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Tag: DTT

Double Tax Treaty Between Cyprus And Switzerland Effective January 1, 2016

The first Cyprus-Switzerland double tax treaty (DTT), signed in 2014, entered into force in October 2015 with its provisions taking effect as from January 1, 2016. Under the treaty there is no withholding tax (WHT) on interest and royalties. There is also no WHT on dividends in those cases where the beneficial owner of the […]

China And Zimbabwe Signed A Double Taxation Treaty (DTT)

On December 1, 2015, China signed a DTT with Zimbabwe, bringing the number of DTTs signed by China to 104. The DTT will enter into force upon completion of the ratification procedures by both sides. The important features of ChinaZimbabwe DTT include: Withholding tax (WHT) rates on dividends, interest, and royalties paid to qualified beneficial […]

Korea Tax Law Changes For 2016

The Korean National Assembly has approved amendments to tax laws for 2016 which include some changes to the proposals announced in August 2015. Supporting details related to the tax law changes have also been released in amendments to relevant Enforcement Decrees. The main corporate tax law changes that may have impact on Korean inbound investors […]