US Treasury has announced on its website that FATCA intergovernmental agreements (IGAs) have entered into force with the UAE, Portugal, Croatia, Montserrat and that IGAs . . .
Iceland has signed a tax information exchange agreement with the UAE, completing an effort to sign such agreements with low-tax countries . . .
The United Arab Emirates has signed a tax treaty with Jordan, the UAE’s Ministry . . .
Jersey has signed a tax treaty with the United Arab Emirates, the goverment of Jersey announced April 21 . . .
Davide Anghileri of the University of Lausanne discusses Switzerland’s decision to launch a consultation on automatic exchange of information with 20 more countries . . .
Today the Council of the European Union removed Barbados, Grenada, the Republic of Korea, Macao SAR, Mongolia, Panama, Tunisia and the United Arab Emirates from the EU list of non-cooperative jurisdictions in taxation matters, writes Davide Anghileri of the University of Lausanne, Switzerland . . . .
Davide Anghileri of the University of Lausanne discusses the EU’s tax blacklist, released December 5, which identifies 17 “non-cooperative jurisdictions” and warns many others that they could be listed in the future if they do follow through with commitments to improve specified aspects of their tax regimes . . .
MNE Tax contributing editor, Davide Anghileri, discusses a Council of the European Union May 25 meeting where EU States agreed on new rules for regulating intermediaries that design or promote tax planning schemes; new wording to be included in agreements with third countries on good governance in tax matters; and moving the Bahamas and Saint Kitts and Nevis from the EU’s tax blacklist list to its “gray list” . . . ,
The United Arab Emirates and the United Kingdom signed a tax treaty . . .
The goverment of Jersey has posted on its website the text of its new tax treaty and protocol with the United Arab Emirates. The treaty . . .
The government of Luxembourg has announced that protocols signed with Ireland, Mauritius, Lithuania and United Arab Emirates entered into force on December 11 and . . .
A tax treaty between Hong Kong and the United Arab Emirates entered into force . . .
The UAE Ministry of Finance’s (MoF) said August 18 that while Gulf Cooperation Council (GCC) countries have agreed to simultaneously launch a value added tax (VAT), the countries have yet to settle. . .
Hong Kong on May 15 announced that orders were gazetted to implement tax treaties signed with South Africa and the United Arab Emirates and notes exchanged with Japan regarding interpretation of the 2010 Japan/Hong Kong treaty. The tax treaty with South Africa, signed October 2014, reduce. . .
In a paper released November 13, the UK’s HMRC has announced that it will begin tax treaty negotiations with Nepal, Romania, Trinidad, Tobago . . .
A legal challenge to the Kenya-Mauritius Double Taxation Agreement, brought by Tax Justice Network Africa (TJN-A) in the High Court of Kenya at Nairobi, is getting closer to resolution, as a hearing date for the matter will be set on December 9. The lawsuit, filed October 3, 2014, is the first of its kind in Africa and . . .
UAE and Luxembourg on October 26 signed a protocol to amend the countries’ 2005 agreement on the avoidance of double taxation and prevention of fiscal evasion on income and capital. Release.
The US Treasury Department updated its FATCA website reporting that the UAE has signed a Model 1 intergovernmental agreement (IGA) with the United States as of June 17. The text of the agreement is available. The countries, on June 10, 2014, agreed . . .
Liechtenstein and United Arab Emirates have initialed a tax treaty, Liechtenstein’s Ministry for General Government Affairs announced March 4. The treaty largely follows the OECD Model Convention and provides for cooperation on tax matters between the tax authorities. The agreement also clarifies the tax treatment of asset structures . . .
UAE and Norway officials signed an agreement on exchange of information for tax purposes during . . .
The UAE and Denmark on November 3 signed a tax information exchange agreement (TIEA) in Denmark during a UAE delegation tour of Scandinavian . . .
A tax treaty between the United Arab Emirates and Japan signed on May 2, 2013, will enter into force on December 24 , Japan’s Ministry of Finance announced on November 25. The treaty will apply to taxes withheld at source, income taxes, and other taxes beginning January 1, 2014
. . .
Hong Kong and the United Arab Emirates on December 11 signed an agreement for the avoidance of double taxation, Hong Kong’s Inland Revenue Department has announced. Under the agreement, tax paid in Hong Kong by UAE residents will be allowed as a credit against tax . . .
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
The United Arab Emirates will complete and sign a Model 1 FATCA IGA this month and will send the agreement electronically to the US IRS in September 2015, UAE HE Younis Haji Al Khoori, Undersecretary of the Ministry of Finance told reporters February 15. The UAE had reached an agreement . . .
Copyright © 2021. DISCLAIMER: The information provided herein is general and may not be applicable in all situations. It should not be acted upon without legal advice accounting for a particular situation.
