treaty providing for reduced dividend withholding tax
Singapore and France have signed a revised tax treaty, Singapore’s the Ministry of Finance and France’s Ministry for Finance and Public Accounts said in a joint statement January 16. The agreement lowers . . .
Asia-Pacific
Hong Kong gazettes orders implementing Korea treaty and Vietnam protocol
Orders made by Hong Kong’s Chief Executive in Council under the Inland Revenue Ordinance, to implement Hong Kong’s tax treaty with Korea, signed July 2014, and its second protocol . . .
Philippines
Philippines signs mutual assistance in tax matters convention
The Philippines has become the 68th signatory of the Multilateral Convention on Mutual Administrative Assistance in Tax Matters. The standard calls on governments to obtain detailed account information from their financial institutions and exchange that information automatically with other jurisdictions on an annual basis. The Convention must be ratified by The Philippines to enter into force. Release
Cyprus
Cyprus-Switzerland tax treaty enters into force
A new tax treaty between Cyprus and Switzerland entered into force as of October 15, Cyprus’s Ministry of Finance announced November 2. The treaty, . . .
Americas
UK details treatment of holding and treasury companies for automatic exchange of financial account information
The UK’s HM Revenue and Customs on May 21 issued guidance on the treatment of holding companies and treasury companies under FATCA, the multilateral competent authority agreement implementing the common reporting standard, and the . . .
Asia-Pacific
Portugal ratifies tax treaty with Georgia
Portugal, on March 5, ratified at tax treaty Georgia, signed December 12, 2012. An English-language version of the treaty is available
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Africa
Europe
Jersey and Romania sign TIEA
Jersey and Romania on December 1 signed a tax information exchange agreement (TIEA) at the Romanian Embassy in London, the government of Jersey has . . .
Czech Republic
Tax treaty between Luxembourg and Czech Republic enters into force
The requirements for the entry into force of the treaty between Luxembourg and the Czech Republic, signed March 5, 2013, were met on July 31 and the treaty entered into force as of that date, the Luxembourg tax authority has announced. Release (in French), A Memorial – No. 162 of August 14, page A 2501 (in French)
