Category: Tax treaties

LUANDA, June 16 (Xinhua) — Angola and the United Arab Emirates (UAE) have ratified a Convention to Avoid Double Taxation and Tax Evasion, director of the press office of the Angolan General Tax Administration said on Tuesday. Braulio Assis said the tax agreement aims to ensure a greater flow of… – Continue reading

Country-by-Country (CbyC) Reporting / Curacao / Multinationals / Tax Avoidance / Tax treaties / USA

US, Curacao agree to exchange country-by-country tax reports on large multinational groups

Published by: MNE Tax - June 12, 2020

The United States and Curacao have joined hands to better counteract tax avoidance on the behalf of multinationals. ... - Continue reading

Court cases / Indonesia / Mauritius / Special Purpose Vehicles / Tax Authority / Tax Relief / Tax treaties

Spotlight on Mauritius tax treaty in Tiger Global ruling

Published by: Outlook - June 10, 2020

Tiger Global in a difficult court case as it finds itself deprived of tax relief by the Authority of Advance Ruling (AAR). ... - Continue reading

Croatia / Double Taxation / Non-Domiciled / PWC / Tax Laws

PwC tax guru informs Croats abroad about Croatian tax system and double taxation

Published by: Croatia Week - June 4, 2020

What non-residing Croats need to know on the Croatian tax laws and double taxation. ... - Continue reading

Court cases / HM Revenue & Customs / Residence / Revenue / South Africa / Tax treaties

HMRC wins tax treaty case against S. African diver

Published by: International Investment - June 1, 2020

And a win for the UK tax authority - the HMRC. ... - Continue reading

Double Tax Treaty / Mauritius / Senegal

Senegal tears up its double tax treaty with Mauritius

Published by: International Investment - May 27, 2020

Senegal cancels double taxation agreement with Mauritius. ... - Continue reading

Double Tax Treaty / Ireland / Jurisdiction / Tax treaties

Ireland: Aviation Finance And Leasing Guide 2020

Published by: Mondaq - May 23, 2020

Guidance for the purchase of aircrafts in Ireland. ... - Continue reading

Court cases / Double Tax Treaty / EU / Italy / Portugal

EU court rules on legality Italy-Portugal tax treaty’s pension taxation scheme

Published by: MNE Tax - May 18, 2020

... - Continue reading

Avoidance Convention / Cambodia / Double Taxation / Malaysia / South Korea / Tax Reform

Double-tax draft law with Malaysia and South Korea shows progress

Published by: Khmer Times - May 17, 2020

This article discusses the benefits of Cambodia's double taxation agreements with Malaysia and South Korea. ... - Continue reading

Cyprus / Tax treaties / Tax Treaty Abuse

Cyprus: The End Of Treaty Abuse And A Fresh Start Of Tax Treaty Use – The Multilateral Instrument (MLI)

Published by: Mondaq - May 15, 2020

Cyprus signed the Multilateral Instrument(MLI) earlier this year in an attempt to reform its tax system. This article navigates through the effects of this tax treaty. ... - Continue reading

Multinationals / South Korea / Tax Avoidance / Tax treaties

Seoul to implement convention on MNCs’ tax avoidance in Sept.

Published by: Yonhap News Agency - May 14, 2020

Seoul signs multilateral convention to counter tax avoidance. ... - Continue reading

Base Erosion & Profit Shifting / Czech Republic / South Korea / Tax treaties

BEPS MLI to enter to force for Czech Republic, Korea

Published by: MNE Tax - May 13, 2020

Czech Republic and South Korea ratify the Multilateral Convention to Implement Tax Treaty Related Measures in an effort to fight against Base erosion and Profit Shifting. ... - Continue reading

Double Tax Avoidance Treaty / Gibraltar / United Kingdom

Gibraltar: Gibraltar Ratifies Double Tax Agreement With The UK

Published by: MNE Tax - May 11, 2020

Gibraltar and the United Kingdom join hands together to fight double taxation. ... - Continue reading

India / Offshore / Residence / Tax Collection / Tax treaties

India: Permanent Establishment (PE) In India – Broad Understanding

Published by: Mondaq - May 8, 2020

Some insights into tax residence and permanent establishment for businesses in India. ... - Continue reading

Cote d'Ivoire / Double Tax Avoidance Treaty / Legislation / Turkey

Turkey: The treaty on avoiding double taxation of income taxes and tax evasion and its additional protocol between Republic of Turkey and Republic of Cote D’ivoire has been approved by the President of Turkey

Published by: Mondaq - May 5, 2020

Double tax treaty between Turkey and Ivory Coast has been approved by the presidential decree numbered 2470. ... - Continue reading

Corporate Tax / Cyprus / EU / Jurisdiction / Offshore Financial Centres / Tax Laws / Tax treaties

Cyprus: Cyprus Company Tax Benefits And Other Relevant Incentives

Published by: Mondaq - May 5, 2020

Here are some of the tax benefits of a having a company in Cyprus. ... - Continue reading

Business / Double Tax Treaty / Ireland / Tax Relief / Transfer pricing

Ireland transfer guidance addresses claims for unilateral tax relief

Published by: MNE Tax - May 4, 2020

Lights upon Ireland's unilateral tax relief in relation to the double taxation agreement. ... - Continue reading

Colombia / OECD / Tax Reform / Tax treaties

Colombia Becomes 37th Member Of OECD

Published by: Urdu Point - April 29, 2020

Colombia is now officially a member of the OECD. ... - Continue reading

Double Taxation / Employment / Expatriates / Income Tax Act / Residence / South Africa

Explainer: South Africa’s ‘expat tax’ – your questions answered

Published by: International Investment - April 26, 2020

Clarifications on tax-related issues for South Africans living and working abroad. ... - Continue reading

Base Erosion & Profit Shifting / Cyprus / Legislation / OECD / Tax Reform / Tax treaties

Cyprus: Ratification Of Multilateral Instrument

Published by: Mondaq - April 24, 2020

The BEPS MLI has been ratified in Cyprus as from 2020. Here's more to it. ... - Continue reading

Business / Covid-19 / Digital Services / Double Taxation / OECD / Tax Laws / Tax Reform

Tax Policy After Coronavirus: Clearing a Path to Economic Recovery

Published by: Tax Foundation - April 22, 2020

COVID-19 has forced the whole economic world to halt and alter its processes in order to be able to keep functioning as much as is possible. Here are some further proposed adjustments in the wake of the COVID-19. ... - Continue reading

Covid-19 / OECD / Tax treaties

OECD issues welcome guidance on tax treaty issues arising from the COVID‑19 crisis

Published by: MNE Tax - April 13, 2020

OECD has released guidelines concerning the COVID-19. Here's more. ... - Continue reading

Cyprus / Double Tax Treaty / EU / Residence / United Kingdom

European Union: Extension Of Tax Benefit For UK Nationals Receiving A Government Service Pension

Published by: Mondaq - April 12, 2020

Residency in Cyprus when you are a UK national. ... - Continue reading

Double Tax Avoidance Treaty / Indonesia / Singapore / Tax Reform

Indonesia: Indonesia And Singapore Sign Updated Double Taxation Avoidance Agreement

Published by: Mondaq - April 7, 2020

Indonesia and Singapore sign newest double tax avoidance treaty. ... - Continue reading

Double Tax Avoidance Treaty / France / Legislation / Luxembourg

Luxembourg: Amendment To The Double Tax Treaty Between France And Luxembourg Passed

Published by: Mondaq - April 5, 2020

More details on the amended double tax treaty between France and Luxembourg. ... - Continue reading

Covid-19 / OECD / Tax treaties

First Look: OECD considers impact of COVID-19 mobility restrictions on tax treaties

Published by: MNE Tax - April 4, 2020

OECD issues more tax information in wake of the COVID-19. ... - Continue reading

Business / Covid-19 / Double Tax Treaty / Ireland / Residence / Tax Authority / Tax Laws

Ireland: COVID-19 Ireland Update: Tax Residence Considerations In Light Of COVID-19 Travel Restrictions

Published by: Mondaq - April 1, 2020

An examination of travel restrictions with regard to Irish tax residence of Irish companies and funds. ... - Continue reading

Base Erosion & Profit Shifting / Cyprus / Tax treaties

Worldwide: Cyprus Ratifies The Base Erosion And Profit Shifting Multilateral Instrument Issue

Published by: Mondaq - March 11, 2020

On January 2020, Cyprus signed its agreement of the MLI. ... - Continue reading

India / Investments / Mauritius / Tax treaties

India: DENIAL OF TAX TREATY BENEFITS- ARE GRANDFATHERED INVESTMENTS FAIR GAME?

Published by: Mondaq - March 9, 2020

A recent ruling by the Authority for Advance Rulings (AAR) in the case of Bidvest has stirred the proverbial hornets' nest when it comes to the issue of treaty protection, and has reignited the debate of substance over form when it comes to availing the benefits of a tax treaty. ... - Continue reading

Budget / Business / Dividends / India / Residence / Tax treaties / Transfer pricing / Withholding Tax

India Budget 2020: The key takeaways

Published by: International Tax Review - March 3, 2020

Here are some important tax proposals for India's 2020 Budget. ... - Continue reading

Cambodia / Double Tax Treaty / Double Taxation / Hong Kong / Legislation

Cambodia-Hong Kong DTA: Key Features

Published by: Asean Briefing - February 27, 2020

On January 1, 2020, the double taxation avoidance (DTA) agreement between Cambodia and Hong Kong came into force. ... - Continue reading

Exemptions / India / Mauritius / Tax Authority / Tax Evasion / Tax treaties

India’s Authority for Advance Rulings denies tax exemption under India-Mauritius treaty

Published by: MNE Tax - February 24, 2020

Clarifications on the India-Mauritius tax treaty. ... - Continue reading

Canada / Dividends / Infrastructure / Investments / Lease / Legislation / Profit Shifting / Revenue / Royalties / Tax Authority / Tax treaties / Treating Shopping / Treaty Abuse

Canada: Treaty Shopping: MIL, MLI And ALTA Things In Between

Published by: Mondaq - February 19, 2020

On February 12, the Federal Court of Appeal (FCA) released its decision in The Queen v. Alta Energy Luxembourg S.a.r.l.1 (Alta Energy), a case that represents an attempt by the Canadian tax authority to relitigate the issue of whether Canada’s domestic general anti-avoidance rule (GAAR) can apply to curtail so-called “treaty shopping”.2 ... - Continue reading

Spain / Tax Arrangement / Tax Authority / Tax Avoidance / Transfer pricing

Spain to scrutinize taxpayers’ transfer pricing positions

Published by: MNE Tax - February 17, 2020

Spain focuses on transfer pricing. ... - Continue reading

Activity / Business / Digital Services / Income Tax / Individuals / Lease / OECD / Service Tax / Tax treaties / Transfer pricing / Uncategorized

United States: The OECD Unified Approach Marches (Stumbles?) Forward

Published by: mondaq - February 13, 2020

The OECD Secretariat proposed the Unified Approach in October 2019 to address the tax challenges arising from the digitalization of the economy. ... - Continue reading

Base Erosion & Profit Shifting / Double Taxation / India / Sri Lanka / Tax Evasion

Cabinet approves India-Sri Lanka Agreement amendment on double taxation, evasion

Posted On: February 12, 2020

New Delhi: The Union Cabinet, chaired by Prime Minister Narendra Modi, has approved the signing and ratification of the protocol amending the Agreement between India and Sri Lanka for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income, according to a Press… – Continue reading

Business / Double Tax Treaty / Double Taxation / Expatriates / Expats / Philippines

Philippines lands in Forbes’ Top 25 Best Places to Retire in 2020

Posted On: February 11, 2020

The Philippines was recognized as one of the best places where US expatriates (expats) could retire in 2020, according to a recent newsletter from Forbes. It was among 25 countries chosen by the American business magazine. The Philippines was described to be an “English-speaking Pacific Ocean nation of 7,400 islands”… – Continue reading

Business / Double Taxation / FACT / IRS / Offshore / Revenue

IRS to consider repatriation as relief factor in double taxation cases

Published by: INTERNATIONAL INVESTMENT - February 10, 2020

The US Internal Revenue Service (IRS) has said it will consider certain circumstances in which it could provide relief from double taxation resulting from application of the repatriation tax, as amended by the Tax Cuts and Jobs Act (TCJA) 2018. ... - Continue reading

Jurisdiction / Portugal / Residence / Tax treaties