March 2016 Market Update

2.29.2016

Andorra entered into a new double taxation treaty with Luxembourg effective 01 January 2017.

Bahrain entered into a new double taxation treaty with Tajikistan effective 01 January 2017.

Cyprus entered into a new double taxation treaty with Kuwait effective 01 January 2014.

India entered into a new double taxation treaty with Indonesia effective 01 January 2017 in Indonesia and 01 April 2017 in India.

Italy decreased its statutory dividend withholding rate on dividends paid to EU/EEA companies to 1.2% from 1.375% effective 01 January 2017.

Philippines entered into a new double taxation treaty with Turkey effective 01 January 2017.

Portugal entered into a new double taxation treaty with Senegal effective 01 January 2017.

Singapore entered into a new protocol with United Arab Emirates effective 01 January 2017.

 

 

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