United Arab Emirates – Argentina: Tax Information Exchange Agreement Signed
On 5 February 2016, Argentina and the United Arab Emirates signed a Tax Information Exchange Agreement. Further details will be reported once the text of the Agreement becomes available.
Kenya Signs the OECD Convention on Tax Matters
On 8 February 2016, Kenya signed the OECD’s Multilateral Convention on Mutual Administrative Assistance in Tax Matters. Kenya is the 12th African country to sign the Convention and the 94th jurisdiction to join it. The agreement is designed to facilitate international co-operation among tax authorities to improve their ability to tackle tax evasion and avoidance.
Senegal Signs the OECD Convention on Mutual Administrative Assistance in Tax Matters
On 4 February 2016, Senegal signed the OECD’s Multilateral Convention on Mutual Administrative Assistance in Tax Matters. Senegal is the 11th African country to sign the Convention and the 93rd jurisdiction to join it. The agreement is designed to facilitate international co-operation among tax authorities to improve their ability to tackle tax evasion and avoidance.
Luxembourg – Estonia: Tax Treaty Enters Into Force
The new Income and Capital Tax Treaty between Luxembourg and Estonia entered into force on 11 December 2015 and its provisions took effect on 1 January 2016. The new treaty replaces the previous one of 2006. In accordance with the new treaty, the following withholding taxes will apply: Dividends: 0% if the beneficial owner is […]